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Doing business in Vietnam

Establishment of domestic company Service

This is reference to your requirement, from which, we understand that currently you (hereinafter referred to as “Client”) is looking for a professional law firm to establish domestic company. Therefore, we are grateful to set our legal services proposal for your review and consideration as follows: Scope of...

An introduction to regulations on Enterprise Registration

On January 4th 2021, The Government issued Decree 01/2021/NĐ-CP on Enterprise Registration. Enterprise Registration Dossier Language: Vietnamese In case the dossier contains documents in a foreign language, the dossier must have a notarized Vietnamese translation enclosed with the foreign language document. Personal legal papers: - Vietnamese citizen: Valid Vietnamese citizen Identification card or...
Set up company in Vietnam

Setting up foreign-invested enterprise in Vietnam

SB Law would like to share information foreign investor should be aware of when running a company in Vietnam, under Q&A as follows:   1/ What would be the best legal entity?   Among the most common and available investment vehicles to foreign investors including "company limited", "joint-stock company (shareholding company)", "business-cooperation contract",...

Fee quotation for incorporating foreign invested company in Vietnam

SBLAW would like to provid you  our fee quotation for incorporating foreign invested company in Vietnam for your kind consideration.  A.  Region of Service Coverage 52 cities in Vietnam   B.  SERVICE LIST Service Name Service Details 1.To establish a Foreign Investor Company to carry out following business activities: import-export of oil and lubricants – The...

Establish a foreign invested Software Company in Hanoi

Question: We a leading software company in USA. We are interested to use your service to register a software technology company in Hanoi with the corporate secretary service. It would be great if you can provide us a good quotation. We want to have this company incorporated and open a bank...

Establishment of FDI company to carry out the E-commerce Services in Vietnam

SBLAW would like to provide some advice on establishment of Foreign Invested Company to carry out the E-commerce Services in Ho Chi Minh City, Vietnam (hereinafter referred to as the “NewCo”).   1.PRELIMINARILY COMMENTS OF SBLAW INVESTMENT REGISTRATION PROCEDURES   According to Investment Law 2014, an investment in the form of the establishment of...

FINTECH COMPANY IN VIETNAM

Question: Dear sirs, warm greetings! I am helping my friends (individual fintech investors) to setup a legal entity in Vietnam. The business is about online microlending. Something similar to Cashwagon and Tima.vn. I couldn't find enough details about such type of activity in SBV's knowledge base or elsewhere. Do you have...

10 days before termination ATMS service providers must inform the locality state bank

On December 28, 2018, the State Bank of Vietnam issues the Circular No. 44/2018/TT-NHNN on amendments and supplements to certain articles of the Circular No. 36/2012/TT-NHNN dated December 28, 2012 of State Bank’s Governor prescribing installation, management, operation and maintenance of safety for operations of automated teller machines. - Within...

Ability and conditions of profit remittance applied for investment fund in accordance with Vietnamese laws

Question: Hi, I have a question: Can the investment fund remit the profit back to their foreign investors (subject to fulfilment of all tax obligations in Vietnam)? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: In terms...

Restriction on mobilization of capital applied for investment fund

Question: Respectfully to attorney, I have a question. Is there any restriction for an investment fund to receive the investment from foreign investors and Vietnamese investors as per Vietnamese laws? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you...