Doing business in Vietnam

This is reference to the conservation from which, we understand that your company (hereinafter referred to as “Client”) is now seeking legal supports in assigning capital contribution to a foreign investor. We further understand that after assignment of capital contribution, Client shall focus on distribution of construction materials. We therefore are...

Question: Dear Attorney. May I have a question as follows: May foreign investor(s) establish an investment fund in Vietnam? If yes, (i) what is the possible form of that foreign invested fund, and (ii) what is the procedure to establish this fund? Answer: SB Law appreciate your interest in our...

Question: We were asked to provide a company (the “Client”, i.e., the Issuer) in preparation for IPO in Hongkong with a consolidated fee quote for acting as the Issuer’s counsel. Because the Client’s primary operating subsidiary is in Vietnam (the “Vietnam Subsidiary”), we will have to work with a Vietnam law...

Question: I wish to set up a Vietnam company and I have the following concerns: Once the company is registered in the registrar, whether the individual directors and shareholders’identity will become public information that can be searched by anyone globally. Whether it is mandatory for a Vietnamese company to...

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 support setting up a 100% foreign invested company in Vietnam (hereinafter referred to as “FIC”) . Therefore, we are grateful to set our...

In case that foreign investors want to bring the investment capital or benefit of the investment out of Vietnam, it is highly recommended that the cash flow should be sent from abroad to a Vietnam Company’s account.

Under Vietnam Law, foreign enterprise can setup a branch office for conducting business activities in Vietnam. However, in practice, possibility for setting up a branch office of a foreign trading company in Vietnam is very low. Generally, upon submission of application dossier for setting up branch office in Vietnam, the competent...

Question: May I know which taxation needs to be declared if establish a RO  in Vietnam. Your help will be much grateful. Thank you. Answer: Under Vietnam Law, a representative office does not involve with business activities for purpose of making profit. Then, except for declaration of personal income tax for...

  Question: We have a Poland client who has a BVI Company.  He would like to set up a Vietnamese Company to open a business bank account in Vietnam. Please advise us the following: 1. Is it okay to the Vietnam Authority to use BVI Company to hold the FIE Company in Vietnam? ...

We understand that a Vietnam company - local company (hereinafter referred to as “Client”) is now seeking legal supports in transferring 90% equity of this Company Limited to a Thailand Investor. We therefore are grateful to present you our Legal Services Proposal for your review and consideration. Under Vietnam Law, in...