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Doing business in Vietnam

Establishment of a real estate company with 100% foreign invested capital

Question: We are Hongkong investor and would like to establish a real estate company with 100% foreign invested capital in Vietnam. Please advise this? Answer: This is reference to your email from which, we understand that you are now seeking legal advices for establishment of a real estate company with 100% foreign invested...

Setting up foreign invested company (FOC) in Vietnam

Question: As we are planning to source more products from Vietnam, we need to build up a local team that can work with 3rd party suppliers to ensure product quality and timely shipment. The initial thinking is that we want to setup a new entity in Vietnam near the Hochiminh...

Establishment of a company in Vietnam obtaining import – export tax incentives

Question: We are foreign investor and would like to establish the company in Vietnam obtaining import export tax incentives, please advise the details: Answer: Pursuant to your above question in which we are required to support you in providing our legal opinion on the import duty exemption applicable to imported...
Representative office in Vietnam

Q&A: Can a Representative office in Vietnam open a bank account?

Q: Can a Representive Office open a bank account? If there any amount that need to maintain? A: Yes, the Representative office (R.O) can open bank account, that account is to receive expense from parent comapny only. No need to have any amount to maintain R.O ammount,
Acquire 49equity of a pure local company

Acquire 49% equity of a pure local company

This is with regards to our conservation from which you requested us to advise for you (hereinafter referred to as “Client”) to acquire 49% equity of a pure local company (hereinafter referred to as “Vietnam company”). Thus, we are pleased to present herewith our Legal Service Proposal for your kind...

Formation of Shipping Agency/Freight Forwarding Services Company in Vietnam

In case the foreign investor would like to set up a foreign invested company providing Shipping Agency / Freight Forwarding Services in Vietnam, they should consider the legal aspect as follow[...]
Representative office in Vietnam

Note on Post-licensing procedures for Representative office in Vietnam

After receiving License for Representative office in Vietnam, regarding the post-licensing procedures, SBLAW advises as follows: 1) Implement the Initial Personal Income Tax Procedure regarding the all of employees who are working for the Rep Office. Please kindly let your Internal Accountant or External Accounting Agency contacted with the Division of...
Establishment of 100% Foreign Invested Company

Establishment of 100% Foreign Invested Company

This is reference to our discussion at our office on last week, from which, we understand that you would like us to advise on establishment of 100% Foreign Invested Company (hereinafter referred to as “FIC’) which is owned by foreign company (herein after referred to as “Client”) in Vietnam. We...
Tăng thuế bia rượu

Opening rep office in VN

Client: Dear Sir or Madam, My company currently present in Hong Kong and China for more than a year, is planning to open a rep office in Vietnam. As seen on your website, you seem expert in the process and I would appreciate very much if you could let me know: the...
Custom Duty for foreign contractor in Vietnam

Establishment of a representative office in Hanoi of foreign invested company

We refer with thanks to your email today, from which we were requested to advice on establishment of a representative office in Hanoi of foreign invested company in Long An province (hereinafter referred to as “Company” or “Client”). 1.Setting up RePRESENTATIVE OFFICE OF FOREIGN INVESTED COMPANY IN HANOI The establishment...