Doing business in Vietnam

Question: Dear sir, I am managing to have a business in Vietnam, but I wonder which business structure should I choose? My budget fluctuates around 1 billion VND? Answer: SB Law appreciates your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: Before starting any...

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...

Q: Do you think there will be a chance that foreign ownership restriction in the transportation sector might be loosened at least towards investors from ASEAN countries following AEC integration? A: According to my opinion, AEC shall not help much in this case. Purpose of AEC is to create an...

Question: We are FDI company and have headquater in Hochiminh City and wish to set up its Branch in Hanoi City to implement the project of distribution of goods that are distributed by our company, please advise the legal procedure? Answer: We, SB Law Company Limited (hereinafter referred to as...

Foreign investor: Dear sir, We are limited company from hongkong and are looking setup my fifth office in Vietnam We already have office in hongkong ,guanghzou.yiwu and qindao We need to ask some information from you to setup trading or service office or representative office first time cost of setup company auditing cost...

Question: We are into extending our company. We are planning to open a company in Hanoi, Vietnam. Requesting you to advice us in this regards. Answer: We understand that Client is now seeking legal advices for establishment of foreign investment company in Hanoi, Vietnam (hereinafter referred to as “FIC”). We therefore...

To set up Representative Office (RO) in Vietnam, the following documents must be submitted to Vietnam Authority:

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: Our company opened representative office in Vietnam, could SBLAW send us the quotation for these services of post-licensing procedure? Answen: Regarding your request, S&B Law hereby would like to charge 200USD (exclusive of 10% VAT) for covering the following tasks: 1) Declaration on Initial Personal Income Tax Procedure; 2) Registration of...

Having known that foreign investor (hereinafter referred to as “The Client”) is planning to develop the project of distributing cosmetic productsand wishes to engage a Vietnamese law firm to perform all relevant procedures for setting up 100% foreign owned company with business function of distributing such cosmetic products,