Doing business in Vietnam

Establishment of a pure local company in Vietnam is rather simple. For this option, Client shall have to appoint at least one local partner to act as owner of the pure local company.

Question: I would like to set up warehouse services company in Hanoi I would like to know the process ie what type of license and cost of the licenses. Answer: In Vietnam, regarding to logistic services, you can setup 100% foreign owned company for providing (i) Warehouse services; (ii) Transportation Agency Service....

Tax audits are carried out regularly and often cover a number of tax years. Prior to an audit, the tax authorities send the taxpayer a written notice indicating the time and scope of the audit inspection.

Question: I wonder if you could give me some information (or pass me on to someone that can) about running an online live casino from Vietnam.     I understand that Vietnamese citizens cannot gamble by law but this website will not be accessible by people in Vietnam and will not be...

Decree No. 89/2016/ND-CP on requirements applicable to business entities acting as currency exchange agents or providing foreign currency receipt and payment services is issued by the Government on July 01, 2015. Accordingly,  a  business  entity  is  entitled  to  act  as  a currency exchange agent only after it is issued with...

Client: Logistic company, is transportation road, we distributing with truck and the goods is coal, from Cambodia to Vietnam. Please advise if that possible 100% investment foreign company. Lawyer: We understand that you would like to setup 100% owned company for providing road transportation logistics service in Vietnam. In order to provide...

Client: I Singaporean like to register a travel agent with my Vietnam partner in Vietnam. May I know your charges and service in-order for us to operate a Online travel agent in Vietnam. Thank you & best regards. Lawyer: This is with regards to your email, from which you requested to advice...

In case foreign investor (Client) is willing to engage a law firm on advices regarding obtaining Investment Certificate to form a wholly foreign invested company in Vietnam, SBLaw is qualified for above mentioned requirements and is willing to advice Client regarding above said requests[...]

QUESTION: Since forming the new company in Vietnam, how to prove the invested capital and how to use them since no need to mark actual deposit to the bank account?

Client: Dear Sir/Madam, Our company is interested in opening a rep office in VN. The purpose of this rep office is to research the VN market and identify potential supplying sources for our products. We are in the Fiber Optic components manufacturing. We have the following questions which we hope you would be...