Doing business in Vietnam

Question: We are FDI company in Vietnam and would like to amend Investment Registration Certificate (“IRC”) and Enterprise Registration Certificate (“ERC’’) in order to reflect supplementing business line of non-life insurance, please advise? Answer: We refer with thanks to your call from which we were requested to assist you regarding amendment of...

According to paragraph 5 of Article 84 of the Law on Enterprises "Within three years from the date of the certificate of business registration, a founding shareholder has the right to freely transfer its common shares to shareholders other up, but they can transfers.[...]

(SBLaw) If client would like to form a Joint Venture company (Newco) for Advertisement Services and Value Added Services in Vietnam, we would like to provide some information as follows[...]

Under the Vietnam Enterprise Law, Road Transportation Services is classified to CPC 7123. Under Vietnam WTO commitment, for road transportation services, foreign investor is required to setup Joint Venture Company in which Foreign Ownership

Foreign Language Education Services is classified to CPC 929. Under Vietnam’s WTO Commitments, with the respect to CPC 929, foreign investor can either setup a wholly foreign invested company or a joint venture company to run its investment project[...]

Foreign investor: Can foreign investor set up company nominee? Lawyer: It is possible for setting up such company under the name of a Vietnamese Partner. However, please note that you should carefully study potential risk of this form as Vietnam Law does not recognize nominee structure. In the worst case, foreign investor...

Can we create a local Vietnam company with 100% ownership if we get a longer term job opportunity in Vietnam?

Question: To set up a foreign factory, what should I prepare? Answer:  Under Vietnam Law, for setting up a foreign owned factory, you shall be required to prepare an investment proposal for long term or medium term, in which you shall have to define location, productivity, investment capital, estimated turnover, profit...

Question: We are Taiwan company and is now seeking legal advices for establishment of wholly foreign invested company  for (i) designing labels and (ii) selling labels in Vietnam, please provide legal advice? Answen:This is reference to the conservation between us, from which, we understand that your company (hereinafter referred to...

SBLaw would like to provide legal advice on possibilities of setting up a foreign invested company providing foreign language training services in Vietnam as follows: