Legal advice on enterprise

Question: I am a English teacher from USA and am now thinking of starting  a small, online English Language Service company in the USA  to provide English language services to Vietnamese and Asian students and companies. To start with, I am planning to hire a teacher in the USA but...

Foreign invested company (FIC) shall be the best choice for foreign investors if they wish to run business activities in Vietnam.

Question: Currently,  we want to set up a company in Vietnam with 100% capital from Singapore.  As far as what I know, you are a service supplier in this field, please give me a guideline for the regulating conditions, the process in sequence, some notes and expected costs. I am looking...

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...

We refer with thanks to your email from which we were requested to advise on possibilities of setting up a wholly foreign invested company (hereinafter referred to as “FIC”) for providing management consultantation services in Hanoi, Vietnam. Therefore, we are grateful to set our legal services proposal for your review...

Question: We are Singapore company and would like to set up entity in Vietnam. We will focus on freight forwarding business and out-source local transportation / warehousing / Customs Declaration as well as other local activities to local vendors. In other words, the entity in Hai Phong will not physically...

We are considering now to establish a foreign owned instead of local entity company as Paypal. Can you please advise the procedure and documents needed to submit. Answer: For obtain license to act as Paypal, the minimum investment capital that you have to contribute in Vietnam is 2,500,000USD. After obtaining the Investment...

This is reference to our discussion today, from which we were requested to prepare mutual agreement between your Company and its business partner, wherein, your Company agree that it Business Partner can arrange its personnel to manage business operation of your Company for a specific period. You therefore seeks a...

Under Vietnam Law, it does not impose any minimum rate of capital for running shipping agency and forwarding services company. However, the Investor must be responsible for explaining possibility of running such company with his proposed capital. According to our practical experience, an amount of 200,000USD is reasonable rate for...

Question: Can you tell me briefly the process of increasing charter capital?  How long will it take? Thanks. Answen: The process of increasing charter capital is different from types of company, please provide more details so I can give an accurate consultation: 1) Type of company: Limited Liability company or Joint...