Vietnamese people is allowed to play casino in accordance with the new Decree

On January 16, 2017, the government has promulgated Decree 03/2017/NĐ – CP of casino business. This Decree deals with business, management of the business and administrative sanction in casino business in Vietnam. Decree 03/2017 will take effect from March 15, 2017. 1. Business principles Casino business is business lines subject to...

The foreign investors are not allowed to operate the “domain name trading”

Answer: Under Vietnam Law on Investment and Vietnam WTO’s Commitments, the foreign investors are not allowed to operate the “domain name trading”.
Increasing of charter capital of Joint Stock company in Vietnam

Increasing of charter capital of Joint Stock company in Vietnam

If this joint stock company was established more than 03 years up to now, then any changing relating to its founded-shareholders; shares transfer among founded-shareholders or other person, etc must be declared and recorded in the Shareholder Registration Book of this Company only, without notification to pronvicial Department of...
Legal advices for closing its Branch Office

Legal advices for closing its Branch Office in Dong Nai

We understand that your company (hereinafter referred to as “Client”) is now seeking legal advices for closing its Branch Office in Dong Nai (hereinafter referred to as “Branch Office”). We therefore are grateful to present you our Legal Services Proposal for your review and consideration. PROCEDURES FOR CLOSING BRANCH OFFICE IN...

Transfering the common shares to the co-founder.

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.[...]

Nominee company in Vietnam

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...

Fee quotation for incorporating foreign invested company in Vietnam

SBLAW would like to provid you  our fee quotation for incorporating foreign invested company in Vietnam for your kind consideration.  A.  Region of Service Coverage 52 cities in Vietnam   B.  SERVICE LIST Service Name Service Details 1.To establish a Foreign Investor Company to carry out following business activities: import-export of oil and lubricants – The...

Amendment of investment certificate in order to move the head office address

This is relation to our conservations, from which, you requested us to provide legal advice on amendment of Investment Certificate of your company (Hereinafter referred to as “Client”) in order to move the head office address from Binh Duong Province to Ho Chi Minh City. We, therefore, are grateful to...

NEW REGULATIONS ON TRADING ACTIVITIES OF ECONOMIC ORGANIZATIONS WITH FOREIGN OWNED CAPITAL

On 15 January 2018, the Government promulgated Decree No. 09/2018/ND-CP detailing Law on Commerce and Law on Foreign Trade Management on activity of sale and purchase of goods and activities directly related to the sale and purchase of goods of foreign investors, economic organizations with foreign owned capital in...

Setting up a company providing foreign language training services and coffee shop

This is reference to our meeting from which we were requested to advice on possibilities of setting up a 100% foreign invested company providing foreign language training services and coffee shop in Hanoi, Vietnam.   We are grateful to set our legal services proposal for your review and consideration as follows:   1....