Local legal representative/director for a new Vietnam Company

Under Vietnam Law on Enterprise, the at-law representative of a Company means an individual who represents the Company to exercise the rights and perform the obligations arising from transactions of the Company, and represents the Company in the capacity as plaintiff, respondent or person with related interests and obligations...

Legal opinion on whether a Vietnamese Citizen is under the status of individual bankruptcy

This is reference to your emails from which, we understand that your company (hereinafter referred to as “Client”) would like us to issue a legal opinion on whether a Vietnamese Citizen is under the status of individual bankruptcy and whether he has the powers and authority to execute an...

Setting up a local company

Question: We are foreigers (2 person) and we want to start on with trading company in Vietnam with very little capital in the beginning to test market it so someone suggested to start a company local in the name of Vietnamese whom we trust. Point is that we can start on...

Establish a miniting and mineral procedure industry in Vietnam

You will setup foreign invested company (FIC) in Vietnam which will be structured under the form of Limited Liability Company (LLC). Such FIC can be wholly owned by your foreign Company.

Foreign Owned Formation Company as Paypal in Vietnam

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...

Legal note regarding investment on beer manufacture of foreign investor in Vietnam

This Legal note contains the results of the legal review on investment on beer manufacture of foreign investor in Vietnam. SB Law has evaluated and considered the requirement of Client and also reviewed Document on Planning for development of Vietnam’s Beer – Alcohol – Beverage Industry by 2025 and the...
Investment Certificate

Adjusting Investment Certificate regarding to supplement the business line of leasing warehouse.

We, SBLaw Company Limited (hereinafter referred to as “SB Law”) having known that your company (hereinafter referred to as “Client”) wishes to adjust its Investment Certificate regarding to supplement the business line of leasing warehouse in Hanoi. And then, your company wishes to set up its Branch office in...

Establishing a freight forwarding/logistics company in HCMC

Investor: Dear Sir, I am a UK national and I am evaluating the possibility of establishing a freight forwarding / logistics company in HCMC. This would be on a joint venture basis with a Vietnamese partner. Please advise approximate cost for registering such a company Lawyer: Thank you for your email...

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.[...]