Legal advice on enterprise

1.The establishment of a Foreign invested company (FIC) including Joint Venture Company in Vietnam requires an Investment Certificate from the licensing authority.

Question: We are Hongkong investor and would like to establish a real estate company with 100% foreign invested capital in Vietnam. Please advise this? Answer: This is reference to your email from which, we understand that you are now seeking legal advices for establishment of a real estate company with 100% foreign invested...

Question: We are foreign investors intending to set up a retail business in Hanoi. We would like to know how much it will normally cost to engage your services in assisting us to incorporate a company and acquire relevant licenses (e.g.the Investment Certificate). We would be grateful if you may kindly provide us with a costs estimate.

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...

Question: I just open a new business in Vietnam and I would like to import some cosmetics products from Hongkong. However, I have noticed that there are lots of processes and filings I need to prepare and hence I would like to seek for your help to complete it....

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: 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...

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