Legal advice on enterprise

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...

It is our understanding that you are now considering possibilities of setting up a foreign invested company for creating for 3D animations and still images for the real estate and offshore industry.

Question: One of my Korean client want to establish branch in Bac Ninh or other City Vietnam. This company has local company in HCMC but Parent company want to establish another branch in Bac Ninh area or other possible area in Vietnam. The purpose of this branch is such as agency for...

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...

Client: Dear SB Law, We are a foreign-owned automobile manufacturing company, which established in 1993 in Vietnam. Now, we would like to (i) re-register our company to operate in line with new Laws on enterprises and investment of Vietnam; (ii) expend the current business scope; (iii) extend the term of its...

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...

Question: We are one of the leading freight forwarding companies in Singapore and now have plan of strengthen our wins to worldwide branches . Presently we have our own setup in USA and BKK apart from our Singapore four offices and now the new project which we plan to...

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: I am Associate at consulting company, a global strategy management consulting firm. I am writing to you to enquire about your services to understand the regulations on online Higher Education in Vietnam. We’re looking for information with sources on specific laws and regulations in Vietnam to answer the questions. This...

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...