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Legal advice on enterprise

Running shipping agency and forwarding services company

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...

Inquiry for establishing branch

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...
Register a new company in Vung Tau, Vietnam

Register a new company in Vung Tau, Vietnam

Client: I am an American citizen wishing to register a new company here in Vung Tau. The business is consultancy for project construction. I have an office location already. I carry no overheads other than the office rental and my own accommodation. I simply wish to be registered and request the...
Land Tax for Foreign Contractor in Vietnam

New Company Setup

Client:  We want to open company in Vietnam, Ho Chi Minh City. Need some information:- 1. Import/Export Heavy machinery Company 2. 100% ownership. 3. Owner is Singapore & Hongkong National 4. How long take time to all procedure. 5. How much expenses for all license procedure including visa. 6. How much your professional charges. Thanks for enquiry. We...
Company Liquidation

Company Liquidation

Question:  Our company is a Vietnamese company, 100% invested by Singapore Mother Company. We are planning a closure of this company (liquidation) and would like to receive a legal opinion as well as performance fee and proposal for the service of company liquidation. Issues on legal opinion How to close the company...

Amendment of Investment Certificate to include warehousing services

SBLAW understands that Client would like to amend its Investment Certificate to include warehousing services based on un-used redundant leased space area, thus, we would like to advise as follows:

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...

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...
Procedures foramending Certificate of Business Registration

Procedures foramending Certificate of Business Registration

First of all, we –SBLaw Company Limited (SB Law) – would like to give you and your Company our warmest greetings. Through the preliminary discussion with you, it is our understanding that your company(hereinafter referred to as “Client”) is in need of consulting and supporting in implementing the procedures foramending...
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...