An introduction to regulations on Enterprise Registration

On January 4th 2021, The Government issued Decree 01/2021/NĐ-CP on Enterprise Registration. Enterprise Registration Dossier Language: Vietnamese In case the dossier contains documents in a foreign language, the dossier must have a notarized Vietnamese translation enclosed with the foreign language document. Personal legal papers: - Vietnamese citizen: Valid Vietnamese citizen Identification card or...
Legal service for company in Vietnam

Setting up a subsidiary of Korean company

We refer with thanks to your email from which we were requested to advice on possibilities of setting up a subsidiary of Korean company (“Client’) in Vietnam. It is our understanding that your company duly established in Korea and operating business in the field of auto accessories, is considering to...
Company incorporation in Ho Chi Minh City

Company incorporation in Ho Chi Minh City

Question: I would like to incorporate a new company in Ho Chi Minh City owned by my USA company. This new company in Vietnam will be a service provider, consulting services & quality control, and will hier around 5-6 people in Vietnam at the beginning. The local company director &...

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 Registration Certificate supplementing business line of non-life insurance

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...
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...
Conditions for doing domestic travel businesses in Vietnam

Conditions for doing domestic travel businesses in Vietnam

The applicable laws stipulate about Conditions for doing domestic travel businesses as follows: 1) Having domestic travel business registered at a competent business registry; 2) Having business plans for domestic tourist operations, offering tour programs for domestic tourists; 3) Operators of domestic travel business must have at least three years of experience...

Establishment of a real estate company with 100% foreign invested capital

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...

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...

Asking about the quote regarding about anti-spamming law in Vietnam

Client: Dear Sir/ Madam, Our company wants to send email and SMS to its patients (approx. 10,000 – 20,000 patients) to update or inform about FMP’s services.  Our concerns are (i) how to use email tool and SMS to communicate with your patients legally, and  (ii) legal exposures of not...