Doing business in Vietnam

Tax audits are carried out regularly and often cover a number of tax years. Prior to an audit, the tax authorities send the taxpayer a written notice indicating the time and scope of the audit inspection.

SBLaw is a law firm which has large experience in advising on Finance and Banking. With the staff of excellent and skilled lawyers, we has consulted for many domestic and foreign finance organizations, such as: Military Bank (MB), Industrial and Commercial Bank of China (ICBC).

SBLaw would like to provide you the legal procedure for Vietnam Limited-liability company registration as follows:

SBLaw would like to provide some useful information about Business registration for exportation of furniture in Vietnam as follows: 1. VIETNAM BUSINESS REGISTRATION The establishment of the foreign invested company (FIC) requires an Investment Certificate from the licensing authority. Depending upon the location of FIC, the licensing authority may be the Provincial People’s...

In order to assist foreign investors (hereinafter referred to as “Client”) to establish 100% foreign owned enterprise with the business function of construction consultancy (including designing and supervising consultancy) in Vietnam, SBLAW (hereinafter referred to as “Consultant”) would like to provide the Client with such services.

Question: Can you tell me briefly the process of increasing charter capital?  How long will it take? Thanks. Answen: The process of increasing charter capital is different from types of company, please provide more details so I can give an accurate consultation: 1) Type of company: Limited Liability company or Joint...

Vietnam Government classifies Multi Model Transportation Service into two forms: - Internal Multi Model Transportation Service - International Multi Model Transportation Service Under the Decree No. 87/2009/ND-CP of the Government, for providing International or Internal Multi Model Transportation Service, the Enterprise must satisfy following conditions: - Having assets or capital equal to 80,000SDR. It also...

Answer: Under Vietnam Law on Investment and Vietnam WTO’s Commitments, the foreign investors are not allowed to operate the “domain name trading”.

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 &...

Under Vietnam Law, foreign company can also establish the Branch Office to carry out business activities in Vietnam. However, this form is not very popular in practice except for branch office of foreign law firms, foreign bank and insurance company. With respect to the foreign trade companies and foreign tourist companies,...