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Doing business in Vietnam

Setting up pure local company

Establishment of a pure local company in Vietnam is rather simple. For this option, Client shall have to appoint at least one local partner to act as owner of the pure local company.
Transfer 100% equity of Vietnam local company to an Foreign Investor

Transfer 100% equity of Vietnam local company to an Foreign Investor

This is with regards to our discussion from which you requested us to advise for Vietnam local company (hereinafter referred to as “Client”) to transfer 100% equity to an foreign Investor (hereinafter referred to as “the Assignee”).  Thus, we are pleased to present herewith our Legal Service Proposal for...
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Company Start Up in Vietnam

We understand that you would like us to advise on possibility of setting up a foreign invested company (FIC) in Vietnam for importation of beauty products.

Road transportation service company

Under the Vietnam Enterprise Law, Road Transportation Services is classified to CPC 7123. Under Vietnam WTO commitment, for road transportation services, foreign investor is required to setup Joint Venture Company in which Foreign Ownership

Setting up a foreign invested company for operating international mixed education institution in Vietnam

Question: My company would like to set up a foreign invested company for operating international mixed education institution in Vietnam. Please quote. Answer: This is reference to our conservation from which we were requested to advice on setting up a foreign invested company (hereinafter referred to as “FIC”) for operating international...

Experience of SBLaw in Vietnam company formation

SBLAW is a full-serviced law firm, dedicating to many clients who have been working with us for many years in the field of company formation.

10 days before termination ATMS service providers must inform the locality state bank

On December 28, 2018, the State Bank of Vietnam issues the Circular No. 44/2018/TT-NHNN on amendments and supplements to certain articles of the Circular No. 36/2012/TT-NHNN dated December 28, 2012 of State Bank’s Governor prescribing installation, management, operation and maintenance of safety for operations of automated teller machines. - Within...

Required documents for opening representative office in Hochiminh City.

In order to set up representative office in Hochiminh City, Vietnam, the required legal documents are as follows:

Ability and conditions of profit remittance applied for investment fund in accordance with Vietnamese laws

Question: Hi, I have a question: Can the investment fund remit the profit back to their foreign investors (subject to fulfilment of all tax obligations in Vietnam)? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: In terms...

Import of fruits & agricultural products

Question: Our partner in Vietnam has the chance to import the following fruits through a credible international supplier: Fish, Cashew nuts, wheat, maize etc. They have not imported these products before but have a good network to distribute around vietnam.  Are they able to import? If not, what is...