Doing business in Vietnam

Investor: Glad to e-meet you. Please allow me to briefly introduce ourselves. We are a SGX-listed company providing business solutions to mobile network operators. Our headquarter is based in Indonesia and we are currently looking at several investment prospects in tech start-ups in Vietnam, investing through a company incorporated in...

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: It's my great honor to know you through the Internet. Our company is located in Hongkong, which is dedicated in management consulting, registration. And now there is a client from our company who wants to establish a company in Vietnam . Therefore, I have some questions to consult you and wish you can help us. 1.How many shareholders for start-ups will required?If there any nationality or domicile will required? 2.How many directors for start-ups will required?If there any nationality or domicile will be required? 3.How much registered capital for start-ups will required?Do the clients deposit the money in the company`s bank account? 4.Whether office agency requires a practical office address? 5.What materials my client must provide when the shareholders are individual ? Could you give me a checklist? 6.What materials my client must provide when the shareholders are as a company ?Could you give me a checklist? 7.Need all materials my provide be notarized ? 8.How long does it take to complete registering a office agency? 9.After setting up company,what materials my client will obtain?please tell me detail? 10.How much will you charge for the company registration, and what kind of service will be included? 11.Is there any tax required? If my client wants to...

Client is willing to engage a legal consultant on advices regarding the establishment of representative office in Hanoi, 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...

Question:  We are essentially looking to enter Vietnam to offer retail banking services. We haven't yet decided on the entry mode and are open to all possible options ranging from 100% foreign owned bank, joint-venture bank or a foreign bank branch. We are not really sure on pros and...

Question: Our company would like to close the foreign representative office in Vietnam. Please quote. Answer: We understand that your company in abroad (hereinafter referred to as “Client”) is now considering closing its Representative Office in Hanoi, Vietnam (hereinafter referred to as “RO”). We therefore would like to send herewith our...

I have some questions relating to our representative office in Ho Chi Minh City, Vietnam. Question: How much the cost to close the representative office? Answen: Our professional fee for closing a representative office is 1,200USD. The fee does not cover services for finalization of tax obligation of the representative office...

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...

SB Law would like to provide our legal advice on establishment of MLM Company in Vietnam as follows: