Doing business in Vietnam

Client: Hello,We would like to inquire on legal service for corporate, such as setting up Representative Office of Foreign company in Vietnam  HCMC. Please kindly get back to us asap.  Lawyer: As discussed with you through mobile, we would like to reconfirm as follows: - For import and distribution of cosmetic products,...

In order to form a company in Vietnam (NewCo), the foreign investor have to prepare the following documents[...]

In case a Foreign Invested Company (“FIC”) would like to change of its owner and Legal Representative (“FIC”) with Vietnam Competent Authorities, We, therefore, are grateful to present our legal service proposal for client’s review and consideration.

Question: Dear Attorney. May I have a question as follows: May foreign investor(s) establish an investment fund in Vietnam? If yes, (i) what is the possible form of that foreign invested fund, and (ii) what is the procedure to establish this fund? Answer: SB Law appreciate your interest in our...

In this case, we understand that the FIC that the Client intends to setup shall (i) implement import and export right against electronic products and (ii) manufacture electronic products in Binh Duong Province.

Foreign investor: Dear sir, This is Peter from Taiwan. We are textile group company engaged in cotton, cotton yarn, fabric and garment business. We started to develop Vietnam market 3 year ago, and now our company want to establish a agency in vietnam .. so can you give me...

Question: Our company would like to work with a competent legal entity to regularly consult the day-to-day business operations of the business. Please send a quotation for this service. Answer: We understand that Client requested us to provide legal retainer services. Thus, we are pleased to present herewith our proposal outlining...

Question: To set up a foreign factory, what should I prepare? Answer:  Under Vietnam Law, for setting up a foreign owned factory, you shall be required to prepare an investment proposal for long term or medium term, in which you shall have to define location, productivity, investment capital, estimated turnover, profit...

So far SBLaw has successfully obtained the Representative Office License and supported R.O’s matter for ROCK SOLID SHEDS (Australian investor); FITI TESTING AND RESEARCH INSTITUTE (Korean investor); UBM (Thailand investors); TOHKEMI (Japanese investor); LEVI’S (Levi Strauss Global Trading Company – Hong Kong Investor); TRI HK (Hong Kong Investor); NETRUNNER SYSTEMS PRIVATE LIMITED, (Singapore Investor,), PEGASUS ( Singapore...

Supplementation of business activities and investment objective is considered as expansion of investment project. According to our practical experience, in case the Foreign Owned Company would like to expand scope of business activities, particularly, the approval shall very much depend on following factors: Audited Income Statement of the Client in...