Doing business in Vietnam

Question: I want to set-up a foreign-invested company which conducts real-estate management services in Hanoi, Vietnam. Please quote. Answer: We refer with thanks to your conversation from which we were requested to advice on establishment of foreign invested enterprise in Hanoi, Vietnam (hereinafter referred to as the “NewCo”). This NewCo shall...

We understand that a Vietnam company - local company (hereinafter referred to as “Client”) is now seeking legal supports in transferring 90% equity of this Company Limited to a Thailand Investor. We therefore are grateful to present you our Legal Services Proposal for your review and consideration. Under Vietnam Law, in...

Question: I have some questions relating to our representative office in Ho Chi Minh City, Vietnam. 1.       How much the cost to close the representative office ? 2.       Can we leave Rep Office dormant…if so, at what cost...? 3.       Can we re-open the entity at our discretion as some point in the future….if so at...

This is reference to our discussion from which, we understand that you would like us to advise on establishment of 100% Foreign Invested Company (hereinafter referred to as “FIC’) which is owned by Foreign Company (herein after referred to as “Client”) in HCM City. We further understand that upon establishment,...

SBLAW would like to present you our legal advice on closing down Representative Office in Vietnam as follows:

Question: Hello attorney, I have a question: Can a foreigner be representative for a Company in Vietnam? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: Legally, our principal do not ban foreign from being a Company’s representative....

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...

Foreign investor: Dear Sir, I would like to have your quotations on the following matters, 1. To set up a massage business in Can Tho...with a local partner 2. Duration of business registration and requirements 3. Opening up a bank account Lawyer: Thank you for your email below. I am Lawyer of SBLaw....

Question: We would like to close of representative office in Hanoi, Vietnam. Please quote. Answer: We understand that you are seeking legal advice on closing of representative office of foreign trader in Hanoi City (hereinafter referred to as the “R.O”). We therefore are grateful to present you our Legal Services Proposal for...

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...