Doing business in Vietnam

M&A is a mechanism used by companies in order to expand its range, share market or to capture markets. Nonetheless, when M&A conducted, parties must be aware of legal status of companies that they wish to purchase and necessary procedure as well.

This is with regards to your email from which a Korean Company (hereinafter referred to as “Client”) requested us to assist in setting up foreign invested company, (hereinafter referred to as “FIC”) in Vietnam. We further understand that upon establishment, FIC shall carryout import and supplying equipments or spare parts...

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: I intend set up a company in HCM, as a buying house handling export products out of Vietnam and trading local market, what are the requirments and easy way to set up, thanks Lawyer:This is reference to your message below. I am Corporate Lawyer of SB Law. I was...

Client: Dear Sir/ Madam, Our company wants to send email and SMS to its patients (approx. 10,000 – 20,000 patients) to update or inform about FMP’s services.  Our concerns are (i) how to use email tool and SMS to communicate with your patients legally, and  (ii) legal exposures of not...

Question: We are consulting company for product certification in Korea. We are being asked for Cosmetic products registration in Vietnam from our customer. We want to discuss about this agenda including RP arrangement with you. Could you guide us on approximate Cost, Procedure and lead time? Answer:  I am Lawyer of...

If you would like to form software company formation in Vietnam, we are grateful to set our legal services proposal for your review and consideration as follows[...]

This is reference to our discussion today, from which we were requested to prepare mutual agreement between your Company and its business partner, wherein, your Company agree that it Business Partner can arrange its personnel to manage business operation of your Company for a specific period. You therefore seeks a...

We refer with thanks to your from which, you requested us to provide legal advice on amendment of Investment Certificate of your company (Hereinafter referred to as “Client”) to add new business line of implementation of import right and trading right against forklift truck (HS Code No. 84279000) and...

Question: We are a commercial foreign bank having branch in Vietnam and would like to seek a law firm in Vietnam, please advise this? Answer: Further to our discussion from which we were requested to provide legal retainer services to Commercial foreign Bank in Vietnam  (hereinafter referred to as “BANK”),...