Doing business in Vietnam

Investor: We are currently looking into changing our structure from a rep office to a wholly foreign owned  Vietnamese company. Can you run me through step by step what needs to happen if we decide to proceed. I thought you would be the right person to know. Lawyer of SBLAW:Thank...

This is reference to your emails from which, we understand that your company (hereinafter referred to as “Client”) would like us to issue a legal opinion on whether a Vietnamese Citizen is under the status of individual bankruptcy and whether he has the powers and authority to execute an...

Question: Our company want to employ one people in Vietnam for liaison/ seeking business opportunity. Is it necessary for us to set up a RO for this purpose? What are the details we need to beware if we need to set up a RO/hiring people(i.e. employment contract(MOLISA), tax issues (Personal Income...

Question: We are looking for as professional law firm in Vietnam. So, let me explain our scope of work, we would like to invest in solar farm business in Vietnam as investor. So, we need the law firm who has high potential and can give us the overview of...

Client: Dear SB Law, We are a foreign-owned automobile manufacturing company, which established in 1993 in Vietnam. Now, we would like to (i) re-register our company to operate in line with new Laws on enterprises and investment of Vietnam; (ii) expend the current business scope; (iii) extend the term of its...

SBLaw is grateful to set our legal services proposal for setting up a foreign invested company of e-commerce portal in Vietnam for your review and consideration as follows:

A representative office of foreign education institution in Vietnam is a dependent unit of a foreign educational institution or organization, established and operating in Vietnam in order to promote and develop cooperation and investment in education in accordance with the laws of Vietnam. Accordingly, in order to be established...

This is with regards to the conservation from which you requested to advice on possibilities of setting up a joint venture company for providing IT Solution and Software Services (hereinafter referred to as “FIC”) in Hanoi, Vietnam. Therefore, we are grateful to set our legal services proposal for your review...

Q: Can a Representive Office open a bank account? If there any amount that need to maintain? A: Yes, the Representative office (R.O) can open bank account, that account is to receive expense from parent comapny only. No need to have any amount to maintain R.O ammount,

Q: Do you think there will be a chance that foreign ownership restriction in the transportation sector might be loosened at least towards investors from ASEAN countries following AEC integration? A: According to my opinion, AEC shall not help much in this case. Purpose of AEC is to create an...