Doing business in Vietnam

Investor: Respected Sir/Madam, I am a Hongkong citizen. I am looking to set up business under Sole Proprietorship with 100% own share in the field of restaurant. Can I do this type of business in Vietnam and what will be the capital requirements? Thanks and best regards. Lawyer of SBLAW:Under Vietnam Law,...

Question: We are a Mauritian based group and we are interested to explore business opportunities in Vietnam. We expect to travel to your country in January /February 2017. We are involved in tourism sector ( inbound tour operator specialized in Italian and French markets) , Event managements ( organization of,...

Question: Dear sir, I am managing to have a business in Vietnam, but I wonder which business structure should I choose? My budget fluctuates around 1 billion VND? Answer: SB Law appreciates your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: Before starting any...

Question: We are consulting and management company with offices in Paris, New York and London. We have a client, who is interested in opening of a new company in Vietnam, where shareholder will be Taiwan company. Could you please provide prices of your services in setting up a new company in Vietnam? Thank...

Q: Our company has already a factory in Vietnam and we have a small spare space. One another company wants to use the space after setting up a company. The factory owner already agree on that. The business item is mobile phone parts manufacturer. Is this feasible? A: It shall be only possible...

Question: I would like some advice about incorporating a business related to English language teaching. Although the business is largely online, it will also be operating in Vietnam, which is where both directors (UK and USA) currently live. I need your help in knowing where to incorporate e.g. in...

Under Vietnam Law, there is no specific legal instrument promulgating on use of personal data. However, this matter is mentioned in several law instruments of Vietnam like Vietnam Civil Code 2005 and law instruments regarding to electronic commerce and information technology. According to the Article No. 38 of Vietnam Civil...

Question: Are you able to incorporate a company for us? (ideally an Ltd, with one foreign shareholder and one foreign director) If so, tell me please how much time does it all takes, and what’s the total charge to it (your charges and all possible governmental charges) . Answer: Under Vietnam Law, during...

From 1st July 2015, the new Enterprise Law and Investment Law shall become effective. Under the current law, for setting up a foreign invested company, you shall need only Investment Certificate cum Certificate of Business Registration. However, from 1st July 2015, two above said Certificate shall be separated. Particularly, after obtainment of...

Question: What is the type of Tourism license a JV (Vietnamese company with foreign capital) can apply to: Domestic, Inbound, Outbound, all of these? Or is there any restrictions? I read somewhere that a JV can only organize domestic trips in Vietnam for foreigners who are inbound customers, but...