Doing business in Vietnam

SBLAW would like to provide you some information on setting up wholly foreign invested company (Hereinafter referred to as “FIC”) for conducting import and export agricultural products in Ho Chi Minh City as follows: 1. General Comments The establishment of a FIC in Vietnam requires an Investment Certificate from the licensing...

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...

Under Vietnam Law, foreign company can also establish the Branch Office to carry out business activities in Vietnam. However, this form is not very popular in practice except for branch office of foreign law firms, foreign bank and insurance company. With respect to the foreign trade companies and foreign tourist companies,...

Decree No. 89/2016/ND-CP on requirements applicable to business entities acting as currency exchange agents or providing foreign currency receipt and payment services is issued by the Government on July 01, 2015. Accordingly,  a  business  entity  is  entitled  to  act  as  a currency exchange agent only after it is issued with...

Investor:Good Morning, I would like to find out more about your Representative Office / Company Formation Services We are looking for a law firm we can refer our clients to. In addition any clients you refer to us for office space in Ho Chi Minh for their representative office. Best Regards Lawyer:This...

Question: I am Associate at consulting company, a global strategy management consulting firm. I am writing to you to enquire about your services to understand the regulations on online Higher Education in Vietnam. We’re looking for information with sources on specific laws and regulations in Vietnam to answer the questions. This...

In Vietnam, Foreign Invested Company (FIC) can be divided into two following forms: (i) Wholly Foreign Owned Company wherein Foreign Investors shall own 100% capital of the Company and (ii) Joint Venture Company wherein Foreign Investor shall jointly setup company with at least one local partner. Generally, foreign investor is...

SBLaw will support Client in drafting the Loan Contract which will be signed between a Vietnamese individual or the Company and a foreign individual with the object of this contract is foreign currency.

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...

Question: We're are MLM company in USA and we would like to know if you are able to apply MLM license in vietnam. Please advise this. Answer: Thank you for your interest in SBLaw's services. I am lawyer, who was trusted to provide legal advice to you. By this letter, we would...