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Doing business in Vietnam

Choosing business structure

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...

Transfering the common shares to the co-founder.

According to paragraph 5 of Article 84 of the Law on Enterprises "Within three years from the date of the certificate of business registration, a founding shareholder has the right to freely transfer its common shares to shareholders other up, but they can transfers.[...]

Legal supports in transferring 90% equity of local Company to a Thailand Investor

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...

Company formation

Question: I'm a foreigner living in Thailand and my partner is Vietnamese living in Ho Chi Minh City, Vietnam. We are creating a company that provides web development via online e-commerce websites. Our plan is to establish a VN company as we will be hiring additional programmers later in Vietnam. What would...

Closing Representative office in Vietnam

Client is now seeking legal advices for closing Representative Office in Hanoi, Vietnam (hereinafter referred to as “R.O”). We therefore are grateful to present you our Legal Services Proposal for your review and consideration. 1. PROCEDURES FOR CLOSING RO  Under the Vietnam’s Decree No. 72/2006/ND-CP of the Government stipulating details...

Vietnamese Company incorporation

Question: We are a firm of corporate providers in Singapore. One of our client has contacted us with the idea of incorporating a company in Vietnam. The idea is to import meat sub-products (pork tails, legs,etc) from France to Vietnamese markets. Currently they are working with intermediary in Vietnam. Could you, please,...

The Legal 500 recommends SBLAW in the areas of Corporate and M&A

Lawyer Nguyen Tien Hoa, partner of SBLAW is recommended in The Asia Pacific Legal 500 2015 editoria in the areas of Corporate and M&A.
Post-licensing procedure for Representative office in Vietnam

Post-licensing procedure for Representative office in Vietnam

Question: Our company opened representative office in Vietnam, could SBLAW send us the quotation for these services of post-licensing procedure? Answen: Regarding your request, S&B Law hereby would like to charge 200USD (exclusive of 10% VAT) for covering the following tasks: 1) Declaration on Initial Personal Income Tax Procedure; 2) Registration of...
Foreign ownership

Q&A: Foreign ownership restriction in the transportation sector might be loosened

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...

Closing of representative office in Vietnam

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...