Doing business in Vietnam

Since its establishment, SBLaw has been an important partner in the banking industries, serving many banking and non-banking credit institutions in Vietnam. Our highly skilled and experienced [...]

In order to assist foreign investors (hereinafter referred to as “Client”) to establish 100% foreign owned enterprise with the business function of construction consultancy (including designing and supervising consultancy) in Vietnam, SBLAW (hereinafter referred to as “Consultant”) would like to provide the Client with such services.

Question: I have some questions relating to our representative office in Ho Chi Minh City, Vietnam. 1.       How much the cost to close the representative office ? 2.       Can we leave Rep Office dormant…if so, at what cost...? 3.       Can we re-open the entity at our discretion as some point in the future….if so at...

We would like to provide you with some information about conducting business in Vietnam as follows:

(a) Export processing enterprise means an enterprise that is established and operates in an export processing zone or exports all its products and operates in an industrial zone or economic zone.

Tax audits are carried out regularly and often cover a number of tax years. Prior to an audit, the tax authorities send the taxpayer a written notice indicating the time and scope of the audit inspection.

This is reference to your email from which, we understand that foreign company (hereinafter referred to as “Client”) is now seeking legal advices for establishment of a Foreign Invested Company (hereinafter referred to as “FIC”) for software production in Vietnam. We thereforeare grateful to present you our Legal Services...

Answer: Under Vietnam WTO Commitment, foreign investor is allowed to joint venture with a local company who has been licensed to provide advertisement services in Vietnam.

Q: Can I check with you, for Representative Office in Vietnam, can I put PTE LTD or LTD or can not at all? A: Regarding the name of Representative Office in Vietnam, it should be followed the following format: THE REPRESENTATIVE OFFICE OF in Therefore, your representative office will be: THE...

Question: As we are planning to source more products from Vietnam, we need to build up a local team that can work with 3rd party suppliers to ensure product quality and timely shipment. The initial thinking is that we want to setup a new entity in Vietnam near the Hochiminh...