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Doing business in Vietnam

ESTABLISHMENT OF A VIETNAMESE COMPANY

The establishment of a domestic owned Company in Vietnam requires a Certificate of business registration from the licensing authority.

Representative office issues

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...

Enquiries about doing business in Vietnam

Question: My company in this right moment his looking for new opportunities for investment. Already present in south america and African markets, were looking for an opportunity in South East asia and we decided to initiate our next stage in Vietnam. At that time I would like to meet with...

Limited-Liability Company Registration in Vietnam

SBLaw would like to provide you the legal procedure for Vietnam Limited-liability company registration as follows:

Change structure from a representative office to a wholly foreign owned Vietnamese company

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...
Legal advices for closing its Branch Office in Hanoi

Legal advices for closing its Branch Office in Hanoi

Question: We are 100% owned foreign company and are seeking legal advices for closing its Branch Office in Hanoi, can SBLAW provide the legal service for this service? Answer: We understand that your company, (hereinafter referred to as “Client”) is now seeking legal advices for closing its Branch Office in...

Vietnam Business Registration for Company

SBLaw would like to provide some useful information about Business registration for exportation of furniture in Vietnam as follows: 1. VIETNAM BUSINESS REGISTRATION The establishment of the foreign invested company (FIC) requires an Investment Certificate from the licensing authority. Depending upon the location of FIC, the licensing authority may be the Provincial People’s...

Foreign Owned Formation Company as Paypal in Vietnam

We are considering now to establish a foreign owned instead of local entity company as Paypal. Can you please advise the procedure and documents needed to submit. Answer: For obtain license to act as Paypal, the minimum investment capital that you have to contribute in Vietnam is 2,500,000USD. After obtaining the Investment...
Representative office in Vietnam

Note on Post-licensing procedures for Representative office in Vietnam

After receiving License for Representative office in Vietnam, regarding the post-licensing procedures, SBLAW advises as follows: 1) Implement the Initial Personal Income Tax Procedure regarding the all of employees who are working for the Rep Office. Please kindly let your Internal Accountant or External Accounting Agency contacted with the Division of...

Vietnam Company Registration

Client: We are a commodity trading company based in Singapore. We are planning to open up a subsidiary in Vietnam. We do agriculture commodities such as: cashew nuts, soybeans, corns, sesame, mungbeans, groundnuts. We plan to set up in Ho Chi Minh. Please inform the necessary requirements , services provided along with...