Doing business in Vietnam

Q: We are foreign investor and would like to set up wholly foreign owned company for trucking business, please advise the legal procedure and solution? We understand that your company intend to expand business operation into Vietnam Market through setting up wholly foreign owned company for trucking business. However, under Vietnam-WTO...

When foreign investor would like to Acquire equity of a pure local company in Vietnam, SBLAW would like to advise as follwos:

SBLaw would like to provide some information for setting up a representative office of foreign company in Vietnam (hereinafter referred to as “Company”) as follows:

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...

On June 11th, 2021, the Ministry of Industry and Trade issued Circular 02/2021/TT-BCT on the Rules of Origin of goods in the UKVFTA Agreement. Accordingly, in order to receive tariff preferences under UKVFTA, certificate of origin must be submitted to the Vietnamese customs authority within 2 years from the time...

SBLAW would like to provide you the legal service for domain name registration in Vietnam as follows: 1. Fee schedule - Fee for registering domain name .vn (USD80 per name ) - Fee for registering domain name .com (USD70 per name)   2. Time line Normally, the registration proceeding will be completed in 15 days. 3....

QUESTION: Since forming the new company in Vietnam, how to prove the invested capital and how to use them since no need to mark actual deposit to the bank account?

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,...

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...

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.