Doing business in Vietnam

Question: We want to set up joint venture company which is owned by Singapore Logistic Co., Ltd and a Vietnamese Partner in Binh Duong Province. Upon establishment, our company shall carry out business activities in the field of: (i) Transportation Agency; (ii) Warehouse Service; (iii) Forwarding Service; (iv) Loading Services;...

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...

Question: We are FDI company in Vietnam and would like to amend Investment Registration Certificate (“IRC”) and Enterprise Registration Certificate (“ERC’’) in order to reflect supplementing business line of non-life insurance, please advise? Answer: We refer with thanks to your call from which we were requested to assist you regarding amendment of...

According to the Article No. 12 of Decree No. 25/2011/ND-CP of the Government dated April 6th, 2011 on detailing and guiding some articles of Telecommunication Law, before the resale of fixed telecommunication services to users in a location that have specified address and ranges for which the legal usage...

It is our understanding that your company– a company duly established and operating under the law of Singapore intends to set up a wholly foreign invested company in Hanoi for leasing and distributing tablend products in Vietnam.

We understand that your company (hereinafter referred to as “Client”) is now seeking legal advices for establishment of Representative Office in Vietnam (hereinafter referred to as “R.O”). We therefore are grateful to present you our Legal Services Proposal for your review and consideration. 1. Scope of works of sblaw Following works are...

Client: We will like to set up a 100% owned branch office in Vietnam to conduct our business locally. Is this possible? What is the requirement of local directors, restriction on trade activities of foreign owned branch offices and the tax payable? Lawyer: This is reference to your email below. I...

Question: We are foreign invested company and established on 2011, we were granted the certificate of Investment registration, now, we would like to amend the content of this document, but in new law, they mentioned the Certificate of enterprise registration, what is the difference between them? Answer: In November 2014,...

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.

Question: May I know which taxation needs to be declared if establish a RO  in Vietnam. Your help will be much grateful. Thank you. Answer: Under Vietnam Law, a representative office does not involve with business activities for purpose of making profit. Then, except for declaration of personal income tax for...