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Doing business in Vietnam

Is it wise for the CEO of a company to also be Chairman of the Board?

Question: Hi, I have question: Is it wise for the CEO of a company to also be Chairman of the Board? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: Technically, CEO and Chairman are NOT compulsory to...

Update of the new policy regarding to Payment Intermediary Service

SBLAW would like to update the new policy regarding to Payment Intermediary Service in Vietnam as follow: + Up to now, there are 25 enterprises granted License for providing Intermediate Payment Service. However, after conducting a comprehensive survey, SBV found that not many of them can totally rely on Intermediate Payment...
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New regulation for foreign investor in Vietnam

From 1st July 2015, the new Enterprise Law and Investment Law shall become effective. Under the current law, for setting up a foreign invested company, you shall need only Investment Certificate cum Certificate of Business Registration. However, from 1st July 2015, two above said Certificate shall be separated. Particularly, after obtainment of...
How to set up entity in foreign country for Vietnamese company?

How to set up entity in foreign country for Vietnamese company?

Q: We are Vietnamese company and would like to know the legal procedure to set up company in foreign country? A: SBLAW would like to advise as follows: With regard to setting up company in foreign country, actually, you has to register the investment project to the licensing authority of Ministry...

Establishment of domestic company Service

This is reference to your requirement, from which, we understand that currently you (hereinafter referred to as “Client”) is looking for a professional law firm to establish domestic company. Therefore, we are grateful to set our legal services proposal for your review and consideration as follows: Scope of...

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Vietnamese people is allowed to play casino in accordance with the new Decree

On January 16, 2017, the government has promulgated Decree 03/2017/NĐ – CP of casino business. This Decree deals with business, management of the business and administrative sanction in casino business in Vietnam. Decree 03/2017 will take effect from March 15, 2017. 1. Business principles Casino business is business lines subject to...

Special notes of resale of telecommunication services for FDI company in Vietnam

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...

Investment Certificate for Foreign Invested Company in Vietnam

SBLaw would like to provide legal advices regarding to obtainment of Investment Certificate to establish a foreign wholly invested company in Vietnam as follows:

An introduction to regulations on Enterprise Registration

On January 4th 2021, The Government issued Decree 01/2021/NĐ-CP on Enterprise Registration. Enterprise Registration Dossier Language: Vietnamese In case the dossier contains documents in a foreign language, the dossier must have a notarized Vietnamese translation enclosed with the foreign language document. Personal legal papers: - Vietnamese citizen: Valid Vietnamese citizen Identification card or...