Doing business in Vietnam

Vietnam Government classifies Multi Model Transportation Service into two forms: - Internal Multi Model Transportation Service - International Multi Model Transportation Service Under the Decree No. 87/2009/ND-CP of the Government, for providing International or Internal Multi Model Transportation Service, the Enterprise must satisfy following conditions: - Having assets or capital equal to 80,000SDR. It also...

We understand that your Korean company is now considering setting up foreign invested company in Vietnam for: (i) Conduct research and development of software. (ii) Manufacturing software or developing software Under Vietnam Law, companies manufacturing software or providing software services shall be entitled to tax incentive. Accordingly, such company can enjoy Corporate...

SBLAW would like to provide the foreign investor some information about establishment of representative office (RO) in HoChiMinh City, Vietnam as follows:

Client: Logistic company, is transportation road, we distributing with truck and the goods is coal, from Cambodia to Vietnam. Please advise if that possible 100% investment foreign company. Lawyer: We understand that you would like to setup 100% owned company for providing road transportation logistics service in Vietnam. In order to provide...

Foreign investor: Can foreign investor set up company nominee? Lawyer: It is possible for setting up such company under the name of a Vietnamese Partner. However, please note that you should carefully study potential risk of this form as Vietnam Law does not recognize nominee structure. In the worst case, foreign investor...

Having known that foreign investor (hereinafter referred to as “The Client”) is planning to develop the project of distributing cosmetic products and wishes to engage a Vietnamese law firm to perform all relevant procedures for setting up 100% foreign owned company with business function of distributing such cosmetic products,

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...

I represent a Hong Kong-based charitable organization, We would like to understand our options for setting up a legal entity in Vietnam, based in Ho Chi Minh City. Can your team provide advice on our options and then establish and administer a Vietnamese company for us?

This is further our discussion held at our Hanoi Office from which you requested us to assist in setting up foreign invested company, (hereinafter referred to as “FIC”) in Phu Tho Province. Upon establishment, the FIC shall engage with manufacture of knives for machines or for machine appliances. Thus, we...

According to paragraph 5 of Article 84 of the Law on Enterprises "Within three years from the date of the certificate of business registration, a founding shareholder has the right to freely transfer its common shares to shareholders other up, but they can transfers.[...]