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Doing business in Vietnam

Opening of Rep Office in Ho Chi Minh

Opening of Rep Office in Ho Chi Minh

Investor: We are American corporation providing Immigration Services. As far as I can see on your website, we can open Rep Office in Ho Chi Minh and offer our services with one limitation - that the client have to pay to USA. Is that correct? Do we have to hire local...

Incorporate a company in Vietnam

Question: Are you able to incorporate a company for us? (ideally an Ltd, with one foreign shareholder and one foreign director) If so, tell me please how much time does it all takes, and what’s the total charge to it (your charges and all possible governmental charges) . Answer: Under Vietnam Law, during...
Setting up company in Viet Nam

(Q&A) Setting up company in Viet Nam inquiry

Q: Our company is interested in starting up a trading export company in Viet Nam. We want to know roughly how much and how long does it take to set up a company there and which is the easier/cheaper way to do it (100% foreign investment for a pty...
Legal Consultancy for Japanese investors in Viet Nam

Adjust Investment Certificate of Foreign Invested Company in Vietnam

In order to do business in Vietnam, the foreign investor has to obtain the Investment Certificate to set up a company in Vietnam[...]

Regulations on submission of Certificate of Origin under UKVFTA

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...

Dissolution of Vietnamese subsidiary

Question: I write to you to inquire for your services regarding liquidation and dissolution of companies, after having read a thorough article on your corporate website. The Board of our group of companies is currently considering the closing down of the Vietnamese subsidiary, as its commercial launch has revealed to be...

FINTECH COMPANY IN VIETNAM

Question: Dear sirs, warm greetings! I am helping my friends (individual fintech investors) to setup a legal entity in Vietnam. The business is about online microlending. Something similar to Cashwagon and Tima.vn. I couldn't find enough details about such type of activity in SBV's knowledge base or elsewhere. Do you have...
Representative office in Vietnam

Q&A: Can a Representative office in Vietnam open a bank account?

Q: Can a Representive Office open a bank account? If there any amount that need to maintain? A: Yes, the Representative office (R.O) can open bank account, that account is to receive expense from parent comapny only. No need to have any amount to maintain R.O ammount,
Increasing of charter capital of Joint Stock company in Vietnam

Increasing of charter capital of Joint Stock company in Vietnam

If this joint stock company was established more than 03 years up to now, then any changing relating to its founded-shareholders; shares transfer among founded-shareholders or other person, etc must be declared and recorded in the Shareholder Registration Book of this Company only, without notification to pronvicial Department of...
change head office’s address of Investment Certificate.

Legal service for changing head office’s address of company.

In case the foreign company intends to change head office’s address of Investment Certificate. SBLaw would like to advise as follows[...]