Doing business in Vietnam

Question: I would like to set up warehouse services company in Hanoi I would like to know the process ie what type of license and cost of the licenses. Answer: In Vietnam, regarding to logistic services, you can setup 100% foreign owned company for providing (i) Warehouse services; (ii) Transportation Agency Service....

SBLAW would like to provide you some information on setting up wholly foreign invested company (Hereinafter referred to as “FIC”) for conducting import and export agricultural products in Ho Chi Minh City as follows: 1. General Comments The establishment of a FIC in Vietnam requires an Investment Certificate from the licensing...

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...

Under Vietnam Law, foreign enterprise can setup a branch office for conducting business activities in Vietnam. However, in practice, possibility for setting up a branch office of a foreign trading company in Vietnam is very low. Generally, upon submission of application dossier for setting up branch office in Vietnam, the competent...

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...

Question: We would like to set up Foreign Invested Company in the field of cloths and fashion in Vietnam. Please quote. Answer: We understand that Client is now seeking legal advices for establishment of Foreign Invested Company in the field of cloths and fashion in Vietnam (hereinafter referred to as “FIC”)....

We understand that a Vietnam company - local company (hereinafter referred to as “Client”) is now seeking legal supports in transferring 90% equity of this Company Limited to a Thailand Investor. We therefore are grateful to present you our Legal Services Proposal for your review and consideration. Under Vietnam Law, in...

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,

Client: Dear Sir/ Madam, Our company wants to send email and SMS to its patients (approx. 10,000 – 20,000 patients) to update or inform about FMP’s services.  Our concerns are (i) how to use email tool and SMS to communicate with your patients legally, and  (ii) legal exposures of not...

Question: I would like to know how much it would cost to open and close the representative office in HCMC, Vietnam. I need to gather all information for my management to make decision. Answer: This is reference to your email below. Our professional fee for opening/closing a representative office in Vietnam...