Doing business in Vietnam

Question: We are 100% owned foreign company and are seeking legal advices for closing its Branch Office in Hanoi, can SBLAW provide the legal service for this service? Answer: We understand that your company, (hereinafter referred to as “Client”) is now seeking legal advices for closing its Branch Office in...

In order to set up representative office in Hochiminh City, Vietnam, the required legal documents are as follows:

We are considering now to establish a foreign owned instead of local entity company as Paypal. Can you please advise the procedure and documents needed to submit. Answer: For obtain license to act as Paypal, the minimum investment capital that you have to contribute in Vietnam is 2,500,000USD. After obtaining the Investment...

To implement the plan of business expansion in Vietnam, foreign invested company (FIC) has to amend of its Investment Certificate in Vietnam authority[...]

Question: Is the Representative Office (RO) a kind of legal entity ? What is main function of the Representative Office (RO)? Could you please also let us know the fees and requirements to set up the RO?

SBLaw will support Client in drafting the Loan Contract which will be signed between a Vietnamese individual or the Company and a foreign individual with the object of this contract is foreign currency.

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...

A representative office of foreign education institution in Vietnam is a dependent unit of a foreign educational institution or organization, established and operating in Vietnam in order to promote and develop cooperation and investment in education in accordance with the laws of Vietnam. Accordingly, in order to be established...

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.[...]

SBLAW would like to provide our legal advice on establishment of foreign invested company which provides dental clinic services in Ho Chi Minh City, Vietnam as follows: I. BRIEF SUMMARY OF BACKGROUND It is our understanding that you intend to set up a foreign-owned company (NewCo) in Vietnam for carrying business activities...