Doing business in Vietnam

Tax audits are carried out regularly and often cover a number of tax years. Prior to an audit, the tax authorities send the taxpayer a written notice indicating the time and scope of the audit inspection.

Investor: We have a two 100% owned foreign companies in Hanoi and HCMC. Currently these 2 companies are ‘dormant’ in their activities. We have a local Vietnam individual who intend to buy over the companies and intend to convert it to a local entity. We require lawyers in hcmc and Hanoi...

In order to assist foreign investor (hereinafter referred to as “Client”) to establish 100% foreign owned enterprise with the business function of construction consultancy (including designing and supervising consultancy) in Vietnam, SBLaw (hereinafter referred to as “Consultant”) would like to provide the Client with such services.

Client: I order your farm about my needs.   Needs   Establish local company by Vietnamese   About business license  1.Import cosmetic goods  2.Sell cosmetic goods at shop and human in Vietnam  3.Product cosmetic  4.Bottling cosmetic goods  5.Set up factory and get lisence  6.Operate beauty organization like school  7.Educate staff about beauty fields at like school(education service)  8.Send beauty care staff to shop...

Question: I want to set-up a foreign-invested company which conducts real-estate management services in Hanoi, Vietnam. Please quote. Answer: We refer with thanks to your conversation from which we were requested to advice on establishment of foreign invested enterprise in Hanoi, Vietnam (hereinafter referred to as the “NewCo”). This NewCo shall...

SB Law would like to share information foreign investor should be aware of when running a company in Vietnam, under Q&A as follows:   1/ What would be the best legal entity?   Among the most common and available investment vehicles to foreign investors including "company limited", "joint-stock company (shareholding company)", "business-cooperation contract",...

Question: I have lived in France for many years. Knowing that there is very high demand on  supplement & healthcare products (like omega 3, calcium, etc.) and baby products in Vietnam. I want to sell them in this market. I would be grateful if you can help me out with...

We understand that you would like us to advise on establishment of a Joint Stock Company in which 49% is owned by local partner and 51% is owned by foreign investor (hereinafter referred to as “FIC’) in Hanoi, Vietnam. We further understand that upon establishment, the FIC shall export agricultural...

Decree No. 89/2016/ND-CP on requirements applicable to business entities acting as currency exchange agents or providing foreign currency receipt and payment services is issued by the Government on July 01, 2015. Accordingly,  a  business  entity  is  entitled  to  act  as  a currency exchange agent only after it is issued with...

Investor: I am in Singapore wishes to start small scale garment business in Vietnam. Please advise me to register the company and other proecedures? Lawyer of SBLAW:This is reference to your email below. I am Corporate Lawyer of SB Law. I was entrusted to advise you for starting business in Vietnam. From...