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Doing business in Vietnam

Establish a foreign invested Software Company in Hanoi

Question: We a leading software company in USA. We are interested to use your service to register a software technology company in Hanoi with the corporate secretary service. It would be great if you can provide us a good quotation. We want to have this company incorporated and open a bank...

Establishment of FDI company to carry out the E-commerce Services in Vietnam

SBLAW would like to provide some advice on establishment of Foreign Invested Company to carry out the E-commerce Services in Ho Chi Minh City, Vietnam (hereinafter referred to as the “NewCo”).   1.PRELIMINARILY COMMENTS OF SBLAW INVESTMENT REGISTRATION PROCEDURES   According to Investment Law 2014, an investment in the form of the establishment of...

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...

10 days before termination ATMS service providers must inform the locality state bank

On December 28, 2018, the State Bank of Vietnam issues the Circular No. 44/2018/TT-NHNN on amendments and supplements to certain articles of the Circular No. 36/2012/TT-NHNN dated December 28, 2012 of State Bank’s Governor prescribing installation, management, operation and maintenance of safety for operations of automated teller machines. - Within...

Ability and conditions of profit remittance applied for investment fund in accordance with Vietnamese laws

Question: Hi, I have a question: Can the investment fund remit the profit back to their foreign investors (subject to fulfilment of all tax obligations in Vietnam)? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: In terms...

Restriction on mobilization of capital applied for investment fund

Question: Respectfully to attorney, I have a question. Is there any restriction for an investment fund to receive the investment from foreign investors and Vietnamese investors as per Vietnamese laws? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you...

Restriction on investment portfolio of an investment fund with foreign capital

Question: Hi lawyer, I would like to have a question. Is there any investment restriction applicable to the investment activities of foreign invested fund in Vietnam, including through the Vietnamese securities market? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to...

Capital mobilization of investment fund as per Vietnamese laws

Question: Dear Lawyer, I am operating an investment fund in Vietnam. I am wondering which methods I could choose to call for investment in my fund? Thanks. Answer:  SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: In accordance with...

Establishment of investment fund in Vietnam

Question: Dear Attorney. May I have a question as follows: May foreign investor(s) establish an investment fund in Vietnam? If yes, (i) what is the possible form of that foreign invested fund, and (ii) what is the procedure to establish this fund? Answer: SB Law appreciate your interest in our...

Is it wise for the CEO of a company to also be Chairman of the Board?

Question: Hi, I have question: Is it wise for the CEO of a company to also be Chairman of the Board? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: Technically, CEO and Chairman are NOT compulsory to...