Doing business in Vietnam

Question: May I know which taxation needs to be declared if establish a RO  in Vietnam. Your help will be much grateful. Thank you. Answer: Under Vietnam Law, a representative office does not involve with business activities for purpose of making profit. Then, except for declaration of personal income tax for...

Question: We are FDI company in Vietnam and would like to amend Investment Registration Certificate (“IRC”) and Enterprise Registration Certificate (“ERC’’) in order to reflect supplementing business line of non-life insurance, please advise? Answer: We refer with thanks to your call from which we were requested to assist you regarding amendment of...

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...

Question: On behalf of my boss, he would like to set-up a small 'Food' business in Vietnam. Is there anyway you could provide him with more details as in, the charges, steps, procedure, etc. Answer: I would like to refer you to the meeting from which we discussed on possibilities on setting...

Question: We are interested in establishing of the representative office of our company in Hanoi. My boss has two companies, one is registered in Thailand, the other is registered in Republic of Seychelles, so he wants to know more about the details about setting up a representative office. 1. what kind...

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...

Question: I am writing to you on behalf foreign company based in USA, we are interested in investment in Vietnam and we already found an local company(registered in HCMC), we have negotiate with the owner and want to buy over the 100% share from 2 local shareholders, the company...

Question: We are IT company from USA and would like to set up representative office and preparation of contracts in Vietnam, please advise this. Answer: This is reference to our conservation held in Ho Chi Minh Office from which, we understand that your company (hereinafter referred to as “Client”) is...

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...

Question: Our company want to employ one people in Vietnam for liaison/ seeking business opportunity. Is it necessary for us to set up a RO for this purpose? What are the details we need to beware if we need to set up a RO/hiring people(i.e. employment contract(MOLISA), tax issues (Personal Income...