Doing business in Vietnam

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.

SBLaw would like to provide legal advices regarding to obtainment of Investment Certificate to establish a foreign wholly invested company in Vietnam as follows:

Under the Degree No. 25/2011/ND-CP dated 06 April 2011 of Vietnam Government detailing and guiding the implementation of a number of articles of the telecommunication law, Voice Call and SMS Messaging Service are classified to basic telecommunication services.

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,

Supplementation of business activities and investment objective is considered as expansion of investment project. According to our practical experience, in case the Foreign Owned Company would like to expand scope of business activities, particularly, the approval shall very much depend on following factors: Audited Income Statement of the Client in...

Question: I'm a foreigner living in Thailand and my partner is Vietnamese living in Ho Chi Minh City, Vietnam. We are creating a company that provides web development via online e-commerce websites. Our plan is to establish a VN company as we will be hiring additional programmers later in Vietnam. What would...

After obtaining the Establishment License for the Representative Office (RO), RO needs to implement the post-licensing procedure as follows[...]

This is with regards to the conservation from which you requested to advice on possibilities of setting up a joint venture company for providing IT Solution and Software Services (hereinafter referred to as “FIC”) in Hanoi, Vietnam. Therefore, we are grateful to set our legal services proposal for your review...

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...

Client: Hello there, I have read about how to open a tour company (an inbound one) from your web-site, now i have this question in my mind. I expect you, as a professional law firm, to inform me about the following please: 1) how much does it cost to get the related...