Doing business in Vietnam

Foreign investor: Can foreign investor set up company nominee? Lawyer: It is possible for setting up such company under the name of a Vietnamese Partner. However, please note that you should carefully study potential risk of this form as Vietnam Law does not recognize nominee structure. In the worst case, foreign investor...

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,

SBLAW understands that you requested us to provide legal retainer services and other legal consultation services such as contract review, product registration etc. to foreign invested company in Vietnam (hereinafter referred to as “Client”) in Vietnam.

Question: As we are planning to source more products from Vietnam, we need to build up a local team that can work with 3rd party suppliers to ensure product quality and timely shipment. The initial thinking is that we want to setup a new entity in Vietnam near the Hochiminh...

It is our understanding that your company– a company duly established and operating under the law of Singapore intends to set up a wholly foreign invested company in Hanoi for leasing and distributing tablend products in Vietnam.

SB Law would like to provide our legal advice on establishment of MLM Company in Vietnam as follows:

Q: Do you think there will be a chance that foreign ownership restriction in the transportation sector might be loosened at least towards investors from ASEAN countries following AEC integration? A: According to my opinion, AEC shall not help much in this case. Purpose of AEC is to create an...

Entrepreneurs wish to incorporate and register a new firm in Vietnam, SBLAW would like to provide some information about Forms of ownership of a small business in Vietnam as follows:

This is reference to the conservation from which, we understand that your company (hereinafter referred to as “Client”) is now seeking legal supports in assigning capital contribution to a foreign investor. We further understand that after assignment of capital contribution, Client shall focus on distribution of construction materials. We therefore are...

QUESTION: Since forming the new company in Vietnam, how to prove the invested capital and how to use them since no need to mark actual deposit to the bank account?