Doing business in Vietnam

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?

Question: We require a branch office to handle Quality control and all scheduling of customers orders. We do no shipments or import and export  and we are paid a fixed fee to our accounts overseas. Answer: We understood that you intend to setup an office in Ho Chi Minh City...

On January 16, 2017, the government has promulgated Decree 03/2017/NĐ – CP of casino business. This Decree deals with business, management of the business and administrative sanction in casino business in Vietnam. Decree 03/2017 will take effect from March 15, 2017. 1. Business principles Casino business is business lines subject to...

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...

Quetion: I am a US person living in Ho Chi Minh City since 2011, currently working on starting a home décor and clothing business. Part of this business is intended to be wholesale for the Swiss and European market and, for doing so, I’m setting up a company based in...

We would like to provide you with some information about conducting business in Vietnam as follows:

Client: I work as Business Development Manager at Ltd Co, international telecommunication service provider and operator with headquarters in London, UK. We are provider of variety of voice, sms and ussd based services around the world. Looking for telecommunication lawyers in Vietnam, I have found your contact info. We are...

On 15 January 2018, the Government promulgated Decree No. 09/2018/ND-CP detailing Law on Commerce and Law on Foreign Trade Management on activity of sale and purchase of goods and activities directly related to the sale and purchase of goods of foreign investors, economic organizations with foreign owned capital in...

I represent a Hong Kong-based charitable organization, We would like to understand our options for setting up a legal entity in Vietnam, based in Ho Chi Minh City. Can your team provide advice on our options and then establish and administer a Vietnamese company for us?