Doing business in Vietnam

The professional performance and services provided by SBLAW has been highly appreciated by both local and international clients.

Question:  We are essentially looking to enter Vietnam to offer retail banking services. We haven't yet decided on the entry mode and are open to all possible options ranging from 100% foreign owned bank, joint-venture bank or a foreign bank branch. We are not really sure on pros and...

Q: How's the procedure or process to apply as a register I.T company, computer or apps company? What type of document do I need to prepare? Do Ho Chi Minh have different between license or register company? A: According to Vietnam Law on Investment and Vietnam WTO’s Commitments, it is possible...

In case foreign investor (Client) is willing to engage a law firm on advices regarding obtaining Investment Certificate to form a wholly foreign invested company in Vietnam, SBLaw is qualified for above mentioned requirements and is willing to advice Client regarding above said requests[...]

Under Vietnam Law, foreign investor is allowed to setup the Foreign Invested Company (FIC) in Vietnam for conducting business activities for profit making purpose[...]

It is our understanding that your Company is in need of consulting and supporting for procedures of branch establishment in Hanoi for business and initial tax declaration for branch, SBLaw has sufficient capacity to provide to your Company the consulting services and support as above. [...]

In case that foreign investors want to bring the investment capital or benefit of the investment out of Vietnam, it is highly recommended that the cash flow should be sent from abroad to a Vietnam Company’s account.

Question: I want to set-up a foreign-invested company which conducts real-estate management services in Hanoi, Vietnam. Please quote. Answer: We refer with thanks to your conversation from which we were requested to advice on establishment of foreign invested enterprise in Hanoi, Vietnam (hereinafter referred to as the “NewCo”). This NewCo shall...

Question: I have some questions relating to our representative office in Ho Chi Minh City, Vietnam. 1.       How much the cost to close the representative office ? 2.       Can we leave Rep Office dormant…if so, at what cost...? 3.       Can we re-open the entity at our discretion as some point in the future….if so at...

1.The establishment of a Foreign invested company (FIC) including Joint Venture Company in Vietnam requires an Investment Certificate from the licensing authority.