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Doing business in Vietnam

MLM business in Vietnam

Client: Dear Sir, I am working in MLM company. I would like to get advice from u regarding the MLM business in Vietnam. Could u please tell me the step of obtaining MLM license? Also regulation under VN MLM business?   Lawyer: We refer to your emails from which, you requested...

Setting up factory in Vietnam

Question: To set up a foreign factory, what should I prepare? Answer:  Under Vietnam Law, for setting up a foreign owned factory, you shall be required to prepare an investment proposal for long term or medium term, in which you shall have to define location, productivity, investment capital, estimated turnover, profit...

Legal service for formation and operating company in Vietnam

SBLAW assisted a large number of Clients in forming and operating foreign owned companies in Vietnam including but not limited to IBM, ICBC[...]

Set up a representative office

Here is Tony of Frame Children Products, a Boston based company specialize for baby & kids furniture. To scope for business development, we are considering to set up a representative office seriously in Vietnam

Closing of representative office in Vietnam

Question: We would like to close of representative office in Hanoi, Vietnam. Please quote. Answer: We understand that you are seeking legal advice on closing of representative office of foreign trader in Hanoi City (hereinafter referred to as the “R.O”). We therefore are grateful to present you our Legal Services Proposal for...

Establishment of foreign language centers Service

We understand that you are seeking legal assistance on establishment of foreign language centers. We therefore are grateful to present you our Legal Services Proposal for your review and consideration. I. Our comments: To establish and obtain operating license for foreign language centers, it requires: Condition for enterprise: The registered business line...

Setting up a foreign owned distribution company

Question: I would like to enquire about setting up a foreign owned distribution company in Vietnam ((distribution of tyres). What are the costs like and is there a minimum paid up capital amount. Answer: I am Lawyer of SB Law. I was entrusted to provide you legal advice regarding to setting...

Software development service in Vietnam

Question: We are FDI company and would like to design and supply a mobile application for telecommunication operators in Vietnam so that we can distribute value added services to their end users, please confirm whether this service is software development service under Vietnamese law? Answer: We understand that your company...

Requirements applicable to business entities acting as currency exchange agents

Decree No. 89/2016/ND-CP on requirements applicable to business entities acting as currency exchange agents or providing foreign currency receipt and payment services is issued by the Government on July 01, 2015. Accordingly,  a  business  entity  is  entitled  to  act  as  a currency exchange agent only after it is issued with...

Legal documents to set up a new company in Viet Nam

In order to form a company in Vietnam (NewCo), the foreign investor have to prepare the following documents[...]