Doing business in Vietnam

We refer with thanks to your email from which we were requested to advice on possibilities of setting up a wholly foreign invested company (hereinafter referred to as “FIC”) for web and software development, design in Hanoi, Vietnam.  Therefore, we are grateful to set our legal services proposal for...

Client: We will like to set up a 100% owned branch office in Vietnam to conduct our business locally. Is this possible? What is the requirement of local directors, restriction on trade activities of foreign owned branch offices and the tax payable? Lawyer: This is reference to your email below. I...

On December 28, 2018, the State Bank of Vietnam issues the Circular No. 44/2018/TT-NHNN on amendments and supplements to certain articles of the Circular No. 36/2012/TT-NHNN dated December 28, 2012 of State Bank’s Governor prescribing installation, management, operation and maintenance of safety for operations of automated teller machines. - Within...

In case a Foreign Invested Company (“FIC”) would like to change of its owner and Legal Representative (“FIC”) with Vietnam Competent Authorities, We, therefore, are grateful to present our legal service proposal for client’s review and consideration.

We are considering now to establish a foreign owned instead of local entity company as Paypal. Can you please advise the procedure and documents needed to submit. Answer: For obtain license to act as Paypal, the minimum investment capital that you have to contribute in Vietnam is 2,500,000USD. After obtaining the Investment...

Question: I wish to set up a Vietnam company and I have the following concerns: Once the company is registered in the registrar, whether the individual directors and shareholders’identity will become public information that can be searched by anyone globally. Whether it is mandatory for a Vietnamese company to...

SBLAW would like to note that an important matter of representative office (R.O) in Vietnam is Personal Income Tax of Employees working for R.O.

With regard to the business line of architecture, according to the commitment of Vietnam to WTO, foreign investor can set up a 100% foreign owned company with detail business lines stated in the CPC 8671

Foreign investor: Dear sir, We are limited company from hongkong and are looking setup my fifth office in Vietnam We already have office in hongkong ,guanghzou.yiwu and qindao We need to ask some information from you to setup trading or service office or representative office first time cost of setup company auditing cost...

This is reference to our discussion from which, we understand that you would like us to advise on establishment of 100% Foreign Invested Company (hereinafter referred to as “FIC’) which is owned by Foreign Company (herein after referred to as “Client”) in HCM City. We further understand that upon establishment,...