Doing business in Vietnam

Question: Would like to check whether you firm provide service on liquidation of enterprise for Vietnam company? If so, please let me know the scope of service and fee. Answen: We understand that your company (hereinafter referred to as “Client”) is now seeking legal advices for closing its subsidiary company...

Question: We are Singapore logistic company, we have a question as follow: Can foreign investor set up a 100% owned foreign logistic company (road transportation service)? Answer: It is noted that Vietnam Law officially remove foreign ownership limitation in the logistic services sector. However, this change is only applicable to several...

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...

After receiving License for Representative office in Vietnam, regarding the post-licensing procedures, SBLAW advises as follows: 1) Implement the Initial Personal Income Tax Procedure regarding the all of employees who are working for the Rep Office. Please kindly let your Internal Accountant or External Accounting Agency contacted with the Division of...

Under Vietnam Law on Enterprise, the at-law representative of a Company means an individual who represents the Company to exercise the rights and perform the obligations arising from transactions of the Company, and represents the Company in the capacity as plaintiff, respondent or person with related interests and obligations...

Investor: We have a two 100% owned foreign companies in Hanoi and HCMC. Currently these 2 companies are ‘dormant’ in their activities. We have a local Vietnam individual who intend to buy over the companies and intend to convert it to a local entity. We require lawyers in hcmc and Hanoi...

We refer with thanks to your email today, from which we were requested to advice on establishment of a representative office in Hanoi of foreign invested company in Long An province (hereinafter referred to as “Company” or “Client”). 1.Setting up RePRESENTATIVE OFFICE OF FOREIGN INVESTED COMPANY IN HANOI The establishment...

Question: Dear sir, I am managing to have a business in Vietnam, but I wonder which business structure should I choose? My budget fluctuates around 1 billion VND? Answer: SB Law appreciates your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: Before starting any...

This is with regards to the conservation from which you requested to advice on possibilities of setting up a joint venture company for providing IT Solution and Software Services (hereinafter referred to as “FIC”) in Hanoi, Vietnam. Therefore, we are grateful to set our legal services proposal for your review...

Investors will make their own decision on investment projects and be responsible for the accuracy, truth of investment registration contents, investment project documents and performing registered commitment.