Doing business in Vietnam

In Vietnam, Foreign Invested Company (FIC) can be divided into two following forms: (i) Wholly Foreign Owned Company wherein Foreign Investors shall own 100% capital of the Company and (ii) Joint Venture Company wherein Foreign Investor shall jointly setup company with at least one local partner. Generally, foreign investor is...

This is reference to your requirement, from which, we understand that currently you (hereinafter referred to as “Client”) is looking for a professional law firm to support setting up a 100% foreign invested company in Vietnam (hereinafter referred to as “FIC”) . Therefore, we are grateful to set our...

(SBLaw) If client would like to form a Joint Venture company (Newco) for Advertisement Services and Value Added Services in Vietnam, we would like to provide some information as follows[...]

Vietnam Government classifies Multi Model Transportation Service into two forms: - Internal Multi Model Transportation Service - International Multi Model Transportation Service Under the Decree No. 87/2009/ND-CP of the Government, for providing International or Internal Multi Model Transportation Service, the Enterprise must satisfy following conditions: - Having assets or capital equal to 80,000SDR. It also...

Question: Can you tell me briefly the process of increasing charter capital?  How long will it take? Thanks. Answen: The process of increasing charter capital is different from types of company, please provide more details so I can give an accurate consultation: 1) Type of company: Limited Liability company or Joint...

SBLAW has been recognized as one of the leading and highly recommended business law firms in Vietnam.

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...

Client: Our Company intend to set up an office in Vietnam, may be you are able to advise us on this. We are american Trading Company and has presence in USA (HQ), Malaysia, Indonesia, Thailand and China. We would like to know the minimum paid up capital for setting up a...

Question: We are into extending our company. We are planning to open a company in Hanoi, Vietnam. Requesting you to advice us in this regards. Answer: We understand that Client is now seeking legal advices for establishment of foreign investment company in Hanoi, Vietnam (hereinafter referred to as “FIC”). We therefore...

This is reference to your emails from which, we understand that your company (hereinafter referred to as “Client”) would like us to issue a legal opinion on whether a Vietnamese Citizen is under the status of individual bankruptcy and whether he has the powers and authority to execute an...