Doing business in Vietnam

Client: I'm managing an insurance brokerage LLC based in London. I'm advising expatriates with their international health insurance. My clients are expatriates based anywhere in the world and I am paid by commission directly from the insurance companies on my England business account so I don't have money flow outside...

Client: Dear SB Law, We are a foreign-owned automobile manufacturing company, which established in 1993 in Vietnam. Now, we would like to (i) re-register our company to operate in line with new Laws on enterprises and investment of Vietnam; (ii) expend the current business scope; (iii) extend the term of its...

Question: Our company opened representative office in Vietnam, could SBLAW send us the quotation for these services of post-licensing procedure? Answen: Regarding your request, S&B Law hereby would like to charge 200USD (exclusive of 10% VAT) for covering the following tasks: 1) Declaration on Initial Personal Income Tax Procedure; 2) Registration of...

Question: Our company would like to work with a competent legal entity to regularly consult the day-to-day business operations of the business. Please send a quotation for this service. Answer: We understand that Client requested us to provide legal retainer services. Thus, we are pleased to present herewith our proposal outlining...

SBLAW would like to provide you some information on setting up wholly foreign invested company (Hereinafter referred to as “FIC”) for conducting import and export agricultural products in Ho Chi Minh City as follows: 1. General Comments The establishment of a FIC in Vietnam requires an Investment Certificate from the licensing...

From 1st July 2015, the new Enterprise Law and Investment Law shall become effective. Under the current law, for setting up a foreign invested company, you shall need only Investment Certificate cum Certificate of Business Registration. However, from 1st July 2015, two above said Certificate shall be separated. Particularly, after obtainment of...

Question: We were asked to provide a company (the “Client”, i.e., the Issuer) in preparation for IPO in Hongkong with a consolidated fee quote for acting as the Issuer’s counsel. Because the Client’s primary operating subsidiary is in Vietnam (the “Vietnam Subsidiary”), we will have to work with a Vietnam law...

Question: What would be the possible costs and estimated terms to set-up a representative office, a branch and a limited liability company in Vietnam? Answer: We understand that Client is now seeking legal advices for establishment of (i) Representative Office or (ii) Branch Office or (iii) Limited Liability Company in Vietnam....

Question: We are interested in establishing of the representative office of our company in Hanoi. My boss has two companies, one is registered in Thailand, the other is registered in Republic of Seychelles, so he wants to know more about the details about setting up a representative office. 1. what kind...

SBLAW would like to provide some information on possibility of establishment of 100% foreign-invested company in Ho Chi Minh City, Vietnam as follows: A.   SPECIFIC QUERIES ON ESTABLISHMENT OF A LIMITED LIABILITY COMPANY I.   SETTING UP A 100% FOREIGN-INVESTED COMPANY IN HO CHI MINH CITY It is our understand that...