Doing business in Vietnam

This is with regards to our conservation from which you requested us to advise for you (hereinafter referred to as “Client”) to acquire 49% equity of a pure local company (hereinafter referred to as “Vietnam company”). Thus, we are pleased to present herewith our Legal Service Proposal for your kind...

According to paragraph 5 of Article 84 of the Law on Enterprises "Within three years from the date of the certificate of business registration, a founding shareholder has the right to freely transfer its common shares to shareholders other up, but they can transfers.[...]

Question:  We are a multi-national and multi-functional market entity with over 38 years history, and we are committed to basing on the Hongkong, serving the world of business. Now many of our clients are going to set up companies in Vietnam, therefore we would like to establish long-term cooperation with...

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: 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...

Question: After SBLAW submit the application document, within 15 working days, we can get the license of RO? Answen: Regarding to time schedule for obtaining License for R.O, after 15 working days from submission of required documents to the competent authority, we can obtain the License for R.O Question: According to...

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...

Tax audits are carried out regularly and often cover a number of tax years. Prior to an audit, the tax authorities send the taxpayer a written notice indicating the time and scope of the audit inspection.

Question: We are FDI company in Vietnam and would like to amend Investment Registration Certificate (“IRC”) and Enterprise Registration Certificate (“ERC’’) in order to reflect supplementing business line of non-life insurance, please advise? Answer: We refer with thanks to your call from which we were requested to assist you regarding amendment of...

Questions: We need to set up an education/training institution in Vietnam. We will teach computer program for short-time. We have the questions: