Doing business in Vietnam

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.

This is with regards to your email from which a Korean Company (hereinafter referred to as “Client”) requested us to assist in setting up foreign invested company, (hereinafter referred to as “FIC”) in Vietnam. We further understand that upon establishment, FIC shall carryout import and supplying equipments or spare parts...

Question: It's my great honor to know you through the Internet. Our company is located in Hongkong, which is dedicated in management consulting, registration. And now there is a client from our company who wants to establish a company in Vietnam . Therefore, I have some questions to consult you and wish you can help us. 1.How many shareholders for start-ups will required?If there any nationality or domicile will required? 2.How many directors for start-ups will required?If there any nationality or domicile will be required? 3.How much registered capital for start-ups will required?Do the clients deposit the money in the company`s bank account? 4.Whether office agency requires a practical office address? 5.What materials my client must provide when the shareholders are individual ? Could you give me a checklist? 6.What materials my client must provide when the shareholders are as a company ?Could you give me a checklist? 7.Need all materials my provide be notarized ? 8.How long does it take to complete registering a office agency? 9.After setting up company,what materials my client will obtain?please tell me detail? 10.How much will you charge for the company registration, and what kind of service will be included? 11.Is there any tax required? If my client wants to...

Generally, all foreign investors with established presences in Vietnam will need to open a bank account in order to conduct their business in Vietnam.

We would like to provide you with some information about conducting business in Vietnam as follows:

Investors have to prepare these following dossiers to register an investment project in Vietnam:

Question: I just open a new business in Vietnam and I would like to import some cosmetics products from Hongkong. However, I have noticed that there are lots of processes and filings I need to prepare and hence I would like to seek for your help to complete it....

Under Vietnam Law, it does not impose any minimum rate of capital for running shipping agency and forwarding services company. However, the Investor must be responsible for explaining possibility of running such company with his proposed capital. According to our practical experience, an amount of 200,000USD is reasonable rate for...

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...

Under the Degree No. 25/2011/ND-CP dated 06 April 2011 of Vietnam Government detailing and guiding the implementation of a number of articles of the telecommunication law, Voice Call and SMS Messaging Service are classified to basic telecommunication services.