Doing business in Vietnam

Question: I am interested in opening a small company for the production of design projects 3d. What documents are needed? You are helping the company opening? Founders 2 people. I'm a foreigner. What is the cost and how soon? Answer: This is reference to your email below. I am Lawyer of...

SB Law would like to share information foreign investor should be aware of when running a company in Vietnam, under Q&A as follows:   1/ What would be the best legal entity?   Among the most common and available investment vehicles to foreign investors including "company limited", "joint-stock company (shareholding company)", "business-cooperation contract",...

Client: Dear Sir/Madam, Our company is interested in opening a rep office in VN. The purpose of this rep office is to research the VN market and identify potential supplying sources for our products. We are in the Fiber Optic components manufacturing. We have the following questions which we hope you would be...

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

Our skilled and experienced banking lawyers and consultants with professional ability to access banking and finance policies and practice in Vietnam are equipped with powerful research methodologies and innovative thinking to provide fruitful business results.

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: I would like to set up warehouse services company in Hanoi I would like to know the process ie what type of license and cost of the licenses. Answer: In Vietnam, regarding to logistic services, you can setup 100% foreign owned company for providing (i) Warehouse services; (ii) Transportation Agency Service....

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: What is the type of Tourism license a JV (Vietnamese company with foreign capital) can apply to: Domestic, Inbound, Outbound, all of these? Or is there any restrictions? I read somewhere that a JV can only organize domestic trips in Vietnam for foreigners who are inbound customers, but...

It takes around two weeks to form a new company of your own proposed name by first conducting a name search or taking 3-4 days if you choose one of the shelf companies from the HK shelf list.