Home Doing business in Vietnam

Doing business in Vietnam

Setting up a branch in vietnam

Client: We will like to set up a 100% owned branch office in Vietnam to conduct our business locally. Is this possible? What is the requirement of local directors, restriction on trade activities of foreign owned branch offices and the tax payable? Lawyer: This is reference to your email below. I...

Transfering the common shares to the co-founder.

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.[...]
Legal-and-Regulatory1

Foreigner set up company in Vietnam

: I am a foreigner. I would like to know about the costing and procedures to set up a limited company in Hanoi, Vietnam. Company provides services including,

Vietnamese people is allowed to play casino in accordance with the new Decree

On January 16, 2017, the government has promulgated Decree 03/2017/NĐ – CP of casino business. This Decree deals with business, management of the business and administrative sanction in casino business in Vietnam. Decree 03/2017 will take effect from March 15, 2017. 1. Business principles Casino business is business lines subject to...
investment

The difference between Branch and R.O in Vietnam

SBLAW would like to mention about the difference between Branch and R.O in Vietnam as follows:

Setting up tea factory in Vietnam

Question: I would like to setup a tea factory in Son La or Thai Nguyen. Please advise. Answer: In order to setup a tea factory in Vietnam, the very first thing you have to do is to look for a suitable land lot for setting up the factory. For this purpose,...

Request for information about set up company

Question: We are a Mauritian based group and we are interested to explore business opportunities in Vietnam. We expect to travel to your country in January /February 2017. We are involved in tourism sector ( inbound tour operator specialized in Italian and French markets) , Event managements ( organization of,...
SBLAW consulted to M2’s fashion

Setting up representative office in Hanoi and Ho Chi Minh City

SBLaw would like to give information for setting up a representative office of foreign company in Hanoi and Ho Chi Minh City (hereinafter referred to as “Company”) as follow:

Set up local company

The Vietnamese person must: -Not be subject to the cases which are prohibited to set up company (such as: working in Vietnamese competent authorities as Officer, involved in any criminal cases, etc.).
M&A Lawyers of SBLAW

Changing owner and legal representative for FDI company

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.