Doing business in Vietnam

On Jan 24, 2017, The Government has promulgated Decree 06/2017/NĐ – CP on betting business of horse race, dog race and international football. This Decree will take effect from March 31, 2017 and therefore the betting business of horse race, dog race and international football will officially legalized. Some...

SBLAW would like to provide some information about Acquiring or setting up film producing company in Vietnam as follows:

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

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....

We understand that you would like us to advise on possibility of setting up a foreign invested company (FIC) in Vietnam for importation of beauty products.

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...

Question: We are FDI company and have headquater in Hochiminh City and wish to set up its Branch in Hanoi City to implement the project of distribution of goods that are distributed by our company, please advise the legal procedure? Answer: We, SB Law Company Limited (hereinafter referred to as...

Question: I want to set-up a foreign-invested company which conducts real-estate management services in Hanoi, Vietnam. Please quote. Answer: We refer with thanks to your conversation from which we were requested to advice on establishment of foreign invested enterprise in Hanoi, Vietnam (hereinafter referred to as the “NewCo”). This NewCo shall...

You will setup foreign invested company (FIC) in Vietnam which will be structured under the form of Limited Liability Company (LLC). Such FIC can be wholly owned by your foreign Company.