Doing business in Vietnam

SBLaw is a law firm which has large experience in advising on Finance and Banking. With the staff of excellent and skilled lawyers, we has consulted for many domestic and foreign finance organizations, such as: Military Bank (MB), Industrial and Commercial Bank of China (ICBC).

Investor: Respected Sir/Madam, I am a Hongkong citizen. I am looking to set up business under Sole Proprietorship with 100% own share in the field of restaurant. Can I do this type of business in Vietnam and what will be the capital requirements? Thanks and best regards. Lawyer of SBLAW:Under Vietnam Law,...

Client: Dear Sir, What are the official way to open an office by any indian Entity? Lawyer: We understand that you would like to export raw cashew nut as well as kernels and apart from that rice cinnamon and star aniseed from Vietnam to India. For this, you must setup a Foreign...

Question: We are IT company from USA and would like to set up representative office and preparation of contracts in Vietnam, please advise this. Answer: This is reference to our conservation held in Ho Chi Minh Office from which, we understand that your company (hereinafter referred to as “Client”) is...

Question: Our company opened representative office in Vietnam, could SBLAW send us the quotation for these services of post-licensing procedure? Answen: Regarding your request, S&B Law hereby would like to charge 200USD (exclusive of 10% VAT) for covering the following tasks: 1) Declaration on Initial Personal Income Tax Procedure; 2) Registration of...

Question: My company in this right moment his looking for new opportunities for investment. Already present in south america and African markets, were looking for an opportunity in South East asia and we decided to initiate our next stage in Vietnam. At that time I would like to meet with...

Answer: Under Vietnam Law on Investment and Vietnam WTO’s Commitments, the foreign investors are not allowed to operate the “domain name trading”.

  Question: We have a Poland client who has a BVI Company.  He would like to set up a Vietnamese Company to open a business bank account in Vietnam. Please advise us the following: 1. Is it okay to the Vietnam Authority to use BVI Company to hold the FIE Company in Vietnam? ...

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...

Question: We are a commercial foreign bank having branch in Vietnam and would like to seek a law firm in Vietnam, please advise this? Answer: Further to our discussion from which we were requested to provide legal retainer services to Commercial foreign Bank in Vietnam  (hereinafter referred to as “BANK”),...