Doing business 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,...

Having known that foreign investor (hereinafter referred to as “Client”) wishes to be provided with consultancy services in establishing a Joint Venture Company in the field of logistics in accordance with the Laws of Vietnam (hereinafter referred to as “JVC”)[...]

Investor: I would like your advice on starting a joint venture (with a local partner) LLC in VN that imports foreign health products for local distribution and also export to other ASEAN countries. I will be the major shareholder. Can you briefly walk me through the legal processes and weigh...

QUESTION: Since forming the new company in Vietnam, how to prove the invested capital and how to use them since no need to mark actual deposit to the bank account?

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...

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 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:

Client is willing to engage a legal consultant on advices regarding the establishment of representative office in Hanoi, Vietnam.

Question: Are you able to incorporate a company for us? (ideally an Ltd, with one foreign shareholder and one foreign director) If so, tell me please how much time does it all takes, and what’s the total charge to it (your charges and all possible governmental charges) . Answer: Under Vietnam Law, during...

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.).