Doing business in 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...

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...

Representative Office (R.O) needs to submit in writing the annual report to Department of Industry and Trade by January 30th, 2015.  (Article 19, Decree no. 72/2006/ND-CP detailing the Trade Law's regulation on Rep.Office, Branch of foreign businesses in Vietnam provided that, prior to the final working day of January, R.O has to report...

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.

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...

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,...

Question: I would like some advice about incorporating a business related to English language teaching. Although the business is largely online, it will also be operating in Vietnam, which is where both directors (UK and USA) currently live. I need your help in knowing where to incorporate e.g. in...

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...

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.[...]

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...