Doing business in Vietnam

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.

Under the Degree No. 25/2011/ND-CP dated 06 April 2011 of Vietnam Government detailing and guiding the implementation of a number of articles of the telecommunication law, Voice Call and SMS Messaging Service are classified to basic telecommunication services.

This is with regards to the conservation from which you requested to advice on possibilities of setting up a joint venture company for providing IT Solution and Software Services (hereinafter referred to as “FIC”) in Hanoi, Vietnam. Therefore, we are grateful to set our legal services proposal for your review...

We would like to provide legal advice on possibilities of setting up a foreign invested company providing product quality examination services in Hai Phong, Vietnam as follow.

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...

SBLAW would like to give legal regulation about Vietnam Company Registration Process as follows:

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.[...]

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...

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...

Foreign investor: Can foreign investor set up company nominee? Lawyer: It is possible for setting up such company under the name of a Vietnamese Partner. However, please note that you should carefully study potential risk of this form as Vietnam Law does not recognize nominee structure. In the worst case, foreign investor...