Q&A: Can a Representative office in Vietnam open a bank account?
Q: Can a Representive Office open a bank account?
If there any amount that need to maintain?
A: Yes, the Representative office (R.O) can open bank account, that account is to receive expense from parent comapny only.
No need to have any amount to maintain R.O ammount,
Establishment of foreign investment company in Hanoi
Question: We are into extending our company. We are planning to open a company in Hanoi, Vietnam. Requesting you to advice us in this regards.
Answer:
We understand that Client is now seeking legal advices for establishment of foreign investment company in Hanoi, Vietnam (hereinafter referred to as “FIC”). We therefore...
Company Start Up in Vietnam
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.
Setting up representative office in Hanoi and Ho Chi Minh City
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:
Incorporate a company 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...
Closing a Joint Stock Company
Investor: We have been working together to open a JSC in 2012. We would like now to close the company.
Could you please give us an estimation of your fees to cover all administrative procedures with authorities?
Could you also please let us know a possible timeline.
Lawyer of SBLAW: Under the...
Legal service for opening representative office in Hanoi, Vietnam
Client is willing to engage a legal consultant on advices regarding the establishment of representative office in Hanoi, Vietnam.
Acquiring or setting up advertising company
Answer: Under Vietnam WTO Commitment, foreign investor is allowed to joint venture with a local company who has been licensed to provide advertisement services in Vietnam.
Domain name registration in Vietnam
SBLAW would like to provide you the legal service for domain name registration in Vietnam as follows:
1. Fee schedule
- Fee for registering domain name .vn (USD80 per name )
- Fee for registering domain name .com (USD70 per name)
2. Time line
Normally, the registration proceeding will be completed in 15 days.
3....
Establishment of company operating in software programming in Vietnam
Question: We are foreign company and would like to establish company operating in software programming in Vietnam, please advise?
Answer: This is reference to your query on establishment of a 100% foreign invested capital company in Vietnam, from which, we understand that you would like us to advise on establishment of...