Doing business in Vietnam

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...

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...

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: We are a Mauritian based group and we are interested to explore business opportunities in Vietnam. We expect to travel to your country in January /February 2017. We are involved in tourism sector ( inbound tour operator specialized in Italian and French markets) , Event managements ( organization of,...

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...

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?

So far SBLaw has successfully obtained the Representative Office License and supported R.O’s matter for ROCK SOLID SHEDS (Australian investor); FITI TESTING AND RESEARCH INSTITUTE (Korean investor); UBM (Thailand investors); TOHKEMI (Japanese investor); LEVI’S (Levi Strauss Global Trading Company – Hong Kong Investor); TRI HK (Hong Kong Investor); NETRUNNER SYSTEMS PRIVATE LIMITED, (Singapore Investor,), PEGASUS ( Singapore...

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...

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.).