Doing business in Vietnam

Question: Our startup has 3 founders, what kind of paper and share do we need to do? In future, if we want increase stock share of a founder / employee because he did a great job, how can we do that?

After receiving License for Representative office in Vietnam, regarding the post-licensing procedures, SBLAW advises as follows: 1) Implement the Initial Personal Income Tax Procedure regarding the all of employees who are working for the Rep Office. Please kindly let your Internal Accountant or External Accounting Agency contacted with the Division of...

Question: I have some questions relating to our representative office in Ho Chi Minh City, Vietnam. 1.       How much the cost to close the representative office ? 2.       Can we leave Rep Office dormant…if so, at what cost...? 3.       Can we re-open the entity at our discretion as some point in the future….if so at...

Question: We are Japanese company and want to set up a 100% FOC in Vietnam (LLC). We would like to incorporate in Hochiminh City and we are now looking for a law firm who can take care of the administrative process and licensing for us. We are not in...

We understand that you and your Vietnamese Partner (hereinafter referred to as “Client”) is now seeking legal advices for establishment of joint venture company (hereinafter referred to as “FIC”) for importing and trading products having HS Codes No. 0901; 0902; 3304 and 8516 in Hanoi. We therefore are grateful to...

According to the Article No. 12 of Decree No. 25/2011/ND-CP of the Government dated April 6th, 2011 on detailing and guiding some articles of Telecommunication Law, before the resale of fixed telecommunication services to users in a location that have specified address and ranges for which the legal usage...

. Time frame for incorporation of a foreign invested company in Vietnam shall be about 22 working days to 45 working days. In some case, due to the complexity of the case

Answer: Under Vietnam Law on Investment and Vietnam WTO’s Commitments, the foreign investors are not allowed to operate the “domain name trading”.

Question: Hi, I have a question: Can the investment fund remit the profit back to their foreign investors (subject to fulfilment of all tax obligations in Vietnam)? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: In terms...

Question: My company want to enlarge the import ranges. Please quote. Answer: - In this case, in order to supplement goods to be imported and distributed, you shall have to obtain Business License from Hanoi People Committee. Generally, in order to obtain this, it shall take you about 45 working days...