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Doing business in Vietnam

Setting up Representative Office in Viet nam

Question: What would be the possible costs and estimated terms to set-up a representative office, a branch and a limited liability company in Vietnam? Answer: We understand that Client is now seeking legal advices for establishment of (i) Representative Office or (ii) Branch Office or (iii) Limited Liability Company in Vietnam....

Set up a factory in Vietnam Industrial zone

Question: We are Hongkong investor and would like to set up a factory at Industrial zone in Vietnam, please advise the required documents and legal fee? Answer: SBLAW would like to advise this case as follow: We understood that you would like to setup a factory in Quang Minh Industrial Park....

Vietnam’s legalization of betting business

On Jan 24, 2017, The Government has promulgated Decree 06/2017/NĐ – CP on betting business of horse race, dog race and international football. This Decree will take effect from March 31, 2017 and therefore the betting business of horse race, dog race and international football will officially legalized. Some...
Legal service for foreign bank in Vietnam.

Legal service for foreign bank in Vietnam.

Question: We are a commercial foreign bank having branch in Vietnam and would like to seek a law firm in Vietnam, please advise this? Answer: Further to our discussion from which we were requested to provide legal retainer services to Commercial foreign Bank in Vietnam  (hereinafter referred to as “BANK”),...

Transfer 100% equity in International Training Centers to a Vietnamese Citizen

Investor: We have a two 100% owned foreign companies in Hanoi and HCMC. Currently these 2 companies are ‘dormant’ in their activities. We have a local Vietnam individual who intend to buy over the companies and intend to convert it to a local entity. We require lawyers in hcmc and Hanoi...

Change structure from a representative office to a wholly foreign owned Vietnamese company

Investor: We are currently looking into changing our structure from a rep office to a wholly foreign owned  Vietnamese company. Can you run me through step by step what needs to happen if we decide to proceed. I thought you would be the right person to know. Lawyer of SBLAW:Thank...

Regulation about Banking and Foreign Exchange for company in Vietnam

Generally, all foreign investors with established presences in Vietnam will need to open a bank account in order to conduct their business in Vietnam.
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Opening a Rep. office in Ha Noi

Client: Dear Sir/Madam, I wish to open a Rep. Office in Hanoi. My company in India is 18 months old. Please let me know whether I can apply for setting up a Rep. Office. Also, please help me by providing me the following info - document required - what all documents need...
Conditions for doing domestic travel businesses in Vietnam

Conditions for doing domestic travel businesses in Vietnam

The applicable laws stipulate about Conditions for doing domestic travel businesses as follows: 1) Having domestic travel business registered at a competent business registry; 2) Having business plans for domestic tourist operations, offering tour programs for domestic tourists; 3) Operators of domestic travel business must have at least three years of experience...

Amendment of Investment Registration Certificate supplementing business line of non-life insurance

Question: We are FDI company in Vietnam and would like to amend Investment Registration Certificate (“IRC”) and Enterprise Registration Certificate (“ERC’’) in order to reflect supplementing business line of non-life insurance, please advise? Answer: We refer with thanks to your call from which we were requested to assist you regarding amendment of...