Doing business in Vietnam

SBLaw would like to provide some information for setting up a representative office of foreign company in Vietnam (hereinafter referred to as “Company”) as follows:

If a HongKong Company would like to open a representative office in Ho Chi Minh City, SBLaw would like to advise as follows:

Question: I wish to set up a Vietnam company and I have the following concerns: Once the company is registered in the registrar, whether the individual directors and shareholders’identity will become public information that can be searched by anyone globally. Whether it is mandatory for a Vietnamese company to...

Question: I am writing to you on behalf foreign company based in USA, we are interested in investment in Vietnam and we already found an local company(registered in HCMC), we have negotiate with the owner and want to buy over the 100% share from 2 local shareholders, the company...

Q: We are Testing, Adjusting and Balancing Company in Germany.We are eagerly interested in investment in Vietnam and be ready to documentation for Investment Certificate. Could you please let me know Business Line code? After installtion and operating facilities, we test, adjust and balance all facilities.It's sub-procedure of Engineering.Wating for your...

Question: To set up a foreign factory, what should I prepare? Answer:  Under Vietnam Law, for setting up a foreign owned factory, you shall be required to prepare an investment proposal for long term or medium term, in which you shall have to define location, productivity, investment capital, estimated turnover, profit...

Client: Our Company intend to set up an office in Vietnam, may be you are able to advise us on this. We are american Trading Company and has presence in USA (HQ), Malaysia, Indonesia, Thailand and China. We would like to know the minimum paid up capital for setting up a...

Question: May I know which taxation needs to be declared if establish a RO  in Vietnam. Your help will be much grateful. Thank you. Answer: Under Vietnam Law, a representative office does not involve with business activities for purpose of making profit. Then, except for declaration of personal income tax for...

This is relation to our conservations, from which, you requested us to provide legal advice on amendment of Investment Certificate of your company (Hereinafter referred to as “Client”) in order to move the head office address from Binh Duong Province to Ho Chi Minh City. We, therefore, are grateful to...

Decree No. 89/2016/ND-CP on requirements applicable to business entities acting as currency exchange agents or providing foreign currency receipt and payment services is issued by the Government on July 01, 2015. Accordingly,  a  business  entity  is  entitled  to  act  as  a currency exchange agent only after it is issued with...