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Doing business in Vietnam

Insurance brokerage in Vietnam

Client: I'm managing an insurance brokerage LLC based in London. I'm advising expatriates with their international health insurance. My clients are expatriates based anywhere in the world and I am paid by commission directly from the insurance companies on my England business account so I don't have money flow outside...

Vietnam company formation

Question:  We are a multi-national and multi-functional market entity with over 38 years history, and we are committed to basing on the Hongkong, serving the world of business. Now many of our clients are going to set up companies in Vietnam, therefore we would like to establish long-term cooperation with...

Legal seeks on M&A

We are some investors from HongKong. We wish to find a lawyer or law firm can help us for M&Acase. We want to buy a pharmaceutical company in hochiminh City.
Establish an agency in Vietnam

Establish an agency in Vietnam

Foreign investor: Dear sir, This is Peter from Taiwan. We are textile group company engaged in cotton, cotton yarn, fabric and garment business. We started to develop Vietnam market 3 year ago, and now our company want to establish a agency in vietnam .. so can you give me...

Procedures of buying stocks from Vietnamese companies

Question: Hi lawyer, I have a question. As a foreign investor, I want to buy stocks from a Vietnam Jsc. Thus, I want to ask you: Do I have to send application to DPI? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to...

Nominee company in Vietnam

Foreign investor: Can foreign investor set up company nominee? Lawyer: It is possible for setting up such company under the name of a Vietnamese Partner. However, please note that you should carefully study potential risk of this form as Vietnam Law does not recognize nominee structure. In the worst case, foreign investor...
Establishment of a Foreign Invested for software

Establishment of a Foreign Invested for software production in Vietnam

This is reference to your email from which, we understand that foreign company (hereinafter referred to as “Client”) is now seeking legal advices for establishment of a Foreign Invested Company (hereinafter referred to as “FIC”) for software production in Vietnam. We thereforeare grateful to present you our Legal Services...

Legal advice for closing representative office

Question: Our company would like to close the foreign representative office in Vietnam. Please quote. Answer: We understand that your company in abroad (hereinafter referred to as “Client”) is now considering closing its Representative Office in Hanoi, Vietnam (hereinafter referred to as “RO”). We therefore would like to send herewith our...

Requirements applicable to business entities acting as currency exchange agents

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...

Setting up company for conducting import and export agricultural products

SBLAW would like to provide you some information on setting up wholly foreign invested company (Hereinafter referred to as “FIC”) for conducting import and export agricultural products in Ho Chi Minh City as follows: 1. General Comments The establishment of a FIC in Vietnam requires an Investment Certificate from the licensing...