Doing business in Vietnam

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...

We refer with thanks to your email today, from which we were requested to advice on establishment of a representative office in Hanoi of foreign invested company in Long An province (hereinafter referred to as “Company” or “Client”). 1.Setting up RePRESENTATIVE OFFICE OF FOREIGN INVESTED COMPANY IN HANOI The establishment...

Having known that foreign investor (hereinafter referred to as “The Client”) is planning to develop the project of distributing cosmetic products and wishes to engage a Vietnamese law firm to perform all relevant procedures for setting up 100% foreign owned company with business function of distributing such cosmetic products,

Question: Dear Lawyer, I am operating an investment fund in Vietnam. I am wondering which methods I could choose to call for investment in my fund? Thanks. Answer:  SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: In accordance with...

SBLAW would like to give advice on possibilities of setting up a foreign invested company for doing business of technical testing and analysis in Vietnam as follows:

Question: We are Singapore logistic company, we have a question as follow: Can foreign investor set up a 100% owned foreign logistic company (road transportation service)? Answer: It is noted that Vietnam Law officially remove foreign ownership limitation in the logistic services sector. However, this change is only applicable to several...

Question: Hello attorney, I have a question: Can a foreigner be representative for a Company in Vietnam? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: Legally, our principal do not ban foreign from being a Company’s representative....

Question: Please advise whether it is possible to allow greater flexibility in the business activities of the company in Vietnam (NewCo) to include businesses such as interiors and special projects, construction project management and sourcing services. Please let us know your estimated fee quotation for the company formation. Upon receipt of your reply, we shall...

Question: We are the FDI in Vietnam, we would like that SBLAW may support the Company with the supplement of Company’s business lines of import and wholesale and retail of new and used cars (hereinafter is referred to as “Business Lines”). Answer: SBLAW would like to advise as follows: I. OUR...

This is reference to our discussion at our office on last week, from which, we understand that you would like us to advise on establishment of 100% Foreign Invested Company (hereinafter referred to as “FIC’) which is owned by foreign company (herein after referred to as “Client”) in Vietnam. We...