Doing business in Vietnam

On June 11th, 2021, the Ministry of Industry and Trade issued Circular 02/2021/TT-BCT on the Rules of Origin of goods in the UKVFTA Agreement. Accordingly, in order to receive tariff preferences under UKVFTA, certificate of origin must be submitted to the Vietnamese customs authority within 2 years from the time...

We are considering now to establish a foreign owned instead of local entity company as Paypal. Can you please advise the procedure and documents needed to submit. Answer: For obtain license to act as Paypal, the minimum investment capital that you have to contribute in Vietnam is 2,500,000USD. After obtaining the Investment...

  Question: We have a Poland client who has a BVI Company.  He would like to set up a Vietnamese Company to open a business bank account in Vietnam. Please advise us the following: 1. Is it okay to the Vietnam Authority to use BVI Company to hold the FIE Company in Vietnam? ...

Question: I wonder if you could give me some information (or pass me on to someone that can) about running an online live casino from Vietnam.     I understand that Vietnamese citizens cannot gamble by law but this website will not be accessible by people in Vietnam and will not be...

In order to assist foreign investors (hereinafter referred to as “Client”) to establish 100% foreign owned enterprise with the business function of construction consultancy (including designing and supervising consultancy) in Vietnam, SBLAW (hereinafter referred to as “Consultant”) would like to provide the Client with such services.

Quetion: I am a US person living in Ho Chi Minh City since 2011, currently working on starting a home décor and clothing business. Part of this business is intended to be wholesale for the Swiss and European market and, for doing so, I’m setting up a company based in...

Client: My name is Harry and I received your contact details through internet. I'm looking for a lawyer who could assist me and a partner (we're both expats) in registering our online startup. 1. What is the process to apply for the business license? If we make it Vietnamese-owned with...

Q: We – Singapore Company established a representative office in Da Nang City, who asked if we know a law firm to recommend for closing the representative office. We would appreciate it very much should you be so kind to advise if your firm handles this type of work, how...

Question: Hi, I have question: Is it wise for the CEO of a company to also be Chairman of the Board? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: Technically, CEO and Chairman are NOT compulsory to...

Question: We would like to set up a company which will be involved in import of beer from Czech republic to Vietnam. Answer: This is reference to your conversation from which, we understand that your Client, (hereinafter referred to as “Client”) are now seeking legal advice for establishment of Foreign...