Doing business in Vietnam

Question: I would like to setup a tea factory in Son La or Thai Nguyen. Please advise. Answer: In order to setup a tea factory in Vietnam, the very first thing you have to do is to look for a suitable land lot for setting up the factory. For this purpose,...

SBLAW assisted a large number of Clients in forming and operating foreign owned companies in Vietnam including but not limited to IBM, ICBC[...]

Question: After SBLAW submit the application document, within 15 working days, we can get the license of RO? Answen: Regarding to time schedule for obtaining License for R.O, after 15 working days from submission of required documents to the competent authority, we can obtain the License for R.O Question: According to...

Question: Can you tell me briefly the process of increasing charter capital?  How long will it take? Thanks. Answen: The process of increasing charter capital is different from types of company, please provide more details so I can give an accurate consultation: 1) Type of company: Limited Liability company or Joint...

Question: I contact you in order to get more information about settting up a company in Vietnam. My current company is located in USA and we plan to move in Asia due to the recent events in the country. We are specialised in Photo frames manufacturing, we export 95% of our...

Answer: Under Vietnam Law on Investment and Vietnam WTO’s Commitments, the foreign investors are not allowed to operate the “domain name trading”.

It is our understanding that you are now considering possibilities of setting up a foreign invested company for creating for 3D animations and still images for the real estate and offshore industry.

We refer with thanks to your from which, you requested us to provide legal advice on amendment of Investment Certificate of your company (Hereinafter referred to as “Client”) to add new business line of implementation of import right and trading right against forklift truck (HS Code No. 84279000) and...

The foreign company must: - Being recognized as a legal entity by countries or territories of business registration;

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...