Doing business in Vietnam

Can we create a local Vietnam company with 100% ownership if we get a longer term job opportunity in Vietnam?

Client: Dear sir, How are you, I want to open a trading company in Vietnam. Please suggest me how you can help me with this. Lawyer of SBLAW: This is reference to your conservation below. I am Lawyer of SB Law. I was entrusted to provide you legal advice regarding to...

First of all, we –SBLaw Company Limited (SB Law) – would like to give you and your Company our warmest greetings. Through the preliminary discussion with you, it is our understanding that your company(hereinafter referred to as “Client”) is in need of consulting and supporting in implementing the procedures foramending...

If this joint stock company was established more than 03 years up to now, then any changing relating to its founded-shareholders; shares transfer among founded-shareholders or other person, etc must be declared and recorded in the Shareholder Registration Book of this Company only, without notification to pronvicial Department of...

Investor: We have been working together to open a JSC in 2012. We would like now to close the company. Could you please give us an estimation of your fees to cover all administrative procedures with authorities? Could you also please let us know a possible timeline.   Lawyer of SBLAW: Under the...

Investor: Respected Sir/Madam, I am a Hongkong citizen. I am looking to set up business under Sole Proprietorship with 100% own share in the field of restaurant. Can I do this type of business in Vietnam and what will be the capital requirements? Thanks and best regards. Lawyer of SBLAW:Under Vietnam Law,...

SBLAW understands that you intend to setup a representative office in Hochiminh City, Vietnam. We therefore would like to send herewith our legal service proposal for your kind reference.

Client: We are  a manufacturer of generic drugs and are into human formulations and Vet medicines We are Supplying Medicines to all top Govt Hospitals in India and our major share of business is from institutional sales ( Govt Tenders) . Please send us the list of documents required to...

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...

Under Vietnam Law, you can establish Foreign Invested Company (FIC) for exporting goods from Vietnam. However, we also would like to note that goods to be exported from Vietnam must not include rare and valuable seafood such as European Otter, hairy-nosed otter, smooth-coached otter, small-clawed cotter and golden coin turtle.