Doing business in Vietnam

This is with regards to our discussion from which you requested us to advise for Vietnam local company (hereinafter referred to as “Client”) to transfer 100% equity to an foreign Investor (hereinafter referred to as “the Assignee”).  Thus, we are pleased to present herewith our Legal Service Proposal for...

SBLAW assists Client to setup company in Vietnam, including, advice on structure of company, preparation of documents for setting up company in Vietnam, following up licensing and post-licensing process for setting up company

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,...

Question: We plan to establish a travel agency in Nha Trang. Please quote. Answer: This is reference to your query on establishment of a joint venture company, from which, we understand that you would like us to advise on establishment of a joint venture company operating in travel agencies field (hereinafter...

Question:  Our company is a Vietnamese company, 100% invested by Singapore Mother Company. We are planning a closure of this company (liquidation) and would like to receive a legal opinion as well as performance fee and proposal for the service of company liquidation. Issues on legal opinion How to close the company...

Client: Dear Sir, I am working in MLM company. I would like to get advice from u regarding the MLM business in Vietnam. Could u please tell me the step of obtaining MLM license? Also regulation under VN MLM business?   Lawyer: We refer to your emails from which, you requested...

SBLAW would like to provide foreign investor the package fee for for opening representative office (RO) in Vietnam as follow: - Obtaining License for establishment of RO: 1,200USD. - Declaration for commencing operation of RO: 150USD. - Placing announcement of establishment of RO, obtaining Tax Code Certificate, Seal Sample of RO: 150USD. -...

Question: Our foreign company from Japan intends to setting up a smart phone refurbish center in Da Nang City and need your assist for some advice. We are aware that import & selling of used mobile phone in Vietnam is restricted by the Vietnam government but we getting info that...

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...

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...