Doing business in Vietnam

Supplementation of business activities and investment objective is considered as expansion of investment project. According to our practical experience, in case the Foreign Owned Company would like to expand scope of business activities, particularly, the approval shall very much depend on following factors: Audited Income Statement of the Client in...

Here is Tony of Frame Children Products, a Boston based company specialize for baby & kids furniture. To scope for business development, we are considering to set up a representative office seriously in Vietnam

Q:  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...

Question: I write to you to inquire for your services regarding liquidation and dissolution of companies, after having read a thorough article on your corporate website. The Board of our group of companies is currently considering the closing down of the Vietnamese subsidiary, as its commercial launch has revealed to be...

Question: I have a small problem which I want your advice. We have a number of products which our “product name” and the actual “registered name” differ from each other. So my questions are in two parts. 1. For upcoming export (this week), what should we state on the export documents?...

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...

Question: I would like to know how much it would cost to open and close the representative office in HCMC, Vietnam. I need to gather all information for my management to make decision. Answer: This is reference to your email below. Our professional fee for opening/closing a representative office in Vietnam...

Question: Hi lawyer, I have a question. As a foreign investor, I want to buy stocks from a Vietnam Jsc. Thus, I want to ask you: Do I have to send application to DPI? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to...

Question: It's my great honor to know you through the Internet. Our company is located in Hongkong, which is dedicated in management consulting, registration. And now there is a client from our company who wants to establish a company in Vietnam . Therefore, I have some questions to consult you and wish you can help us. 1.How many shareholders for start-ups will required?If there any nationality or domicile will required? 2.How many directors for start-ups will required?If there any nationality or domicile will be required? 3.How much registered capital for start-ups will required?Do the clients deposit the money in the company`s bank account? 4.Whether office agency requires a practical office address? 5.What materials my client must provide when the shareholders are individual ? Could you give me a checklist? 6.What materials my client must provide when the shareholders are as a company ?Could you give me a checklist? 7.Need all materials my provide be notarized ? 8.How long does it take to complete registering a office agency? 9.After setting up company,what materials my client will obtain?please tell me detail? 10.How much will you charge for the company registration, and what kind of service will be included? 11.Is there any tax required? If my client wants to...

SB Law would like to provide our legal advice on establishment of MLM Company in Vietnam as follows: