Doing business in Vietnam

This is further our discussion held at our Hanoi Office from which you requested us to assist in setting up foreign invested company, (hereinafter referred to as “FIC”) in Phu Tho Province. Upon establishment, the FIC shall engage with manufacture of knives for machines or for machine appliances. Thus, we...

Question: My company would like to set up a foreign invested company for operating international mixed education institution in Vietnam. Please quote. Answer: This is reference to our conservation from which we were requested to advice on setting up a foreign invested company (hereinafter referred to as “FIC”) for operating international...

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...

Client: I am an American citizen wishing to register a new company here in Vung Tau. The business is consultancy for project construction. I have an office location already. I carry no overheads other than the office rental and my own accommodation. I simply wish to be registered and request the...

The applicable laws stipulate about Conditions for doing domestic travel businesses as follows: 1) Having domestic travel business registered at a competent business registry; 2) Having business plans for domestic tourist operations, offering tour programs for domestic tourists; 3) Operators of domestic travel business must have at least three years of experience...

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...

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...

Investor: We are in the midst of doing a corporate exercise, and we need your assistance to perform a due diligence on our company entity in Vietnam. Lawyer: 1. SCOPE OF WORKS Following works are proposed based on the request of Client. However, depending on the specific position/situation of Client, several work...

Question: We are a fellow corporate service provider from Hongkong. We have a client from Hongkong who is looking to setup a business in Vietnam. They’re a shopping mall operator (Like WeWork, they lease from landlord, and sublease to tenants). Is incorporation and the respective compliance be something you and your team...

In case that foreign investors want to bring the investment capital or benefit of the investment out of Vietnam, it is highly recommended that the cash flow should be sent from abroad to a Vietnam Company’s account.