Doing business in Vietnam

Under Vietnam Law on Enterprise, the at-law representative of a Company means an individual who represents the Company to exercise the rights and perform the obligations arising from transactions of the Company, and represents the Company in the capacity as plaintiff, respondent or person with related interests and obligations...

SBLAW would like to give you some information about setting up a wholly foreign invested company (hereinafter referred to as “FIC”) for management consulting services in Hanoi, Vietnam.

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...

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...

Question: I would like to enquire about setting up a foreign owned distribution company in Vietnam ((distribution of tyres). What are the costs like and is there a minimum paid up capital amount. Answer: I am Lawyer of SB Law. I was entrusted to provide you legal advice regarding to setting...

Question: We would like to establish a Social Enterprise in Vietnam. Please quote. Answer: We understand that you would like us to advise on the legal requirements for a social enterprise under Vietnam Law. We are therefore grateful to present you hereinafter our Legal Services Proposal for your review and consideration. 1.                     ...

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:  We are a multi-national and multi-functional market entity with over 38 years history, and we are committed to basing on the Hongkong, serving the world of business. Now many of our clients are going to set up companies in Vietnam, therefore we would like to establish long-term cooperation with...

Client: I order your farm about my needs.   Needs   Establish local company by Vietnamese   About business license  1.Import cosmetic goods  2.Sell cosmetic goods at shop and human in Vietnam  3.Product cosmetic  4.Bottling cosmetic goods  5.Set up factory and get lisence  6.Operate beauty organization like school  7.Educate staff about beauty fields at like school(education service)  8.Send beauty care staff to shop...

SBLAW would like to update the new policy regarding to Payment Intermediary Service in Vietnam as follow: + Up to now, there are 25 enterprises granted License for providing Intermediate Payment Service. However, after conducting a comprehensive survey, SBV found that not many of them can totally rely on Intermediate Payment...