Doing business in Vietnam

Client: I intend set up a company in HCM, as a buying house handling export products out of Vietnam and trading local market, what are the requirments and easy way to set up, thanks Lawyer:This is reference to your message below. I am Corporate Lawyer of SB Law. I was...

Question: I would like to set up warehouse services company in Hanoi I would like to know the process ie what type of license and cost of the licenses. Answer: In Vietnam, regarding to logistic services, you can setup 100% foreign owned company for providing (i) Warehouse services; (ii) Transportation Agency Service....

Question: We were asked to provide a company (the “Client”, i.e., the Issuer) in preparation for IPO in Hongkong with a consolidated fee quote for acting as the Issuer’s counsel. Because the Client’s primary operating subsidiary is in Vietnam (the “Vietnam Subsidiary”), we will have to work with a Vietnam law...

Under Vietnam Law, foreign enterprise can setup a branch office for conducting business activities in Vietnam. However, in practice, possibility for setting up a branch office of a foreign trading company in Vietnam is very low. Generally, upon submission of application dossier for setting up branch office in Vietnam, the competent...

Investor: We are currently looking into changing our structure from a rep office to a wholly foreign owned  Vietnamese company. Can you run me through step by step what needs to happen if we decide to proceed. I thought you would be the right person to know. Lawyer of SBLAW:Thank...

Client: Dear Sir/Madam, I wish to open a Rep. Office in Hanoi. My company in India is 18 months old. Please let me know whether I can apply for setting up a Rep. Office. Also, please help me by providing me the following info - document required - what all documents need...

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...

Question: Our company opened representative office in Vietnam, could SBLAW send us the quotation for these services of post-licensing procedure? Answen: Regarding your request, S&B Law hereby would like to charge 200USD (exclusive of 10% VAT) for covering the following tasks: 1) Declaration on Initial Personal Income Tax Procedure; 2) Registration of...

Question: Is the Representative Office (RO) a kind of legal entity ? What is main function of the Representative Office (RO)? Could you please also let us know the fees and requirements to set up the RO?