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Doing business in Vietnam

Transfering the common shares to the co-founder.

According to paragraph 5 of Article 84 of the Law on Enterprises "Within three years from the date of the certificate of business registration, a founding shareholder has the right to freely transfer its common shares to shareholders other up, but they can transfers.[...]

Acquiring or setting up advertising company

Answer: Under Vietnam WTO Commitment, foreign investor is allowed to joint venture with a local company who has been licensed to provide advertisement services in Vietnam.

BRIEF INTRODUCTION TO FOREIGN INVESTMENT IN VIETNAM

Under Vietnam Law, foreign investor can run its foreign investment project by either of establishment of foreign invested company or signing Business Co-Operation Contract with local partner or buying in an existing company.

An introduction to regulations on Enterprise Registration

On January 4th 2021, The Government issued Decree 01/2021/NĐ-CP on Enterprise Registration. Enterprise Registration Dossier Language: Vietnamese In case the dossier contains documents in a foreign language, the dossier must have a notarized Vietnamese translation enclosed with the foreign language document. Personal legal papers: - Vietnamese citizen: Valid Vietnamese citizen Identification card or...

Legal service for setting up 100% foreign owned companies

Having known that foreign investor (hereinafter referred to as “The Client”) is planning to develop the project of distributing cosmetic products and wishes to engage a Vietnamese law firm to perform all relevant procedures for setting up 100% foreign owned company with business function of distributing such cosmetic products,
Legal supports in assigning capital contribution to a foreign investor

Legal supports in assigning capital contribution to a foreign investor

This is reference to the conservation from which, we understand that your company (hereinafter referred to as “Client”) is now seeking legal supports in assigning capital contribution to a foreign investor. We further understand that after assignment of capital contribution, Client shall focus on distribution of construction materials. We therefore are...

Setting up a foreign owned distribution company

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...

Amendment of Investment Certificate to include warehousing services

SBLAW understands that Client would like to amend its Investment Certificate to include warehousing services based on un-used redundant leased space area, thus, we would like to advise as follows:
Lawyer on Dispute resolution of SBLAW

Vietnam representative office for foreign company.

Foreign company would like to open representative office in Vietnam, they should care the following matters: Q: Before setting up the Representative Office (RO), can investor register their trademark in Vietnam? A: Yes, they can register the trademark under the name of foreign company with Vietnam National Office of Intellectual Property...

New Company Formation for travel and tours business in Vietnam

Question: I am foreign people and would like to open a Travel and Tours business (Inbound & Out Bound) in Vietnam soon. Please provide me all the requirements and procedure  for that and also the time taken in the process. Answer: This is reference to your email below. I am Lawyer of SB...