Doing business in Vietnam

SBLaw would like to provide you the legal procedure for formation of joint stock company in Vietnam as follows:

Investor: I am in Singapore wishes to start small scale garment business in Vietnam. Please advise me to register the company and other proecedures? Lawyer of SBLAW:This is reference to your email below. I am Corporate Lawyer of SB Law. I was entrusted to advise you for starting business in Vietnam. From...

Question: Our startup has 3 founders, what kind of paper and share do we need to do? In future, if we want increase stock share of a founder / employee because he did a great job, how can we do that?

Q: Can a Representive Office open a bank account? If there any amount that need to maintain? A: Yes, the Representative office (R.O) can open bank account, that account is to receive expense from parent comapny only. No need to have any amount to maintain R.O ammount,

Under Vietnam Law, you can establish Foreign Invested Company (FIC) for exporting goods from Vietnam. However, we also would like to note that goods to be exported from Vietnam must not include rare and valuable seafood such as European Otter, hairy-nosed otter, smooth-coached otter, small-clawed cotter and golden coin turtle.

We are some investors from HongKong. We wish to find a lawyer or law firm can help us for M&Acase. We want to buy a pharmaceutical company in hochiminh City.

Question: Would like to check whether you firm provide service on liquidation of enterprise for Vietnam company? If so, please let me know the scope of service and fee. Answen: We understand that your company (hereinafter referred to as “Client”) is now seeking legal advices for closing its subsidiary company...

Question: I am writing to you on behalf foreign company based in USA, we are interested in investment in Vietnam and we already found an local company(registered in HCMC), we have negotiate with the owner and want to buy over the 100% share from 2 local shareholders, the company...

With regard to the business line of architecture, according to the commitment of Vietnam to WTO, foreign investor can set up a 100% foreign owned company with detail business lines stated in the CPC 8671

This is with regards to our conservation from which you requested us to advise for you (hereinafter referred to as “Client”) to acquire 49% equity of a pure local company (hereinafter referred to as “Vietnam company”). Thus, we are pleased to present herewith our Legal Service Proposal for your kind...