Doing business in Vietnam

In Vietnam, Foreign Invested Company (FIC) can be divided into two following forms: (i) Wholly Foreign Owned Company wherein Foreign Investors shall own 100% capital of the Company and (ii) Joint Venture Company wherein Foreign Investor shall jointly setup company with at least one local partner. Generally, foreign investor is...

Question: We are FDI company and would like to design and supply a mobile application for telecommunication operators in Vietnam so that we can distribute value added services to their end users, please confirm whether this service is software development service under Vietnamese law? Answer: We understand that your company...

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...

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...

We refer with thanks to your email from which we were requested to advice on possibilities of setting up a subsidiary of Korean company (“Client’) in Vietnam. It is our understanding that your company duly established in Korea and operating business in the field of auto accessories, is considering to...

Client: Hello,We would like to inquire on legal service for corporate, such as setting up Representative Office of Foreign company in Vietnam  HCMC. Please kindly get back to us asap.  Lawyer: As discussed with you through mobile, we would like to reconfirm as follows: - For import and distribution of cosmetic products,...

Investor is a French company and want to establish a foreign invested company (Hereinafter referred to as “FIC”) for providing market research in Vietnam, SBLaw would like to provide some information as follows:

Entrepreneurs wish to incorporate and register a new firm in Vietnam, SBLAW would like to provide some information about Forms of ownership of a small business in Vietnam as follows:

Question: What would be the possible costs and estimated terms to set-up a representative office, a branch and a limited liability company in Vietnam? Answer: We understand that Client is now seeking legal advices for establishment of (i) Representative Office or (ii) Branch Office or (iii) Limited Liability Company in Vietnam....

 Q: Well noted your below clarification , but for the 2nd problem about the house leasing and personnel recruitment, we prefer to get your assistence if we apponit you as our attorney agent to handle all the matters related R.O.  Because as the requirement docs , the office leasing contracts is...