Doing business in Vietnam

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...

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...

Question: This is a business law firm in Hokong. We get your firm’s contact information through the internet. Our client want to have M&A in tourist resort programme in Ninh Thuan province, so we want to search out an excellent law firm in Vietnam as our partner to provide...

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:

This is reference to our discussion from which, we understand that you would like us to advise on establishment of 100% Foreign Invested Company (hereinafter referred to as “FIC’) which is owned by Foreign Company (herein after referred to as “Client”) in HCM City. We further understand that upon establishment,...

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...

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...

QUESTION: Since forming the new company in Vietnam, how to prove the invested capital and how to use them since no need to mark actual deposit to the bank account?

Vietnam Government classifies Multi Model Transportation Service into two forms: - Internal Multi Model Transportation Service - International Multi Model Transportation Service Under the Decree No. 87/2009/ND-CP of the Government, for providing International or Internal Multi Model Transportation Service, the Enterprise must satisfy following conditions: - Having assets or capital equal to 80,000SDR. It also...

In order to do business in Vietnam, the foreign investor has to obtain the Investment Certificate to set up a company in Vietnam[...]