Is the Representative Office (RO) a kind of legal entity?
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?
To run business activities in Vietnam
Foreign invested company (FIC) shall be the best choice for foreign investors if they wish to run business activities in Vietnam.
Note on Invested capital in Vietnam company
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?
Bring the investment capital or benefit of the investment out of Vietnam
In case that foreign investors want to bring the investment capital or benefit of the investment out of Vietnam, it is highly recommended that the cash flow should be sent from abroad to a Vietnam Company’s account.
Formation of Vietnam Joint Venture
1.The establishment of a Foreign invested company (FIC) including Joint Venture Company in Vietnam requires an Investment Certificate from the licensing authority.
Set up company in Binh Duong Province, Vietnam
In this case, we understand that the FIC that the Client intends to setup shall (i) implement import and export right against electronic products and (ii) manufacture electronic products in Binh Duong Province.
Acquire equity of a pure local company in Vietnam
When foreign investor would like to Acquire equity of a pure local company in Vietnam, SBLAW would like to advise as follwos:
The difference between Branch and R.O in Vietnam
SBLAW would like to mention about the difference between Branch and R.O in Vietnam as follows:
Open company on Multi Level Marketing Sale in Vietnam
SBLAW provides you some information about legal procedure about setting up company of trading of functional food under the form of Multi Level Marketing Sale.
Can we create a local Vietnam company with 100% ownership if we get a longer term job opportunity in Vietnam?
Can we create a local Vietnam company with 100% ownership if we get a longer term job opportunity in Vietnam?