Doing business in Vietnam

The foreign company must: - Being recognized as a legal entity by countries or territories of business registration;

In order to assist foreign investor (hereinafter referred to as “Client”) to establish 100% foreign owned enterprise with the business function of construction consultancy (including designing and supervising consultancy) in Vietnam, SBLaw (hereinafter referred to as “Consultant”) would like to provide the Client with such services.

(a) Export processing enterprise means an enterprise that is established and operates in an export processing zone or exports all its products and operates in an industrial zone or economic zone.

This is reference to our discussion today, from which we were requested to prepare mutual agreement between your Company and its business partner, wherein, your Company agree that it Business Partner can arrange its personnel to manage business operation of your Company for a specific period. You therefore seeks a...

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...

Question: We want to set up joint venture company which is owned by Singapore Logistic Co., Ltd and a Vietnamese Partner in Binh Duong Province. Upon establishment, our company shall carry out business activities in the field of: (i) Transportation Agency; (ii) Warehouse Service; (iii) Forwarding Service; (iv) Loading Services;...

Client: We will like to set up a 100% owned branch office in Vietnam to conduct our business locally. Is this possible? What is the requirement of local directors, restriction on trade activities of foreign owned branch offices and the tax payable? Lawyer: This is reference to your email below. I...

We understand that your company (hereinafter referred to as “Client”) is now seeking legal advices for adjustment of Investment Certificate regarding changing its legal representative. We therefore are grateful to present you our Legal Services Proposal for your review and consideration. 1. INITIAL ADVICES In our experience, in order to change the...

We are considering now to establish a foreign owned instead of local entity company as Paypal. Can you please advise the procedure and documents needed to submit. Answer: For obtain license to act as Paypal, the minimum investment capital that you have to contribute in Vietnam is 2,500,000USD. After obtaining the Investment...