Doing business in Vietnam

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...

1. Legal opinion In our experience, Nondestructive Testing Services is one of the services that are belonged to the scope of CPC (Central Product Classification) 8676 and under the Vietnam’s WTO Commitment, foreign business entities engaging in this field shall only be permitted to conduct this business when they satisfy...

After receiving License for Representative office in Vietnam, regarding the post-licensing procedures, SBLAW advises as follows: 1) Implement the Initial Personal Income Tax Procedure regarding the all of employees who are working for the Rep Office. Please kindly let your Internal Accountant or External Accounting Agency contacted with the Division of...

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.

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...

Q:  I have some questions relating to our representative office in Ho Chi Minh City, Vietnam. 1.    How much the cost to close the representative office ? 2.    Can we leave Rep Office dormant…if so, at what cost...? 3.    Can we re-open the entity at our discretion as some point in the...

Foreign investor: Dear Sir, I would like to have your quotations on the following matters, 1. To set up a massage business in Can Tho...with a local partner 2. Duration of business registration and requirements 3. Opening up a bank account Lawyer: Thank you for your email below. I am Lawyer of SBLaw....

Question: We are a HongKong incorporated company with 51 years in business. We would like to establish a Rep Office in Vietnam and at the same time we would like to know the pro's and con's between Rep Office and 100% fully owned company in Vietnam.

We understand that you would like us to advise on establishment of 100% Foreign Invested Company (hereinafter referred to as “FIC’) in Binh Duong Province for providing management consultant services. We are therefore grateful to present you hereinafter our Legal Services Proposal for your review and consideration.       SUMMARY OF BACKGROUND...

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