Doing business in Vietnam

(SBLaw) If client would like to form a Joint Venture company (Newco) for Advertisement Services and Value Added Services in Vietnam, we would like to provide some information as follows[...]

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...

Question:  We are a multi-national and multi-functional market entity with over 38 years history, and we are committed to basing on the Hongkong, serving the world of business. Now many of our clients are going to set up companies in Vietnam, therefore we would like to establish long-term cooperation with...

Question: Our foreign company from Japan intends to setting up a smart phone refurbish center in Da Nang City and need your assist for some advice. We are aware that import & selling of used mobile phone in Vietnam is restricted by the Vietnam government but we getting info that...

Question: Hi, I have question: Is it wise for the CEO of a company to also be Chairman of the Board? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: Technically, CEO and Chairman are NOT compulsory to...

Question: We are foreign investor and would like to establish the company in Vietnam obtaining import export tax incentives, please advise the details: Answer: Pursuant to your above question in which we are required to support you in providing our legal opinion on the import duty exemption applicable to imported...

Question: Please advise whether it is possible to allow greater flexibility in the business activities of the company in Vietnam (NewCo) to include businesses such as interiors and special projects, construction project management and sourcing services. Please let us know your estimated fee quotation for the company formation. Upon receipt of your reply, we shall...

Question: We would like to close of representative office in Hanoi, Vietnam. Please quote. Answer: We understand that you are seeking legal advice on closing of representative office of foreign trader in Hanoi City (hereinafter referred to as the “R.O”). We therefore are grateful to present you our Legal Services Proposal for...

On June 11th, 2021, the Ministry of Industry and Trade issued Circular 02/2021/TT-BCT on the Rules of Origin of goods in the UKVFTA Agreement. Accordingly, in order to receive tariff preferences under UKVFTA, certificate of origin must be submitted to the Vietnamese customs authority within 2 years from the time...

Answer: Under Vietnam WTO Commitment, foreign investor is allowed to joint venture with a local company who has been licensed to provide advertisement services in Vietnam.