Doing business in Vietnam

SBLaw would like to give information for setting up a representative office of foreign company in Hanoi and Ho Chi Minh City (hereinafter referred to as “Company”) as follow:

Investor: Hello SB Law team, I represent a Hong Kong-based charitable organization. We would like to understand our options for setting up a legal entity in Vietnam, based in Ho Chi Minh City. Can your team provide advice on our options and then establish and administer a Vietnamese company for us? I would...

Investor: Respected Sir/Madam, I am a Hongkong citizen. I am looking to set up business under Sole Proprietorship with 100% own share in the field of restaurant. Can I do this type of business in Vietnam and what will be the capital requirements? Thanks and best regards. Lawyer of SBLAW:Under Vietnam Law,...

Client is now seeking legal advices for closing Representative Office in Hanoi, Vietnam (hereinafter referred to as “R.O”). We therefore are grateful to present you our Legal Services Proposal for your review and consideration. 1. PROCEDURES FOR CLOSING RO  Under the Vietnam’s Decree No. 72/2006/ND-CP of the Government stipulating details...

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: Hi, I have a question: Can the investment fund remit the profit back to their foreign investors (subject to fulfilment of all tax obligations in Vietnam)? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: In terms...

Question: 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 future….if so at...

SBLAW understands that Client would like to amend its Investment Certificate to include warehousing services based on un-used redundant leased space area, thus, we would like to advise as follows:

Investors have to prepare these following dossiers to register an investment project in Vietnam:

SBLAW would like to mention about the difference between Branch and R.O in Vietnam as follows: