Doing business in Vietnam

SBLAW understands that foreign investor intends to setup a MLM Company in Vietnam for distribution of cosmetic and nutrition products, we would like to provide some legal information as follows:

In Vietnam, Foreign Invested Company (FIC) can be divided into two following forms: (i) Wholly Foreign Owned Company wherein Foreign Investors shall own 100% capital of the Company and (ii) Joint Venture Company wherein Foreign Investor shall jointly setup company with at least one local partner. Generally, foreign investor is...

When doing business in Vietnam, investors can choose the following options to invest in Vietnam:

SBLAW would like to provide you some information on setting up wholly foreign invested company (Hereinafter referred to as “FIC”) for conducting import and export agricultural products in Ho Chi Minh City as follows: 1. General Comments The establishment of a FIC in Vietnam requires an Investment Certificate from the licensing...

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...

Our skilled and experienced banking lawyers and consultants with professional ability to access banking and finance policies and practice in Vietnam are equipped with powerful research methodologies and innovative thinking to provide fruitful business results.

Logistic services under Vietnamese law, are the commercial activities whereby traders/enterprises organize the performance of one or many jobs including reception, transportation, warehousing, yard storage of cargos[...]

Question: My company want to enlarge the import ranges. Please quote. Answer: - In this case, in order to supplement goods to be imported and distributed, you shall have to obtain Business License from Hanoi People Committee. Generally, in order to obtain this, it shall take you about 45 working days...

Tax audits are carried out regularly and often cover a number of tax years. Prior to an audit, the tax authorities send the taxpayer a written notice indicating the time and scope of the audit inspection.

This is reference to our meeting from which we were requested to advice on possibilities of setting up a 100% foreign invested company providing foreign language training services and coffee shop in Hanoi, Vietnam.   We are grateful to set our legal services proposal for your review and consideration as follows:   1....