Doing business in Vietnam

Q: Can a Representive Office open a bank account? If there any amount that need to maintain? A: Yes, the Representative office (R.O) can open bank account, that account is to receive expense from parent comapny only. No need to have any amount to maintain R.O ammount,

SBLAW provides legal advices for establishment of wholly foreign invested company (hereinafter referred to as “FIC”) for (i) importing and trading industrial machines and (ii) providing maintenance and warranties services for customers in Vietnam as follows;

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...

As a leading law firm in the field of M&A, SBLAW would like to provide some information about experience of SBLAW in the field of M&A as follows:

Real estate management service is listed as one of real estate business that foreign investors are permitted to carry out in Vietnam[...]

SBLAW would like to introduce the legal procedure for etting up a representative office in Ho Chi Minh City of Japan company as follows:

SBLAW would like to note that an important matter of representative office (R.O) in Vietnam is Personal Income Tax of Employees working for R.O.

Question: To set up a foreign factory, what should I prepare? Answer:  Under Vietnam Law, for setting up a foreign owned factory, you shall be required to prepare an investment proposal for long term or medium term, in which you shall have to define location, productivity, investment capital, estimated turnover, profit...

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

. Time frame for incorporation of a foreign invested company in Vietnam shall be about 22 working days to 45 working days. In some case, due to the complexity of the case