Doing business in Vietnam

Having known that foreign investor (hereinafter referred to as “The Client”) is planning to develop the project of distributing cosmetic products and wishes to engage a Vietnamese law firm to perform all relevant procedures for setting up 100% foreign owned company with business function of distributing such cosmetic products,

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:

Question: I am foreign poeple, I would like to establish a company in Vietnam, please advise which steps I have to follow: Answer: In accordance with Vietnam Law on Investment 2014 and Law on Enterprises 2014, if you are foreign people and would like to set up a company in...

First of all, we –SBLaw Company Limited (SB Law) – would like to give you and your Company our warmest greetings. Through the preliminary discussion with you, it is our understanding that your company(hereinafter referred to as “Client”) is in need of consulting and supporting in implementing the procedures foramending...

In case the foreign company intends to change head office’s address of Investment Certificate. SBLaw would like to advise as follows[...]

Question: Our company opened representative office in Vietnam, could SBLAW send us the quotation for these services of post-licensing procedure? Answen: Regarding your request, S&B Law hereby would like to charge 200USD (exclusive of 10% VAT) for covering the following tasks: 1) Declaration on Initial Personal Income Tax Procedure; 2) Registration of...

Question: Regarding to our phone conversation,I am sending you the data. The company: founded: May. 2015. present owners: Vietnamese citizens. business activities: 6201 (Main) Computer programming 6202 Computer consultancy and system administration 6209 Other information technology and computer service activities 6311 Data processing, hosting and related activities 6312 Web portals 5820 Software publishing 4651 Wholesale of computer, computer peripheral equipment and software 4652 Wholesale of electronic and telecommunications equipment...

Representative Office (R.O) needs to submit in writing the annual report to Department of Industry and Trade by January 30th, 2015.  (Article 19, Decree no. 72/2006/ND-CP detailing the Trade Law's regulation on Rep.Office, Branch of foreign businesses in Vietnam provided that, prior to the final working day of January, R.O has to report...

Foreign investor: We are a Hong Kong based company and would like to set up a representative office in Vietnam. I would appreciate if you could answer my following questions please: 1. Can you please confirm whether it is possible for a Hong Kong registered company to open a representative...

Question: Our startup has 3 founders, what kind of paper and share do we need to do? In future, if we want increase stock share of a founder / employee because he did a great job, how can we do that?