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Doing business in Vietnam

Company Liquidation

Company Liquidation

Question:  Our company is a Vietnamese company, 100% invested by Singapore Mother Company. We are planning a closure of this company (liquidation) and would like to receive a legal opinion as well as performance fee and proposal for the service of company liquidation. Issues on legal opinion How to close the company...

Set up MLM Company in Vietnam

SB Law would like to provide our legal advice on establishment of MLM Company in Vietnam as follows:

Note on Invested capital in Vietnam company

QUESTION: Since forming the new company in Vietnam, how to prove the invested capital and how to use them since no need to mark actual deposit to the bank account?
Regarding-the-name-of-Representative-Office-in-Vietnam

Q&A: Regarding the name of Representative Office in Vietnam

Q: Can I check with you, for Representative Office in Vietnam, can I put PTE LTD or LTD or can not at all? A: Regarding the name of Representative Office in Vietnam, it should be followed the following format: THE REPRESENTATIVE OFFICE OF in Therefore, your representative office will be: THE...

Establishment of wholly foreign invested company in Thai Nguyen Province

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;

Setting-up a small food business in Vietnam

Question: On behalf of my boss, he would like to set-up a small 'Food' business in Vietnam. Is there anyway you could provide him with more details as in, the charges, steps, procedure, etc. Answer: I would like to refer you to the meeting from which we discussed on possibilities on setting...

Foreign Owned Formation Company as Paypal in Vietnam

We are considering now to establish a foreign owned instead of local entity company as Paypal. Can you please advise the procedure and documents needed to submit. Answer: For obtain license to act as Paypal, the minimum investment capital that you have to contribute in Vietnam is 2,500,000USD. After obtaining the Investment...

Transfering the common shares to the co-founder.

According to paragraph 5 of Article 84 of the Law on Enterprises "Within three years from the date of the certificate of business registration, a founding shareholder has the right to freely transfer its common shares to shareholders other up, but they can transfers.[...]

Step to set up company in Vietnam

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...
Bank Law consultancy in Vietnam

Bank Law consultancy in Vietnam

Since its establishment, SBLaw has been an important partner in the banking industries, serving many banking and non-banking credit institutions in Vietnam. Our highly skilled and experienced [...]