Doing business in Vietnam

We would like to inform you that the foreign traders who want to set up their representative office in Vietnam, they have to prepare some required documents as below: 1. Notarized & Legalized Business Registration certificate/incorporation certificate; 2. Notarized & Legalized Articles of Association; 3. Notarized & Legalized Audited Financial Statement of...

Question: I just open a new business in Vietnam and I would like to import some cosmetics products from Hongkong. However, I have noticed that there are lots of processes and filings I need to prepare and hence I would like to seek for your help to complete it....

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.[...]

Question: Currently,  we want to set up a company in Vietnam with 100% capital from Singapore.  As far as what I know, you are a service supplier in this field, please give me a guideline for the regulating conditions, the process in sequence, some notes and expected costs. I am looking...

Under Vietnam Law, it does not impose any minimum rate of capital for running shipping agency and forwarding services company. However, the Investor must be responsible for explaining possibility of running such company with his proposed capital. According to our practical experience, an amount of 200,000USD is reasonable rate for...

This is reference to your email from which, we understand that foreign company (hereinafter referred to as “Client”) is now seeking legal advices for establishment of a Foreign Invested Company (hereinafter referred to as “FIC”) for software production in Vietnam. We thereforeare grateful to present you our Legal Services...

Under Vietnam Law, foreign company can also establish the Branch Office to carry out business activities in Vietnam. However, this form is not very popular in practice except for branch office of foreign law firms, foreign bank and insurance company. With respect to the foreign trade companies and foreign tourist companies,...

Client: I'm managing an insurance brokerage LLC based in London. I'm advising expatriates with their international health insurance. My clients are expatriates based anywhere in the world and I am paid by commission directly from the insurance companies on my England business account so I don't have money flow outside...

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...

Vietnam Government classifies Multi Model Transportation Service into two forms: - Internal Multi Model Transportation Service - International Multi Model Transportation Service Under the Decree No. 87/2009/ND-CP of the Government, for providing International or Internal Multi Model Transportation Service, the Enterprise must satisfy following conditions: - Having assets or capital equal to 80,000SDR. It also...