Doing business in Vietnam

We understand that a Vietnam company - local company (hereinafter referred to as “Client”) is now seeking legal supports in transferring 90% equity of this Company Limited to a Thailand Investor. We therefore are grateful to present you our Legal Services Proposal for your review and consideration. Under Vietnam Law, in...

Question: Is the Representative Office (RO) a kind of legal entity ? What is main function of the Representative Office (RO)? Could you please also let us know the fees and requirements to set up the RO?

We understand that you would like us to advise on possibility of setting up a foreign invested company (FIC) in Vietnam for importation of beauty products.

Legal service for the incorporation of the foreign invested company (FIC) in Vietnam is as follows:

In accordance with the information as provided by Client, we understand that you would like to establish a 100% owned foreign company for producing software in Vietnam According to the guidelines of Law on Investment 2014 and Law on Enterprises 2014, Client first needs to submit the dossier to apply...

Question: I would like to know more on how to open a company also to purchase an apartment in Vietnam after a new legislation passed in 2015 that permits foreigners to buy on lease agreement. In the process of this I presume that I need an account in Vietnam for...

(SBLaw) In case foreign university duly established and operating under the law of foreign country would like to setup a legal entity in Vietnam which shall act for the purpose of marketing and service promotion

Question: I would like to setup a tea factory in Son La or Thai Nguyen. Please advise. Answer: In order to setup a tea factory in Vietnam, the very first thing you have to do is to look for a suitable land lot for setting up the factory. For this purpose,...

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...

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...