Ability and conditions of profit remittance applied for investment fund in accordance with Vietnamese laws
Question: Hi, I have a question: Can the investment fund remit the profit back to their foreign investors (subject to fulfilment of all tax obligations in Vietnam)?
Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows:
In terms...
Vietnamese people is allowed to play casino in accordance with the new Decree
On January 16, 2017, the government has promulgated Decree 03/2017/NĐ – CP of casino business. This Decree deals with business, management of the business and administrative sanction in casino business in Vietnam. Decree 03/2017 will take effect from March 15, 2017.
1. Business principles
Casino business is business lines subject to...
Setting up company for doing business of technical testing and analysis in Vietnam
SBLAW would like to give advice on possibilities of setting up a foreign invested company for doing business of technical testing and analysis in Vietnam as follows:
Company Registration for Trading Right in Vietnam
If you (foreign investor) are now considering possibility of forming a wholly foreign invested company in Vietnam. Upon forming, the company shall carryout the trading right over the massage machine and functional foods in Vietnam[...]
SBLAW’s experience in the field of representative office in Vietnam.
So far SBLaw has successfully obtained the Representative Office License and supported R.O’s matter for
ROCK SOLID SHEDS (Australian investor);
FITI TESTING AND RESEARCH INSTITUTE (Korean investor);
UBM (Thailand investors);
TOHKEMI (Japanese investor);
LEVI’S (Levi Strauss Global Trading Company – Hong Kong Investor);
TRI HK (Hong Kong Investor);
NETRUNNER SYSTEMS PRIVATE LIMITED, (Singapore Investor,),
PEGASUS ( Singapore...
Set up business under Sole Proprietorship with 100% own share.
Investor: Respected Sir/Madam, I am a Hongkong citizen. I am looking to set up business under Sole Proprietorship with 100% own share in the field of restaurant.
Can I do this type of business in Vietnam and what will be the capital requirements?
Thanks and best regards.
Lawyer of SBLAW:Under Vietnam Law,...
Establishing a Joint Venture Company in the field of logistics in Vietnam
Having known that foreign investor (hereinafter referred to as “Client”) wishes to be provided with consultancy services in establishing a Joint Venture Company in the field of logistics in accordance with the Laws of Vietnam (hereinafter referred to as “JVC”)[...]
Amendment of Investment Certificate with regard to the supplementary of Services in the field of Search Engine Optimizer (SEO
Question: We are FDI company in Hochiminh city and would like to amend Investment Certificate with regard to the supplementary of Services in the field of Search Engine Optimizer (SEO, please advise the legal procedure?
Setting Up Company in Vietnam
Client: Our Company intend to set up an office in Vietnam, may be you are able to advise us on this.
We are american Trading Company and has presence in USA (HQ), Malaysia, Indonesia, Thailand and China.
We would like to know the minimum paid up capital for setting up a...
Questions relating to our representative office in Ho Chi Minh City, Vietnam
Question: I have some questions relating to our representative office in Ho Chi Minh City, Vietnam.
1. How much the cost to close the representative office ?
2. Can we leave Rep Office dormant…if so, at what cost...?
3. Can we re-open the entity at our discretion as some point in the future….if so at...