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Doing business in Vietnam

Opening company in Vietnam

Question: I am interested in opening a small company for the production of design projects 3d. What documents are needed? You are helping the company opening? Founders 2 people. I'm a foreigner. What is the cost and how soon? Answer: This is reference to your email below. I am Lawyer of...
Open company VietNam

Open company

Investor: Hi, We are a recruitment company in Singapore and would like to open a branch in Vietnam. Could you please let us know the process and cost? Thank you & best regards Lawyer: This is reference to your email below. We understand that you intend to setup a branch in Vietnam...
Representative Office in Vietnam

Brief information on Representative Office in Vietnam

Representative Office is an option for Foreign Investor who wishes to conduct market research, trade promotion etc in Vietnam. Depending on business sector of the parent companies abroad, conditions and procedure for setting up representative office in Vietnam may be different. Up to now, Vietnam Law only stipulate conditions and procedures...
Legal service for company in Vietnam

Legal service for company in Vietnam

Client: Dear SB Law, We are a foreign-owned automobile manufacturing company, which established in 1993 in Vietnam. Now, we would like to (i) re-register our company to operate in line with new Laws on enterprises and investment of Vietnam; (ii) expend the current business scope; (iii) extend the term of its...
Custom Duty for foreign contractor in Vietnam

Legality of designing gaming solution for wagering online sports

SBLAW would like to provide legal opinion regarding to the legality of designing gaming solution for wagering online sport as below: 1.  SPECIFIC COMMENTS ON THE LEGALITY OF THE PROJECT  1.1. Legality of designing game online It can be said that there is no complete legal framework for online gaming...

Choosing business structure

Question: Dear sir, I am managing to have a business in Vietnam, but I wonder which business structure should I choose? My budget fluctuates around 1 billion VND? Answer: SB Law appreciates your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: Before starting any...

Nominee company in Vietnam

Foreign investor: Can foreign investor set up company nominee? Lawyer: It is possible for setting up such company under the name of a Vietnamese Partner. However, please note that you should carefully study potential risk of this form as Vietnam Law does not recognize nominee structure. In the worst case, foreign investor...

Amendment of Investment Registration Certificate supplementing business line of non-life insurance

Question: We are FDI company in Vietnam and would like to amend Investment Registration Certificate (“IRC”) and Enterprise Registration Certificate (“ERC’’) in order to reflect supplementing business line of non-life insurance, please advise? Answer: We refer with thanks to your call from which we were requested to assist you regarding amendment of...

Setting up warehouse services company in Hanoi

Question: I would like to set up warehouse services company in Hanoi I would like to know the process ie what type of license and cost of the licenses. Answer: In Vietnam, regarding to logistic services, you can setup 100% foreign owned company for providing (i) Warehouse services; (ii) Transportation Agency Service....
Legal service for company in Vietnam

Setting up a subsidiary of Korean company

We refer with thanks to your email from which we were requested to advice on possibilities of setting up a subsidiary of Korean company (“Client’) in Vietnam. It is our understanding that your company duly established in Korea and operating business in the field of auto accessories, is considering to...