Doing business in Vietnam

Question: We were asked to provide a company (the “Client”, i.e., the Issuer) in preparation for IPO in Hongkong with a consolidated fee quote for acting as the Issuer’s counsel. Because the Client’s primary operating subsidiary is in Vietnam (the “Vietnam Subsidiary”), we will have to work with a Vietnam law...

The establishment of the foreign invested company (hereinafter referred to as the “NewCo”) requires an Investment Certificate from the licensing authority[...]

Real estate management service is listed as one of real estate business that foreign investors are permitted to carry out in Vietnam[...]

We understand that your customer is now seeking legal advices for establishment of wholly foreign invested company for import, trade and export of products having HS Codes No. 7214; 7216; 7219; 7220; 7221; 7222; 7225; 7228; 7304; 7306; 7409; 7411; 7505; 7506; 7507; 7604; 7608; 8108 and 8311 in...

Question: It's my great honor to know you through the Internet. Our company is located in Hongkong, which is dedicated in management consulting, registration. And now there is a client from our company who wants to establish a company in Vietnam . Therefore, I have some questions to consult you and wish you can help us. 1.How many shareholders for start-ups will required?If there any nationality or domicile will required? 2.How many directors for start-ups will required?If there any nationality or domicile will be required? 3.How much registered capital for start-ups will required?Do the clients deposit the money in the company`s bank account? 4.Whether office agency requires a practical office address? 5.What materials my client must provide when the shareholders are individual ? Could you give me a checklist? 6.What materials my client must provide when the shareholders are as a company ?Could you give me a checklist? 7.Need all materials my provide be notarized ? 8.How long does it take to complete registering a office agency? 9.After setting up company,what materials my client will obtain?please tell me detail? 10.How much will you charge for the company registration, and what kind of service will be included? 11.Is there any tax required? If my client wants to...

Question: Greeting from Thailand. We are a Thai company, manufacturer and brand owner of leading health-herbal food and supplements products, many brands are no.1 in Thailand. Currently, we are in the process of exploring business opportunity to introduce some of our product lines to Vietnam market. We have done in-depth market studies and have...

Question: Our company would like to close the foreign representative office in Vietnam. Please quote. Answer: We understand that your company in abroad (hereinafter referred to as “Client”) is now considering closing its Representative Office in Hanoi, Vietnam (hereinafter referred to as “RO”). We therefore would like to send herewith our...

(a) Export processing enterprise means an enterprise that is established and operates in an export processing zone or exports all its products and operates in an industrial zone or economic zone.

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...

M&A is a mechanism used by companies in order to expand its range, share market or to capture markets. Nonetheless, when M&A conducted, parties must be aware of legal status of companies that they wish to purchase and necessary procedure as well.