Doing business in Vietnam

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...

Client: We are a commodity trading company based in Singapore. We are planning to open up a subsidiary in Vietnam. We do agriculture commodities such as: cashew nuts, soybeans, corns, sesame, mungbeans, groundnuts. We plan to set up in Ho Chi Minh. Please inform the necessary requirements , services provided along with...

Question: Are you able to incorporate a company for us? (ideally an Ltd, with one foreign shareholder and one foreign director) If so, tell me please how much time does it all takes, and what’s the total charge to it (your charges and all possible governmental charges) . Answer: Under Vietnam Law, during...

Question: One of my Korean client want to establish branch in Bac Ninh or other City Vietnam. This company has local company in HCMC but Parent company want to establish another branch in Bac Ninh area or other possible area in Vietnam. The purpose of this branch is such as agency for...

Question: Our company want to employ one people in Vietnam for liaison/ seeking business opportunity. Is it necessary for us to set up a RO for this purpose? What are the details we need to beware if we need to set up a RO/hiring people(i.e. employment contract(MOLISA), tax issues (Personal Income...

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: As we are planning to source more products from Vietnam, we need to build up a local team that can work with 3rd party suppliers to ensure product quality and timely shipment. The initial thinking is that we want to setup a new entity in Vietnam near the Hochiminh...

Question: I am foreign poeple, I would like to establish a company in Vietnam, please advise which steps I have to follow: Answer: In accordance with Vietnam Law on Investment 2014 and Law on Enterprises 2014, if you are foreign people and would like to set up a company in...

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...

Question: May I know which taxation needs to be declared if establish a RO  in Vietnam. Your help will be much grateful. Thank you. Answer: Under Vietnam Law, a representative office does not involve with business activities for purpose of making profit. Then, except for declaration of personal income tax for...