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Doing business in Vietnam

Tax Audits and Penalties

Tax audits are carried out regularly and often cover a number of tax years. Prior to an audit, the tax authorities send the taxpayer a written notice indicating the time and scope of the audit inspection.
Foreign ownership

Q&A: Foreign ownership restriction in the transportation sector might be loosened

Q: Do you think there will be a chance that foreign ownership restriction in the transportation sector might be loosened at least towards investors from ASEAN countries following AEC integration? A: According to my opinion, AEC shall not help much in this case. Purpose of AEC is to create an...
Questions relating to our representative office in Ho Chi Minh City, Vietnam

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...

Formation of Shipping Agency/Freight Forwarding Services Company in Vietnam

In case the foreign investor would like to set up a foreign invested company providing Shipping Agency / Freight Forwarding Services in Vietnam, they should consider the legal aspect as follow[...]

Company and Product registration

Client: We are  a manufacturer of generic drugs and are into human formulations and Vet medicines We are Supplying Medicines to all top Govt Hospitals in India and our major share of business is from institutional sales ( Govt Tenders) . Please send us the list of documents required to...
Lawyer-Hoa-of-SB

Formation of Vietnam Company for Foreign Investor

Under Vietnam Law, foreign investor is allowed to setup the Foreign Invested Company (FIC) in Vietnam for conducting business activities for profit making purpose[...]
SBLAW consulted to M2’s fashion

Setup a MLM Company in Vietnam for distribution of cosmetic and nutrition products.

SBLAW understands that foreign investor intends to setup a MLM Company in Vietnam for distribution of cosmetic and nutrition products, we would like to provide some legal information as follows:
Bank

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:
Package fee for opening representative office in Vietnam.

Package fee for opening representative office in Vietnam.

SBLAW would like to provide foreign investor the package fee for for opening representative office (RO) in Vietnam as follow: - Obtaining License for establishment of RO: 1,200USD. - Declaration for commencing operation of RO: 150USD. - Placing announcement of establishment of RO, obtaining Tax Code Certificate, Seal Sample of RO: 150USD. -...

Procedures of buying stocks from Vietnamese companies

Question: Hi lawyer, I have a question. As a foreign investor, I want to buy stocks from a Vietnam Jsc. Thus, I want to ask you: Do I have to send application to DPI? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to...