Doing business in Vietnam

Question: We are Singapore logistic company, we have a question as follow: Can foreign investor set up a 100% owned foreign logistic company (road transportation service)? Answer: It is noted that Vietnam Law officially remove foreign ownership limitation in the logistic services sector. However, this change is only applicable to several...

This is reference to our discussion at our office on last week, from which, we understand that you would like us to advise on establishment of 100% Foreign Invested Company (hereinafter referred to as “FIC’) which is owned by foreign company (herein after referred to as “Client”) in Vietnam. We...

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...

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...

Investor: We are currently looking into changing our structure from a rep office to a wholly foreign owned  Vietnamese company. Can you run me through step by step what needs to happen if we decide to proceed. I thought you would be the right person to know. Lawyer of SBLAW:Thank...

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: Our company opened representative office in Vietnam, could SBLAW send us the quotation for these services of post-licensing procedure? Answen: Regarding your request, S&B Law hereby would like to charge 200USD (exclusive of 10% VAT) for covering the following tasks: 1) Declaration on Initial Personal Income Tax Procedure; 2) Registration of...

Question: We're are MLM company in USA and we would like to know if you are able to apply MLM license in vietnam. Please advise this. Answer: Thank you for your interest in SBLaw's services. I am lawyer, who was trusted to provide legal advice to you. By this letter, we would...

QUESTION: Since forming the new company in Vietnam, how to prove the invested capital and how to use them since no need to mark actual deposit to the bank account?

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...