Doing business in Vietnam

Under Vietnam Law on Enterprise, the at-law representative of a Company means an individual who represents the Company to exercise the rights and perform the obligations arising from transactions of the Company, and represents the Company in the capacity as plaintiff, respondent or person with related interests and obligations...

Question: We are FDI company and would like to design and supply a mobile application for telecommunication operators in Vietnam so that we can distribute value added services to their end users, please confirm whether this service is software development service under Vietnamese law? Answer: We understand that your company...

1. Legal opinion In our experience, Nondestructive Testing Services is one of the services that are belonged to the scope of CPC (Central Product Classification) 8676 and under the Vietnam’s WTO Commitment, foreign business entities engaging in this field shall only be permitted to conduct this business when they satisfy...

Q:  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...

We refer with thanks to your email from which we were requested to advise on possibilities of setting up a wholly foreign invested company (hereinafter referred to as “FIC”) for providing management consultantation services in Hanoi, Vietnam. Therefore, we are grateful to set our legal services proposal for your review...

Client: We are planning on registering our Rep office in Vietnam.  Please could you advise if you provide such a service and the cost plus the lead time. Lawyer: This is reference to your email below. I am Corporate Lawyer of SB Law. I was entrusted to provide you legal...

Foreign invested company (FIC) shall be the best choice for foreign investors if they wish to run business activities in Vietnam.

Question: Respectfully to attorney, I have a question. Is there any restriction for an investment fund to receive the investment from foreign investors and Vietnamese investors as per Vietnamese laws? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you...

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...

The applicable laws stipulate about Conditions for doing domestic travel businesses as follows: 1) Having domestic travel business registered at a competent business registry; 2) Having business plans for domestic tourist operations, offering tour programs for domestic tourists; 3) Operators of domestic travel business must have at least three years of experience...