Doing business in Vietnam

Q: Can a Representive Office open a bank account? If there any amount that need to maintain? A: Yes, the Representative office (R.O) can open bank account, that account is to receive expense from parent comapny only. No need to have any amount to maintain R.O ammount,

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...

Decree No. 89/2016/ND-CP on requirements applicable to business entities acting as currency exchange agents or providing foreign currency receipt and payment services is issued by the Government on July 01, 2015. Accordingly,  a  business  entity  is  entitled  to  act  as  a currency exchange agent only after it is issued with...

Question: Our foreign company from Japan intends to setting up a smart phone refurbish center in Da Nang City and need your assist for some advice. We are aware that import & selling of used mobile phone in Vietnam is restricted by the Vietnam government but we getting info that...

Client:  We want to open company in Vietnam, Ho Chi Minh City. Need some information:- 1. Import/Export Heavy machinery Company 2. 100% ownership. 3. Owner is Singapore & Hongkong National 4. How long take time to all procedure. 5. How much expenses for all license procedure including visa. 6. How much your professional charges. Thanks for enquiry. We...

Question: Please advise whether it is possible to allow greater flexibility in the business activities of the company in Vietnam (NewCo) to include businesses such as interiors and special projects, construction project management and sourcing services. Please let us know your estimated fee quotation for the company formation. Upon receipt of your reply, we shall...

This is relation to our conservations, from which, you requested us to provide legal advice on amendment of Investment Certificate of your company (Hereinafter referred to as “Client”) in order to move the head office address from Binh Duong Province to Ho Chi Minh City. We, therefore, are grateful to...

Investor is a French company and want to establish a foreign invested company (Hereinafter referred to as “FIC”) for providing market research in Vietnam, SBLaw would like to provide some information as follows:

We would like to provide some information on possibilities of setting up representative office in Binh Duong Province, Vietnam as follows:

If this joint stock company was established more than 03 years up to now, then any changing relating to its founded-shareholders; shares transfer among founded-shareholders or other person, etc must be declared and recorded in the Shareholder Registration Book of this Company only, without notification to pronvicial Department of...