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Brief-information-on-Branch-Office-in-Vietnam

Brief information on Branch Office in Vietnam

Under Vietnam Law, foreign company can also establish the Branch Office to carry out business activities in Vietnam. However, this form is not very popular in practice except for branch office of foreign law firms, foreign bank and insurance company. With respect to the foreign trade companies and foreign tourist companies,...

Legal note regarding investment on beer manufacture of foreign investor in Vietnam

This Legal note contains the results of the legal review on investment on beer manufacture of foreign investor in Vietnam. SB Law has evaluated and considered the requirement of Client and also reviewed Document on Planning for development of Vietnam’s Beer – Alcohol – Beverage Industry by 2025 and the...

Transfer 100% equity in International Training Centers to a Vietnamese Citizen

Investor: We have a two 100% owned foreign companies in Hanoi and HCMC. Currently these 2 companies are ‘dormant’ in their activities. We have a local Vietnam individual who intend to buy over the companies and intend to convert it to a local entity. We require lawyers in hcmc and Hanoi...

Legal due diligence report in respect of Vietnamese Entity

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...

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.

Vietnam’s legalization of betting business

On Jan 24, 2017, The Government has promulgated Decree 06/2017/NĐ – CP on betting business of horse race, dog race and international football. This Decree will take effect from March 31, 2017 and therefore the betting business of horse race, dog race and international football will officially legalized. Some...

Transfering the common shares to the co-founder.

According to paragraph 5 of Article 84 of the Law on Enterprises "Within three years from the date of the certificate of business registration, a founding shareholder has the right to freely transfer its common shares to shareholders other up, but they can transfers.[...]

Open Logistic company for transportation road service in Vietnam

Client: Logistic company, is transportation road, we distributing with truck and the goods is coal, from Cambodia to Vietnam. Please advise if that possible 100% investment foreign company. Lawyer: We understand that you would like to setup 100% owned company for providing road transportation logistics service in Vietnam. In order to provide...

Establishment of construction consultancy company in Vietnam

In order to assist foreign investor (hereinafter referred to as “Client”) to establish 100% foreign owned enterprise with the business function of construction consultancy (including designing and supervising consultancy) in Vietnam, SBLaw (hereinafter referred to as “Consultant”) would like to provide the Client with such services.
Investment consultancy

The branch establishment services in Vietnam

It is our understanding that your Company is in need of consulting and supporting for procedures of branch establishment in Hanoi for business and initial tax declaration for branch, SBLaw has sufficient capacity to provide to your Company the consulting services and support as above. [...]