Doing business in Vietnam

Question: To set up a foreign factory, what should I prepare? Answer:  Under Vietnam Law, for setting up a foreign owned factory, you shall be required to prepare an investment proposal for long term or medium term, in which you shall have to define location, productivity, investment capital, estimated turnover, profit...

Question: I'm a foreigner living in Thailand and my partner is Vietnamese living in Ho Chi Minh City, Vietnam. We are creating a company that provides web development via online e-commerce websites. Our plan is to establish a VN company as we will be hiring additional programmers later in Vietnam. What would...

Client: I order your farm about my needs.   Needs   Establish local company by Vietnamese   About business license  1.Import cosmetic goods  2.Sell cosmetic goods at shop and human in Vietnam  3.Product cosmetic  4.Bottling cosmetic goods  5.Set up factory and get lisence  6.Operate beauty organization like school  7.Educate staff about beauty fields at like school(education service)  8.Send beauty care staff to shop...

Question: We want to set up joint venture company which is owned by Singapore Logistic Co., Ltd and a Vietnamese Partner in Binh Duong Province. Upon establishment, our company shall carry out business activities in the field of: (i) Transportation Agency; (ii) Warehouse Service; (iii) Forwarding Service; (iv) Loading Services;...

SBLaw would like to provide some information for setting up a representative office of foreign company in Vietnam (hereinafter referred to as “Company”) as follows:

Under Vietnam Law, foreign investor can run its foreign investment project by either of establishment of foreign invested company or signing Business Co-Operation Contract with local partner or buying in an existing company.

Question: We are FDI company in Vietnam and would like to amend Investment Registration Certificate (“IRC”) and Enterprise Registration Certificate (“ERC’’) in order to reflect supplementing business line of non-life insurance, please advise? Answer: We refer with thanks to your call from which we were requested to assist you regarding amendment of...

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.

Question: I wish to set up a Vietnam company and I have the following concerns: Once the company is registered in the registrar, whether the individual directors and shareholders’identity will become public information that can be searched by anyone globally. Whether it is mandatory for a Vietnamese company to...

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.[...]