Doing business 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.

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...

In order to form a company in Vietnam (NewCo), the foreign investor have to prepare the following documents[...]

Question: We are the FDI in Vietnam, we would like that SBLAW may support the Company with the supplement of Company’s business lines of import and wholesale and retail of new and used cars (hereinafter is referred to as “Business Lines”). Answer: SBLAW would like to advise as follows: I. OUR...

In case that foreign investors want to bring the investment capital or benefit of the investment out of Vietnam, it is highly recommended that the cash flow should be sent from abroad to a Vietnam Company’s account.

Having known that foreign investor (hereinafter referred to as “The Client”) is planning to develop the project of distributing cosmetic products and wishes to engage a Vietnamese law firm to perform all relevant procedures for setting up 100% foreign owned company with business function of distributing such cosmetic products,

Question: I would like to know how much it would cost to open and close the representative office in HCMC, Vietnam. I need to gather all information for my management to make decision. Answer: This is reference to your email below. Our professional fee for opening/closing a representative office in Vietnam...

Establishment of a pure local company in Vietnam is rather simple. For this option, Client shall have to appoint at least one local partner to act as owner of the pure local company.

Client: I am an American citizen wishing to register a new company here in Vung Tau. The business is consultancy for project construction. I have an office location already. I carry no overheads other than the office rental and my own accommodation. I simply wish to be registered and request the...

Question: I would like to know more on how to open a company also to purchase an apartment in Vietnam after a new legislation passed in 2015 that permits foreigners to buy on lease agreement. In the process of this I presume that I need an account in Vietnam for...