Doing business in Vietnam

We are considering now to establish a foreign owned instead of local entity company as Paypal. Can you please advise the procedure and documents needed to submit. Answer: For obtain license to act as Paypal, the minimum investment capital that you have to contribute in Vietnam is 2,500,000USD. After obtaining the Investment...

SBLaw will support Client in drafting the Loan Contract which will be signed between a Vietnamese individual or the Company and a foreign individual with the object of this contract is foreign currency.

SB Law would like to share information foreign investor should be aware of when running a company in Vietnam, under Q&A as follows:   1/ What would be the best legal entity?   Among the most common and available investment vehicles to foreign investors including "company limited", "joint-stock company (shareholding company)", "business-cooperation contract",...

On January 4th 2021, The Government issued Decree 01/2021/NĐ-CP on Enterprise Registration. Enterprise Registration Dossier Language: Vietnamese In case the dossier contains documents in a foreign language, the dossier must have a notarized Vietnamese translation enclosed with the foreign language document. Personal legal papers: - Vietnamese citizen: Valid Vietnamese citizen Identification card or...

First of all, we –SBLaw Company Limited (SB Law) – would like to give you and your Company our warmest greetings. Through the preliminary discussion with you, it is our understanding that your company(hereinafter referred to as “Client”) is in need of consulting and supporting in implementing the procedures foramending...

We refer with thanks to your email today, from which we were requested to advice on establishment of a representative office in Hanoi of foreign invested company in Long An province (hereinafter referred to as “Company” or “Client”). 1.Setting up RePRESENTATIVE OFFICE OF FOREIGN INVESTED COMPANY IN HANOI The establishment...

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.

Investor: Glad to e-meet you. Please allow me to briefly introduce ourselves. We are a SGX-listed company providing business solutions to mobile network operators. Our headquarter is based in Indonesia and we are currently looking at several investment prospects in tech start-ups in Vietnam, investing through a company incorporated in...

Question: We are foreign company and would like to establish company operating in software programming in Vietnam, please advise? Answer: This is reference to your query on establishment of a 100% foreign invested capital company in Vietnam, from which, we understand that you would like us to advise on establishment of...

Under Vietnam Law, foreign enterprise can setup a branch office for conducting business activities in Vietnam. However, in practice, possibility for setting up a branch office of a foreign trading company in Vietnam is very low. Generally, upon submission of application dossier for setting up branch office in Vietnam, the competent...