Doing business in Vietnam

SBLAW understands that Client would like to amend its Investment Certificate to include warehousing services based on un-used redundant leased space area, thus, we would like to advise as follows:

Investor: Dear sir, We are textile group company engaged in cotton ,cotton yarn ,fabric and garment business. we started to develop vietnam market 3 year ago, and now our company want to establish a agency in vietnam .. so can you give me some advice !? Expect to have your...

Question: We are a fellow corporate service provider from Hongkong. We have a client from Hongkong who is looking to setup a business in Vietnam. They’re a shopping mall operator (Like WeWork, they lease from landlord, and sublease to tenants). Is incorporation and the respective compliance be something you and your team...

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.

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...

Can we create a local Vietnam company with 100% ownership if we get a longer term job opportunity in Vietnam?

Under Vietnam Law, you can establish Foreign Invested Company (FIC) for exporting goods from Vietnam. However, we also would like to note that goods to be exported from Vietnam must not include rare and valuable seafood such as European Otter, hairy-nosed otter, smooth-coached otter, small-clawed cotter and golden coin turtle.

Foreign investor: Can foreign investor set up company nominee? Lawyer: It is possible for setting up such company under the name of a Vietnamese Partner. However, please note that you should carefully study potential risk of this form as Vietnam Law does not recognize nominee structure. In the worst case, foreign investor...

We understand that your company (hereinafter referred to as “Client”) is now seeking legal advices for adjustment of Investment Certificate regarding changing its legal representative. We therefore are grateful to present you our Legal Services Proposal for your review and consideration. 1. INITIAL ADVICES In our experience, in order to change the...

Entrepreneurs wish to incorporate and register a new firm in Vietnam, SBLAW would like to provide some information about Forms of ownership of a small business in Vietnam as follows: