Doing business in Vietnam

We understand that you would like us to advise on establishment of a Joint Stock Company in which 49% is owned by local partner and 51% is owned by foreign investor (hereinafter referred to as “FIC’) in Hanoi, Vietnam. We further understand that upon establishment, the FIC shall export agricultural...

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...

Question: May I know which taxation needs to be declared if establish a RO  in Vietnam. Your help will be much grateful. Thank you. Answer: Under Vietnam Law, a representative office does not involve with business activities for purpose of making profit. Then, except for declaration of personal income tax for...

Question: I would like to enquire about setting up a foreign owned distribution company in Vietnam ((distribution of tyres). What are the costs like and is there a minimum paid up capital amount. Answer: I am Lawyer of SB Law. I was entrusted to provide you legal advice regarding to setting...

SBLAW provides legal advices for establishment of wholly foreign invested company (hereinafter referred to as “FIC”) for (i) importing and trading industrial machines and (ii) providing maintenance and warranties services for customers in Vietnam as follows;

SBLAW would like to update the new policy regarding to Payment Intermediary Service in Vietnam as follow: + Up to now, there are 25 enterprises granted License for providing Intermediate Payment Service. However, after conducting a comprehensive survey, SBV found that not many of them can totally rely on Intermediate Payment...

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.

Investor: I would like your advice on starting a joint venture (with a local partner) LLC in VN that imports foreign health products for local distribution and also export to other ASEAN countries. I will be the major shareholder. Can you briefly walk me through the legal processes and weigh...

SBLaw would like to give information for setting up a representative office of foreign company in Hanoi and Ho Chi Minh City (hereinafter referred to as “Company”) as follow:

Investors have to prepare these following dossiers to register an investment project in Vietnam: