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Doing business in Vietnam

IP patents ownership after merging

Question: My company will merge with another company, in fact they will literally buy our. But my company has a few IP patents. If we merge, how will that affect the ownership of these patents? Answer: SB Law appreciate your interest in our legael consultant services. Regarding your question, we would like...

Setting up 100% foreign owned company with business function of distributing cosmetic products

Having known that foreign investor (hereinafter referred to as “The Client”) is planning to develop the project of distributing cosmetic productsand 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,

Establishment of investment fund in Vietnam

Question: Dear Attorney. May I have a question as follows: May foreign investor(s) establish an investment fund in Vietnam? If yes, (i) what is the possible form of that foreign invested fund, and (ii) what is the procedure to establish this fund? Answer: SB Law appreciate your interest in our...

Transfering the common shares to the co-founder.

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.[...]

Legal opinion on whether a Vietnamese Citizen is under the status of individual bankruptcy

This is reference to your emails from which, we understand that your company (hereinafter referred to as “Client”) would like us to issue a legal opinion on whether a Vietnamese Citizen is under the status of individual bankruptcy and whether he has the powers and authority to execute an...

Establishing a freight forwarding/logistics company in HCMC

Investor: Dear Sir, I am a UK national and I am evaluating the possibility of establishing a freight forwarding / logistics company in HCMC. This would be on a joint venture basis with a Vietnamese partner. Please advise approximate cost for registering such a company Lawyer: Thank you for your email...

Tax Audits and Penalties

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.

Request for information about set up company

Question: We are a Mauritian based group and we are interested to explore business opportunities in Vietnam. We expect to travel to your country in January /February 2017. We are involved in tourism sector ( inbound tour operator specialized in Italian and French markets) , Event managements ( organization of,...

Establishment of wholly foreign invested company for import, trade and export of products

We understand that your customer is now seeking legal advices for establishment of wholly foreign invested company for import, trade and export of products having HS Codes No. 7214; 7216; 7219; 7220; 7221; 7222; 7225; 7228; 7304; 7306; 7409; 7411; 7505; 7506; 7507; 7604; 7608; 8108 and 8311 in...

Company formation for financial management consulting services.

According to Vietnam-WTO Commitments, foreign investor is allowed to setup foreign owned company in Vietnam to provide financial management consulting services (CPC 89502)[...]