Vietnam Company Establishment

SBLAW would like to provide some information on possibility of establishment of 100% foreign-invested company in Ho Chi Minh City, Vietnam as follows: A.   SPECIFIC QUERIES ON ESTABLISHMENT OF A LIMITED LIABILITY COMPANY I.   SETTING UP A 100% FOREIGN-INVESTED COMPANY IN HO CHI MINH CITY It is our understand that...

This is reference to our discussion from which we were requested to advice for a Singapore Investor (hereinafter referred to as “Client”) to set up a 100% foreign invested company manufacturing wood pallet. We are grateful to set our legal services proposal for your review and consideration as follows: 1....

In this case, we understand that the FIC that the Client intends to setup shall (i) implement import and export right against electronic products and (ii) manufacture electronic products in Binh Duong Province.

Question: Hi, I have question: Is it wise for the CEO of a company to also be Chairman of the Board? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: Technically, CEO and Chairman are NOT compulsory to...

The establishment of Company (NewCo) requires an Investment Certificate from the licensing authority[...]

Supplementation of business activities and investment objective is considered as expansion of investment project. According to our practical experience, in case the Foreign Owned Company would like to expand scope of business activities, particularly, the approval shall very much depend on following factors: Audited Income Statement of the Client in...

Investor: Respected Sir/Madam, I am a Hongkong citizen. I am looking to set up business under Sole Proprietorship with 100% own share in the field of restaurant. Can I do this type of business in Vietnam and what will be the capital requirements? Thanks and best regards. Lawyer of SBLAW:Under Vietnam Law,...

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.

Question: Dear sir, I am managing to have a business in Vietnam, but I wonder which business structure should I choose? My budget fluctuates around 1 billion VND? Answer: SB Law appreciates your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: Before starting any...

To implement the plan of business expansion in Vietnam, foreign invested company (FIC) has to amend of its Investment Certificate in Vietnam authority[...]