Vietnam Company Establishment

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...

Q: We are Testing, Adjusting and Balancing Company in Germany.We are eagerly interested in investment in Vietnam and be ready to documentation for Investment Certificate. Could you please let me know Business Line code? After installtion and operating facilities, we test, adjust and balance all facilities.It's sub-procedure of Engineering.Wating for your...

Question: It's my great honor to know you through the Internet. Our company is located in Hongkong, which is dedicated in management consulting, registration. And now there is a client from our company who wants to establish a company in Vietnam . Therefore, I have some questions to consult you and wish you can help us. 1.How many shareholders for start-ups will required?If there any nationality or domicile will required? 2.How many directors for start-ups will required?If there any nationality or domicile will be required? 3.How much registered capital for start-ups will required?Do the clients deposit the money in the company`s bank account? 4.Whether office agency requires a practical office address? 5.What materials my client must provide when the shareholders are individual ? Could you give me a checklist? 6.What materials my client must provide when the shareholders are as a company ?Could you give me a checklist? 7.Need all materials my provide be notarized ? 8.How long does it take to complete registering a office agency? 9.After setting up company,what materials my client will obtain?please tell me detail? 10.How much will you charge for the company registration, and what kind of service will be included? 11.Is there any tax required? If my client wants to...

Question: Hello attorney, I have a question: Can a foreigner be representative for a Company in Vietnam? Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows: Legally, our principal do not ban foreign from being a Company’s representative....

In order to assist foreign investor (hereinafter referred to as “Client”) to establish 100% foreign owned enterprise with the business function of construction consultancy (including designing and supervising consultancy) in Vietnam, SBLaw (hereinafter referred to as “Consultant”) would like to provide the Client with such services.

This is with regards to your email from which a Korean Company (hereinafter referred to as “Client”) requested us to assist in setting up foreign invested company, (hereinafter referred to as “FIC”) in Vietnam. We further understand that upon establishment, FIC shall carryout import and supplying equipments or spare parts...

Investors will make their own decision on investment projects and be responsible for the accuracy, truth of investment registration contents, investment project documents and performing registered commitment.

The establishment of the foreign invested company (hereinafter referred to as the “NewCo”) requires an Investment Certificate from the licensing authority[...]

In Vietnam, Foreign Invested Company (FIC) can be divided into two following forms: (i) Wholly Foreign Owned Company wherein Foreign Investors shall own 100% capital of the Company and (ii) Joint Venture Company wherein Foreign Investor shall jointly setup company with at least one local partner. Generally, foreign investor is...