Vietnam Company Establishment

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...

Question: We would like to set up company of freight transport agency services in Ho Chi Minh City, Vietnam, please advise the legal procedure? Answer: We refer with thanks to your email from which we were requested to advice on establishment of a wholly foreign invested enterprise (hereinafter referred to...

Having known that foreign investor (hereinafter referred to as “Client”) wishes to be provided with consultancy services in establishing a Joint Venture Company in the field of logistics in accordance with the Laws of Vietnam (hereinafter referred to as “JVC”)[...]

Client: I order your farm about my needs.   Needs   Establish local company by Vietnamese   About business license  1.Import cosmetic goods  2.Sell cosmetic goods at shop and human in Vietnam  3.Product cosmetic  4.Bottling cosmetic goods  5.Set up factory and get lisence  6.Operate beauty organization like school  7.Educate staff about beauty fields at like school(education service)  8.Send beauty care staff to shop...

Q: We are foreign investor and would like to set up wholly foreign owned company for trucking business, please advise the legal procedure and solution? We understand that your company intend to expand business operation into Vietnam Market through setting up wholly foreign owned company for trucking business. However, under Vietnam-WTO...

Question: We are Taiwan company and is now seeking legal advices for establishment of wholly foreign invested company  for (i) designing labels and (ii) selling labels in Vietnam, please provide legal advice? Answen:This is reference to the conservation between us, from which, we understand that your company (hereinafter referred to...

In accordance with the information as provided by Client, we understand that you would like to establish a 100% owned foreign company for producing software in Vietnam According to the guidelines of Law on Investment 2014 and Law on Enterprises 2014, Client first needs to submit the dossier to apply...

Question: As we are planning to source more products from Vietnam, we need to build up a local team that can work with 3rd party suppliers to ensure product quality and timely shipment. The initial thinking is that we want to setup a new entity in Vietnam near the Hochiminh...

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...

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.