Vietnam Company Establishment

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...

We understand that you would like us to advise on establishment of 100% Foreign Invested Company (hereinafter referred to as “FIC’) in Binh Duong Province for providing management consultant services. We are therefore grateful to present you hereinafter our Legal Services Proposal for your review and consideration.       SUMMARY OF BACKGROUND...

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,...

Client: Our company is IT company.Our client wants to establish company in Vietnam. Please tell me the details on establishment of a company in Vietnam. For example how long time establishment of a company and how much promotion expense etc... I hope we will do good business together Lawyer:We noted your email below....

Under Vietnam Law, foreign investor is allowed to setup the Foreign Invested Company (FIC) in Vietnam for conducting business activities for profit making purpose[...]

Question: We require a branch office to handle Quality control and all scheduling of customers orders. We do no shipments or import and export  and we are paid a fixed fee to our accounts overseas. Answer: We understood that you intend to setup an office in Ho Chi Minh City...

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

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...

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 want to set up joint venture company which is owned by Singapore Logistic Co., Ltd and a Vietnamese Partner in Binh Duong Province. Upon establishment, our company shall carry out business activities in the field of: (i) Transportation Agency; (ii) Warehouse Service; (iii) Forwarding Service; (iv) Loading Services;...