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...

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,...

Question: We are foreign company and would like to establish company operating in software programming in Vietnam, please advise? Answer: This is reference to your query on establishment of a 100% foreign invested capital company in Vietnam, from which, we understand that you would like us to advise on establishment of...

Client: We are  a manufacturer of generic drugs and are into human formulations and Vet medicines We are Supplying Medicines to all top Govt Hospitals in India and our major share of business is from institutional sales ( Govt Tenders) . Please send us the list of documents required to...

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...

(SBLaw) In this article, SBLaw would like to advise on possibility of forming a foreign invested company (hereinafter referred to as the “NewCo”) in Vietnam to provide information marketing services[...]

Question: We are FDI company and would like to design and supply a mobile application for telecommunication operators in Vietnam so that we can distribute value added services to their end users, please confirm whether this service is software development service under Vietnamese law? Answer: We understand that your company...

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...

Investor: We have been working together to open a JSC in 2012. We would like now to close the company. Could you please give us an estimation of your fees to cover all administrative procedures with authorities? Could you also please let us know a possible timeline.   Lawyer of SBLAW: Under the...

Question: We are foreign invested company and established on 2011, we were granted the certificate of Investment registration, now, we would like to amend the content of this document, but in new law, they mentioned the Certificate of enterprise registration, what is the difference between them? Answer: In November 2014,...