Foreign Investment

The establishment of a Foreign invested company (FIC) in Vietnam requires an Investment Certificate from the licensing authority. Depending upon the location of the company, the licensing authority may be the Provincial People’s Committee (for companies located outside industrial or export processing zones) or the provincial Industrial and Export...

Investment project shall be subject to decision of Provincial People Committee[...]

We refer with thanks to the conservation from which we were requested to provide legal advices regarding to amendment of certificate of operation of a branch office of a foreign invested company in Hanoi to reflect change of address (hereinafter referred to as “Client”). We, therefore, are grateful to...

Client: Im interested in company formation in Vietnam. Can we incorporate several companies with nonresident director (from Europe, Romanian)? What are the conditions, how much it cost, terms? Can you open accounts for these companies? Can we open accounts in Vietnamese banks for example for Hong Kong companies? Lawyer: Thank you for your email...

It is our understanding that you are now considering possibilities of setting up a foreign invested company (FIC) for developing software in Vietnam.

I.Company incorporation in Vietnam requires an Investment Certificate from the licensing authority. Depending upon the location of the company, the licensing authority may be the Provincial People’s Committee (for companies located outside industrial or export processing zones) or the provincial Industrial and Export Processing Zones Management Authority (for companies located in industrial or export processing zones).

SBLAW refer with thanks to your email from which we were requested to advice on possibilities of setting up a foreign invested company for doing business of exporting of electronic waste and scrap metals having HS codes in Ho Chi Minh City or Hanoi City, Vietnam (hereinafter referred to...

Question: We are foreign investors intending to set up a retail business in Hanoi. We would like to know how much it will normally cost to engage your services in assisting us to incorporate a company and acquire relevant licenses (e.g.the Investment Certificate). We would be grateful if you may kindly provide us with a costs estimate.

Under Vietnam-WTO Commitments, F&B is classified to CPC 642. Accordingly, from 1st January 2015, Vietnam undertakes to open its market for foreign investors to setup foreign invested company for running F&B Business in Vietnam without strict accompanying requirements. According to our practical experience, in the year of 2015, licensing authorities...

In case foreign investor intends to set up a wholly foreign invested company in Vietnam for trading goods, we would like to advise as follows: