Q: I am interested in starting a coffee shop and coffee export business in Vietanam, I need suggestions from SBLAW?
A: This is reference to your email below. We understand that you intend to setup a foreign invested company for running a coffee shop and export coffee from Vietnam.
Our opinion in this matter is follow:
For exportation of coffee from Vietnam: You shall not face with much difficulty to get the license. However, you can only purchase coffee from trader licensed in Vietnam for export. You must not directly purchase coffee from farmers in Vietnam.
For coffee shop: This business activitie is classified to restaurant services. From the January 2015, Vietnam opens market of restaurant services to foreign investors. However, at presence, the competent authority seems cautious in granting license for foreign investors for conducting restaurant services business in Vietnam.
Thus, in order to provide you a reasonable legal service proposal, we shall need you to provide us several information.
– How much will you invest into your coffee shop in Vietnam? (Vietnam does not impose any minimum capital rate for this service. However, the proposed investment capital shall be one of important factors which impact on success possibility of the case).
– Where will you locate your business in Vietnam
– Will you plan to open coffee shop chain in Vietnam?
– Will you setup the company in Vietnam under your personal name or your parent company?
– What is your nationality (nationality of your parent company if you intend to register the company in Vietnam under the name of your parent company).
