The business item of foreign company

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Investor: Our foreign company wants to set up a company in HCM city.

 

The business item is below

1.     on-line English education

2.     publish fairy tale book

3.     sell and lend fairy tale book

Can you handle this?

If so, please let me know the schedule, process and service fee.

 

Lawyer of SBLAW: Under Vietnam Law, foreign investor can not involve with publishing of book and selling book. Thus, the business in number 02 and  03 can not be registered.

 

For the Business Activity in number 01, Vietnam Law does not have any particular provision on this matter.

 

However, according to our study, it can be classified to content digital service.

 

We shall need to know exactly how your client run this business in Vietnam. Then, we shall consult with competent authority  to confirm.