Incorporation of Vietnamese Company
Question: We are company from Singapore and would like to engage a professional firm for incorporating a new company in Vietnam. Please advise the followings: (1) the procedures of the company formation; (2) estimated time required for the company formation; and (3) whether it is necessary for us to visit Vietnam in order to complete the procedures. Kindly […]
Create 5 companies in Vietnam
Question: We are international renewable energy development company. We are starting our activities in Vietnam, we want to create 5 comapanies, all shares would be owned by USA company. What would be needed to do it? and price? Answer: I am Lawyer of SB Law. I was entrusted to provide you legal advice regarding to […]
Company formation Query in Vietnam
Question: My business associate and I are exploring the possibility of creating a company with a Vietnamese partner. I would like to find out the requirements to do so including costs and benefits, whether there is a minimum investment required and are we as foreigners entitled to resident cards if we do form a company? […]
Advice on closing representative office
Question: We are in process of liquidation and close of AB Projects as its project term was expired. AB Projects is a wholly foreign owned company having 2 rep offices in Hanoi and Ho Chi Minh city. In order to close AB Projects, we need to close the 2 rep offices first. What we have […]
Advice on Termination Labour Contract
Question: Can you give me some information regarding terminating of a labour contract. As an exmployee what rights do I have if my employer terminates my employment after signing a 12 month contract. Answer: Regarding your queries, please find the hereunder our opinion for your references. As per the information provided by you, your employer and […]
Advice on Representative office
Question: Our company want to employ one people in Vietnam for liaison/ seeking business opportunity. Is it necessary for us to set up a RO for this purpose? What are the details we need to beware if we need to set up a RO/hiring people (i.e. employment contract, tax issues (Personal Income Tax), social insurance, […]
The enforcement of International commercial arbitration court at Trading-industrial chamber of Ukraine on the territory of the Vietnam
Question: I am representing interests of the company from Ukraine. In 2013 year our company worked with a company from Vietnam (is locating in Ha Noi). Relations between companies led to negative results, we had to apply to the International Commercial Arbitration Court at the Chamber of Commerce of Ukraine (the trial was stated in […]
Comestic product registration in Vietnam
Question: We would prefer to hold the product rights ourselves depending on the cost of the whole project. Could you advise on the following: What are the risk & cost for using an importer, distributor or agent to distribute our products? Would you be able to recommend us any importer, distributor or agent in Vietnam? […]
Formation company in Vietnam
Question: Please explain us how to incorporate Ltd. company in Vietnam. Price and term? Shareholders will be non residents of Vietnam. Do you have nominal Vietnam shareholder of Director? Is this possible to have non-resident Director ? Tax regime? What about currency exchange regulation? Business is import of cosmetics to Vietnam. Also we need to understand […]