Legal Advice on the Procedure for Termination of Tax Code Validity for Branch Closure
Question: We are currently in the process of applying for the termination of the tax code validity in order to close our Ho Chi Minh City Branch. However, upon submission, the Tax Officer advised us to reconsider as the closure of the HCMC Branch may give rise to the following two issues: 1. Temporary exit […]
SB Law – Legal Representation for a Hong Kong Client in a Dispute over a Deposit Agreement for Apartment Purchase
In the context of Vietnam’s growing integration and economic development, the real estate market has emerged as an attractive destination not only for domestic investors but also for many foreign individuals and organizations. However, alongside its potential, the market also presents various legal risks—particularly for foreign investors who may not be fully familiar with Vietnam’s […]
SBLAW Newsletter for Week 2 of July (07/7/2025 - 11/7/2025)
SBLAW is pleased to present to our valued readers the Law newsletter for Week 2 of July (07/7/2025 - 11/7/2025) with the following main contents: 1. Taxes – Charges – Fees Decree No. 199/2025/ND-CP – Amendments to Export and Import Tariff Schedules Adjusts preferential import tariff rates for several items: Tin-mill blackplate (TMBP) steel: 0% […]
Consultation on the Retail Rights of an Enterprise with an Alcohol Distribution License
Question: Our company has been granted a liquor distribution license. Currently, we are selling liquor by bottle to individual customers and retail stores, without opening bottles to sell by the glass, as in bars. Is this business model in compliance with the contents of our license? With our existing liquor distribution license, are we allowed […]
Are service contracts and collaborator agreements subject to compulsory social insurance contributions from July 1, 2025
Question: Dear SB Law, our company has recently signed a collaborator agreement. Does this type of agreement fall under the scope of compulsory social insurance contributions pursuant to the 2024 Law on Social Insurance? Answer: According to Article 2 of the 2024 Law on Social Insurance (effective from July 1, 2025), "collaborators" working for the […]
Investment and business operations in the United States
Question: Our company intends to establish a company in the United States and assign employees from Vietnam to work at the newly established entity. Kindly advise us on the legal procedures and requirements that must be fulfilled both in the United States and in Vietnam in order to achieve this objective. Answer Establishing a Company […]
Storing accounting documents by electronic means
Question: Our company intends to store accounting documents by electronic means. Therefore, in order to achieve this objective, we kindly request SB Law to assess the potential advantages and risks that may arise from electronic storage of accounting records, as well as to advise us on the method of digital signing for each type of […]
PROCEDURES FOR RENEWING THE LICENSE TO ESTABLISH A REPRESENTATIVE OFFICE OF A FOREIGN TRADER IN VIETNAM
What are the procedures for extending the License to establish a representative officea after 01/06/2025 ? Answer Conditions for extension of license to establish representative office of foreign trader in Vietnam At least 30 days prior to the expiry of the license, the applicant shall apply for extension of the License for Establishment of the […]
ESTABLISHING A 100% FOREIGN-OWNED COMPANY IN THE FASHION RETAIL SECTOR
I am a foreign investor planning to establish a single-member limited liability company (100% foreign-owned) in the field of fashion retail in Vietnam (including clothing, footwear, accessories, etc.). According to current Vietnamese laws, am I allowed to establish a 100% foreign-owned single-member LLC in this sector? If so, what legal procedures must be followed, and […]