Opening a company in Vietnam to export textiles products
In case you would like to open a foreign invested company (hereinafter referred to as the “NewCo”) in Vietnam to export textiles products. We, therefore, are grateful to present you our legal comments for your review and consideration. 1. BRIEF SUMMARY OF BACKGROUND Under Vietnam Law, the establishment of the NewCorequires an Investment Certificate from […]
Legal assistance with liquidation process of foreign invested company in Vietnam
In case the foreign invested company (FIC) would like to do liquidation process, S&B Law can provide legal assistance with following work stream as follows: Work Stream 1: Advice on liquidation process i.Assist with drafting various documents for submission to the relevant authorities in relation to the de-registration process, including but not limited to: Draft […]
Amendment of Investment Certificate for recording new legal representative of foreign invested company in Vietnam
In case the foreign invested company (FIC) would like to record the new legal representative, FIC has to amend investment certificate. SBLaw is qualified to provide this legal service with following works: i. Providing your company an overview of legal advices regarding to regulatory and administrative procedures for amendment of Investment Certificate; ii. Assist with […]
Establishment of branches for foreign invested company in Hanoi, Vietnam
The branch in Hanoi shall engage with travel agent and outbound and inbound business already registered by foreign invested company (Client) located in other province (for example Ho Chi Minh City). Thus, under Vietnam Law on Investment, establishment of such branch in Hanoi City shall not require new projects. We would like to present to […]
Obtainment of Investment Certificate in Vietnam
Under Vietnam Law, in order to setup a Foreign Invested Company including Wholly Foreign Invested Company and Joint Venture Company, Foreign Investor must apply for an Investment Certificate (hereinafter referred to as “IC”). IC shall be deemed as the Certificate of Incorporation of Foreign Invested Company in Vietnam. For obtaining an IC, you must prepare […]
Legal services in joint venture agreement review and preparation of corporate charter for the proposed joint venture project in Vietnam
Generally, with regard to Joint Venture Agreement Review and Preparation of Corporate Charter for the Joint Venture Company, our scope of work shall be as follows: SCOPE OF SERVICES Joint Venture Agreement Review Reviewing Joint Venture Agreement in line current Vietnam Law; Revising Joint Venture Agreement in order to best protect rights and interest of […]
Review and registration of the Internal Labor Rule in accordance with Vietnam labor Law
On 18 June 2012, after many drafts and much discussion, the long-awaiting amended Labor Code has adopted by Vietnam National Assembly with a large number of notable changes regarding to labor management policy in Vietnam (hereinafter referred to as “New Labor Code”). At the moment (November 2013), the New Labor Code has come into effective […]
Regulation on maintenance and repair services of foreign invested company in Vietnam
Under Vietnam’s WTO Commitment, maintenance and repair of equipment (not including maritime vessels, aircraft or other transport equipment) shall be only fully opened to wholly foreign invested company (FIC) at beginning the year of 2013. Under Vietnam’s WTO Commitment, maintenance and repair of equipment (not including maritime vessels, aircraft or other transport equipment) shall be […]
Opening branch of foreign invested company in other city of Vietnam
It is possible for foreign invested company (FIC) to setup a Branch in other city of Vietnam. However, it should be noted that in order to run the Branch, FIC must appoint a person as a Director of such Branch. For ease of reference, hereinafter is an overview roadmap of licensing procedures for registration of […]