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 […]
After the merger of provinces and communes, is a company required to register a change of its address due to changes in administrative boundaries
Question: Recently, many localities across the country have implemented the merger of provinces and communes to streamline the administrative apparatus. This has led to changes in administrative boundaries, raising several legal questions for businesses. Therefore, I would like to ask: Is a company required to register a change of its business address when administrative boundaries […]
SBLAW Newsletter for Week 1 of July (30/6/2025 - 04/7/2025)
SBLAW is pleased to present to our valued readers the Law newsletter for Week 1 of July (30/7/2025 - 04/7/2025) with the following main contents: 1. Enterprise Decree 168/2025/ND-CP: New rules on business name registration from July 1, 2025. Duplicate/confusing names not allowed. Circular 68/2025/TT-BTC: Issued 80 templates for business registration and 28 templates for […]
SBLAW Newsletter for Week 3 of June (26/06 - 30/06/2025)
SBLAW is pleased to present to our valued readers the Law newsletter for Week 3 of June (26/06 - 30/06/2025) with the following main contents: LABOR Decision 640/QD-BNV of 2025 announces new and repealed administrative procedures in the field of overseas labor management under the management authority of the Ministry of Home Affairs. COMMERCE Directive […]
Legal Newsletter - Week of June 23 to June 27, 2025
SBLAW is pleased to present to our valued readers the Law newsletter for Week 4 of June (23/06 - 27/06/2025) with the following main contents: 1. INSURANCE Decree No. 158/2025/ND-CP guiding the implementation of the Law on Social Insurance regarding compulsory social insurance Decree No. 159/2025/ND-CP, detailing and guiding the implementation of certain provisions of […]
Procedure for Changing the Head Office Address of a Foreign-Invested Limited Liability Company
Our company plans to relocate its head office to a new address. What legal procedures are required? Answer: When a foreign-invested enterprise changes its head office address, both the Enterprise Registration Certificate (ERC) and the Investment Registration Certificate (IRC) must be amended, especially if the relocation involves moving to another province or city. The procedures […]
Post-Tax Profit Distribution in a Foreign-Invested Company
After the company earns a profit, we wish to distribute the profit to the capital-contributing members. Are there any regulations we should be aware of? Answer: The distribution of profits in a limited liability company with foreign investment must comply with the following principles: 1.1. Conditions for Profit Distribution: According to Article 69 of the […]
Change of Capital-Contributing Member in a Multi-Member Limited Liability Company with Foreign Elements
We wish to transfer our capital contribution to another investor. What is the legal procedure for doing so? Answer: The transfer of capital contribution that results in a change of members in a foreign-invested company involves the following steps: 1.1. Verification of Eligibility of the New Foreign Investor: If the new investor is a foreign […]