Expanding the business services of the company with foreign investment

Expanding the business services of the company with foreign investment

Question Our company, with 100% investment from the Netherlands, is currently operating in Ho Chi Minh City. We are planning to expand our business activities in the field of providing employment services and payroll calculation. May I ask if we can expand the scope of business activities as mentioned above?   Answer: Regarding the two […]

Yoga studio operational requirements

Yoga studio operational requirements

Question: I currently want to establish a yoga studio, can you tell me what requirements I need to meet? Answer: First you must establish a enterprise which registered business in the sports and fitness business and this enterprise must meet the following conditions: Qualified Personnel suitable with the operation content: Yoga instructors must meet one […]

Establishing a company in Cyprus

Establishing a company in Cyprus

Question: Our company, originally founded in Vietnam, is currently in the process of setting up a new company in Cyprus. To achieve this, what do we need to adhere to specific procedures. Answer: When establishing a company in Cyprus, the following steps need to be taken: Firstly, registering foreign investment at the Ministry of Planning […]

Transfer of shares procedure for foreign investors

Transfer of shares procedure for foreign investors

Question: Our company in Ho Chi Minh City is a Joint Stock Company with 3 Vietnamese shareholders. The company does not own land, and currently, all shareholders want to sell all shares to three new shareholders (2 Vietnamese and 1 British). I would like to ask what procedures the company needs to follow? Answer: According […]

Registering foreign loan application.jpg

Registering foreign loan application

Question: Our company (100% Vietnamese capital) plans to obtain a long-term loan of $500,000 from another company in the Philippines for business purposes. I would like to inquire about the procedures that the company needs to follow before borrowing. Is there a need to open any specific accounts to receive the loan funds? Answer: Firstly, […]