Question: Our company is a wholly foreign-owned enterprise and is currently planning to cooperate with a Vietnamese company to jointly invest in and operate a nursing home providing elderly care services. May I ask whether the current laws of Vietnam allow foreign companies to participate in this field? Answer: According to Appendix I on the […]
Question: We are currently providing vehicle rental services (including drivers) on a monthly fee basis to serve clients across various provinces in Vietnam. At present, one of our clients plans to relocate a vehicle from Province A to Province B (with an approximate distance of 170 km between the two workplaces). However, due to personal […]
Question: Currently, the General Director and the Chief Financial Officer of our company (both of whom are foreigners) have been issued a confirmation that they are not subject to work permit requirements under the category of intra-company transferees, valid from May 15, 2025 to April 24, 2027. In this case, is our company permitted to […]
Dear Company, I would like to inquire: For our company that is preparing to produce and trade food products, what steps do we need to take to apply for Certificates of Food safety eligibility? Answer 1. Entities required to obtain the Certificate of Food safety eligibility: Food production and trading establishments must obtain a Certificate […]
Direct and indirect investment in Vietnam
The legal framework of Vietnam is largely favorable to both foreign and local investors after Vietnam’s accession to the World Trade Organization (WTO) on 11th
Find the good business attorney in Vietnam
S&B is one of the business law firms which have been recognized and highly appreciated by both international and local clients. With more than 40
Legal Consultation Services supplied by SB Law during operation of Foreign Invested Company
During the operation of Representative Office or Foreign Invested Company in Vietnam, SB Law can supply Legal Retainer Services. All Services will be rendered by
Some not for setting up Limited Liability Company in Vietnam
In case the foreign company wishes to carry out business activities in Vietnam for a long term and for the profit purposes, it shall be
Finding the best legal forms to do business in Vietnam
In case the foreign investor would like to do business in Vietnam, we strongly recommend you two options below for your consideratio: 1. Establishment of
Foreign Direct Investment (FDI) in Vietnam
Business activities One of the most important issues that foreign investors should take into account when investing into Vietnam is the business lines of the
Special Consumption Tax
Scope of application (SB Law) Special consumption tax (“SCT”) is applied to the production or import of certain goods and the provision of certain services,
Value Added Tax
(SB Law) VAT applies to the supply of goods and services for use in production, business or consumption in Vietnam. VAT is calculated on the
Corporate Income Tax in Vietnam (CIT)
(SB Law) CIT is levied on the taxable income of companies established in Vietnam including foreign invested companies. Taxable income for CIT calculated based on