Question: As we have increase requests for company formation and bank account opening in Vietnam, pls, can you send us information about:
1) Company incorporation in Vietnam for foreigners
2) Bank account opening for opened company
3) Bank account opening for foreign company (Singapore)
We are looking for a long term partnership in company incorporation & other legal services in Vietnam
Answer: This is a reference to your conversation below. I am Partner of SB Law. On behalf of SB Law, we welcome long term cooperation between two companies.
SB Law has been established and operating from 2008. Up to now, SB Law is recognized as one of the highly recommended business law firms in Vietnam.
We assisted a large number of clients both in Vietnam and overseas in the field of corporate, real estate, banking, finance, M&A, intellectual property and dispute resolution.
For incorporation of a company in Vietnam, depending on specific inquiries of each Client, we can assist:
+ Introduction of suitable place for setting up a factory in Vietnam.
+ Assisting Client to acquire target land lot for developing factories, office buildings, residential buildings, resort, golf course etc, including but not limited to working with relevant competent authorities to get approval for planning, construction drawings, land clearance, negotiations with individuals and organizations owning the target land lot etc.
+ Assisting obtaining Investment Registration Certificate and Enterprise Registration Certificate for setting up foreign invested companies.
+ Assisting obtaining sub-licenses for foreign invested companies operating in the conditional investment sectors.
+ Preparation of necessary legal documents for working with relevant competent authorities and other parties during the licensing process.
+ Assisting for opening a bank account.
Our legal service fee for setting up a foreign invested company shall very much depend on the complication of each case. For a straight-forward case in which Client does not need our support for obtaining a target land lot and does not operate in the conditional investment sectors, our legal service fee shall be around 3,500USD. The service fee is exclusive of VAT (8-10%), actual cost for translating documents from English into Vietnamese (10USD/100 words) and actual cost for our lawyer for traveling from and to Hanoi or Ho Chi Minh City.
For opening a bank account, our legal service fee is 100USD.
We do hope that the above information is helpful for you. If you have any further inquiries, please feel free to contact us. Please see more: