Question:
We would like to set up a company in Vietnam to do the intermediarytrade.
The Business scope will be:
- Importing Macadamia Nuts, Pecan Nuts and Pistachio Nuts fromSouth Africa then Export to China directly.
- Goods will be imported to Hochiminh Port then export to Longbang Port in China.
- The goods will not be selling in Vietnam locally.
- The investor is USA
- The quotation should include but not limited to the following
- Intermediary trade company set up
- Importing and Exporting license(If necessary)
- Virtual office rental
- Accounting service
- Kindly let me know if you also provide Import & re-export support services.
Looking forward to your reply
Thank you
Anwser:
This is a reference to your conversation below. I am Lawyer of SB Law.
I was entrusted to advise you regarding your case.
Your proposed business activities can be classified to the import-re-export activities.
Unfortunately, under Vietnam Law, a foreign invested company is not allowed to carry out import-re-export activities.
If you insist on this, you must have a Vietnamese Partner and the company must be registered and operated by him only.
If you are interested in setting up a pure local company and suitable framework in order to protect your interests in this business, please feel free to contact us.
We are looking forward to hearing from you.
