Set Up Sole Proprietorship in Ho Chi Minh City

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Question: It’s to let you know that we want to set up a import business of surgical instruments and hospital furnitures in Ho chi minh city, So kindly let us know your best suggestions regarding it.

Looking forward for your early reply.

Answer: This is reference to your email below. I am Lawyer of SB Law. I was entrusted to provide you legal advice regarding to your question below.

We understand that you intend to setup a sole proprietorship in HCM city for importing surgical instruments and hospital furniture.
Under Vietnam Law, in this case, you can only setup a limited liability company in which you or your company in France shall be registered as sole owner.
According to our experience in the field, due to surgical instruments and hospital furniture are special equipment which require for skilled person to operate, you should consider to setup company in Vietnam under the name of your Company in France. Then, we can easily persuade the competent authority to approve the case based on long term experience and history of parent company in France.

 

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