Amendment of Investment Certificate of Foreign Company in Vietnam.
In order to do business in Vietnam, the foreign investor has to obtain the Investment Certificate to set up a company in Vietnam. The content of Investment Certificate consists the following points: The name of investor. The name of company. The name and location of project. The investment capital. The other content. However, if the […]
Opening an IT company in Vietnam
According to Vietnam Law on Investment and Vietnam WTO’s Commitments, it is possible for a foreign investor to setup wholly foreign invested company operating the IT services (NewCo). Furthermore, Vietnam Government encourages foreign investor to invest in the field of IT. However, we would like to note that during the licensing process, the competent authority […]
Is it possible to set up a a foreign invested company in Ho Chi Minh City to provide trade promotion and management consultation services?
If the foreign investor would like to set up a foreign invested company in Ho Chi Minh City (hereinafter referred to as the “NewCo”) to provide trade promotion and management consultation service, SB Law would like to have some comments as follows: It is possible for foreign investor to setup the NewCo in Ho Chi […]
Vietnam company registration for trading right over the massage machine and functional foods
If you (foreign investor) are now considering possibility of forming a wholly foreign invested company in Vietnam. Upon forming, the company shall carry out the trading right over the massage machine and functional foods in Vietnam. The company (hereinafter referred to as “NewCo” shall locate in Ho Chi Minh City, Vietnam. Obtaining investment Certificate in […]
Company Registration in the field of Back Office in Hanoi,Vietnam
Business Lines of Foreign Invested Company in Vietnam Under Vietnam Law and Vietnam WTO Commitment, there is no official equivalent term to describe the back office services. To our understanding, back office services shall be inclusive of data analysis and entry, document processing, data processing, web research services, website designing... (IT services), finance and accounting, […]
Can foreign people purchase and own the apartment in Vietnam?
(SB Law) According to Vietnamese Law, these following individuals are allowed to purchase and own apartment in Vietnam: 1. Foreign individuals who make direct investment in Vietnam under the investment in Vietnam under the enterprises law, including domestic enterprises and foreign-invested enterprises; 2. Foreign individuals who have made contributions to Vietnam and are conferred orders […]
Can foreign investor set up a company to carry out real estate management service?
Real estate management service is listed as one of real estate business that foreign investors are permitted to carry out in Vietnam. According to Vietnam Law on Real Estate Business, content of real estate management services is defined as follows: Selling, transferring, leasing, hire-purchasing real estate under authorization of real estate owners or users; Providing […]
Setting up a company providing Shipping Agency/Freight Forwarding Services in Vietnam
In case the foreign investor would like to set up a foreign invested company providing Shipping Agency/ Freight Forwarding Services in Vietnam, they should consider the legal aspect as follow: In case the foreign investor would like to set up a foreign invested company providing Shipping Agency / Freight Forwarding Services in Vietnam, they should […]
Penalty for the manager or owner of the company in violence of Criminal Law
In the business and law program on Voice of Vietnam (VOV), Lawyer Nguyen Thanh Ha, Chairman, Managing Partner of S&B Law Company Limited (S&B Law) mentioned the criminal offences of the manager or owner of the company, please listen.