Multi Level Marketing Sale company in Vietnam
(SB Law) Foreign investor intends to setup a Wholly Foreign Invested Company (hereinafter referred to as “New Co”) in Vietnam to conduct with trading of products under the Multi Level Marketing Sale (MLM), they have to meet the following these below legal procedures: 1. Obtainment of Investment Certificate Under Vietnam Law, in order to setup […]
Establishment of foreign invested company in the field of advertisement services in Vietnam
(SB Law) According to the Center Product Classification System of United Nation, Advertisement Services are classified to CPC 871. With respect to services classified to CPC 871, under Vietnam WTO’s Commitments, it is provided that, foreign investor making investment in the field of advertisement services must joint venture with a Vietnamese Partner who has been granted right to operating […]
Offshore direct investment proceeding.
Nowadays, we are welcoming the Foreign Direct Investment (FDI), along with the offshore investment of Vietnamese Companies, typically as Viettel and Hoang Anh Gia Lai in Myanmar and African countries. In order to clarify the proceeding for Clients, we would like to introduce the legal instrument as follows: I. Legal foundation: 1. Chapter VIII (Article […]