Change of the rep. office of foreign company in Vietnam

Question: I am UK citizen and chief of representative office in Vietnam, at the moment, I have two questions for you? 1.     Can I take over the representative from other representative office in Vietnam without any problem? If so, how long it will take and what is your service fee? 2.     If I hire a staff, can the […]

Establishment of foreign company in Vietnam under the new investment law.

SB LAW would like to introduce some information on Establishment of foreign company in Vietnam under the new investment law as follows: The establishment of a FIC in Vietnam requires an Investment Certificate from the licensing authority. Depending upon the location of the company, the licensing authority may be the Provincial People’s Committee (for companies […]

Q&A about formation of foreign company in Vietnam

1. Procedures for establishment of a legal entity. Under Vietnam Law, foreign investors can run its foreign investment project for profit making purpose by (i)                Setting up a Foreign Invested Company under the form of Wholly Foreign Invested Company; (ii)             Co-operating with a local Partner in order to setup a Joint Venture Company or to enter […]

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 […]

Dissolution and liquidation of foreign company in Vietnam

The Company is a foreign invested company located in Vietnam. The Company shall be dissolved and liquidated and is seeking SB Law’s assistance with regard to the liquidation process. Thus, we would like to provide some information as follows: We anticipate that our work will comprise of the following 4 main work streams. These are […]

Changing head office’s address of foreign company in Vietnam

In case the foreign company intends to change head office’s address of Investment Certificate. We would like to advise as follows: Under Vietnam Law, in order to record the new head office’s address, the Company shall be required to apply for the amendment of Investment Certificate. Based on our practical experience in the similar case […]

Investment Capital for formation of foreign company in Vietnam

Generally, there is no requirement for minimum investment capital for incorporating a company in Vietnam, except for the conditional investment sectors or business lines. Nevertheless, for smooth process of Investment Certificate, it is advisable that foreign investorexhibits enough capital resources to successfully realize the business goals that would be set out in the Investment Certificate. […]