Vietnam company registration for financial management consulting services
According to Vietnam-WTO Commitments, foreign investor is allowed to setup foreign owned company in Vietnam to provide financial management consulting services (CPC 89502). This service shall include advisory, guidance and operational assistance services concerning decision areas which are financial in nature, such as working capital and liquidity management, determination of an appropriate capital structure, analysis […]
Acquisition of enterprise in Vietnam
It is our understanding that you intend to directly or in-directly acquire an enterprise in Vietnam, we can provide you a general introduction of M&A in Vietnam for your kind reference. In Vietnam, there is no single law governing M&A. However, since the enactment of the Law on Enterprises and the Law on Investments in […]
Change of legal representative of company in Vietnam
Under Vietnam Enterprise Law, Legal Representativemust reside in Vietnam. Therefore, in case, the New Legal Representative of the Company is a foreigner, the Company must provide sufficient documents to prove that he/she satisfies this condition of Vietnam Law. In order to show that the New Legal Representative of the Company satisfies the condition of residence […]
Setting up a trading company in Ho Chi Minh City
In case client would like to set up a foreign invested trading company (hereinafter referred to as the “NewCo”) in Ho Chi Minh City, we would like to provide some information as follows: 1. Executive Summary about Vietnam law on Investment. Under Vietnam Law on Investment, in order to obtain an Investment Certificate for establishment […]
Some notes for Investment Capital in the Vietnam project
Generally, except for several conditional investment sector such as real estate, finance and banking, education and trainings, there is no requirement for minimum investment capital. However, foreign investor must have enough capital resources to successfully realise the business goals set out in the Investment Certificate. Investment Capital stated in the Investment Certificate shall include Equity […]
Business in Vietnam
Kindly note that,in most other countries, a company in Vietnam is only permitted to conduct business activities that are narrowly defined and mostly codified into a published list of business activities called “business lines.” Generally, with respect to Foreign Invested Company, the permitted business lines must be closely tied to what is considered necessary for […]
Start a business in Vietnam for foreign investor
If you are now considering possibility of setting up a wholly foreign invested company in Vietnam, it is advised that, establishment of a foreign invested company in Vietnam shall require an Investment Certificate which is equivalent to a certificate of incorporation or business registration certificate from the licensing authority. Depending on the location of the […]
Engaging in the Vietnamese market
Under Vietnam Law, a foreign investor can directly engage in the Vietnamese market in following ways: - Establishment of a new company; - Buying in an existing company with an active management role; - Setting up a branch or representative office; - Engaging with a Business Cooperation Contract with local partner(s). The choice of investment […]
How to set up a company in Vietnam to conduct import and export right of mineral?
We would like to provide some information on possibility of setting up a foreign invested company (hereinafter referred to as the “NewCo”) in Vietnam to conduct import and export right of mineral as follows: Please be informed that it is possible for you to setup the NewCo in Vietnam to conduct the import and export […]