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Doing business in Vietnam

(S&BLaw) Under Vietnam Law on Investment, in case a foreign investor wishes to setup a foreign invested company (FIC), it requires an Investment Certificate from the licensing authority. Depending on the location of the FIC, the licensing authority may be the provincial People's Committee (for companies located outside industrial or export processing zones) or the provincial Industrial and Export Processing Zones Management Authority (for companies located in industrial or export processing zones).

Guidance on tax since doing business in Vietnam.

(S&BLaw) Under the Vietnam Law, following taxes may affect to the foreign invested company in Vietnam:

Corporate Income Tax which is levied on the taxable income of the FIC. Taxable income of the FIC to be calculated Corporate Income Tax shall be revenues generated in its course of production less reasonable expenses in the relevant fiscal year. Generally, the tax rate of the Corporate Income Tax is 25% of the taxable income.

Services on establishing companies

S & B is willing to supply all services relating to establishing companies and changing the content of company's registration according to the following criteria:

Pre-consultation: this is the most fundamental issue drawing so much attention because at the present time, avoiding the same as well as mistake name of companies is becoming popular in Vietnam. In this regard, We are willing to assist clients to check and change the companies' names before carrying out register procedure in order to have the most suitable and achieve the timely process when establishing companies.

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COMMENTS ABOUT S&B LAW

S&B Law Company have advised us in several real estate projects. We are in deed satisfied with the professionality and responsibility of the lawyers of S&B Law.The legal service of S&B Law contributed to the success of our projects. We highly appreciated the capacity and methodology of S&B Law. Wish you have more achievement, S&B Law!

Mr.Lam Khac Chien - Deputy-Director - Viettel Real Estate Company

We often engage in very urgent tender response time and S&B Law always commit their senior attorneys to work along side our sales team to ensure that our response are delivered on time - at times working through the night. S&B Law's advice are clear and concise, they have a small team of dedicated lawyers who have a keen sense of the local business environment.

Mr.Lewis Truong- Country Counsel- Legal & CN of IBM Vietnam

For the purpose of running a business under the Vietnamese Law, we delegated S&B Law to represent us in registering many copyright works and trademark. They also provided us legal consultation service monthly. We have been satisfied with the standard of S&B Law's service.

Mr. Akihito Asato-Chairman - Vietnam Ryukyu Cultural Technological Village Co., Ltd.

We are really satisfied with your services that lead to the best result. We no need to be worry to co-operate with you so that you become the top of our best partners.

Mrs.Nguyen Bich Hanh - Sales Manager -Nippon Steel pipe Vietnam Co., LTD

vietnam law firm

S&B Law provided us with effective legal solutions covering ourlicensing, financing and intellectual property needs. Dynamic and enthousiastic, the S&B team govern their firm with professional international standards while remaining always up-to-date to the mostrecent laws and business practices in Vietnam. We appreciated that time-frames announced were respected, their valuable ideas and theirsense of business ethics.

Mr. Voltz Clement Romain Benedickt, Managing Director of Metiseko Vietnam Co., Ltd.

Your prompt response is very much appreciated! S&B Law has always committed to our queries professionally. I will submit your information to the Mgmt for decision into full business operation in Vietnam.

Mr. Nev Tong – HR & Admin Manager at Excelpoint Systems (Pte) Ltd

FARMER is our own brand with manufacturing facilities in China and Vietnam with HQ in Singapore which also serves as its marketing hub for the global distribution network. S & B Law has been handling business affairs in Vietnam to our level of expectation and to date is still being retained by us as our legal advisers. .

Mr. Peter Yik – Administrations – Mei Heong Yuen Food Ind P/L

Our Company, Stalheim Industries Sdn Bhd, has engaged the services of S&B Law - a law firm duly established and operating under the law of Vietnam -, in 2009 as legal consultant advising us in the establishment of one of our marketing company

Mr. Lim Foot Ling - General Manager Finance & Corporate -Stalheim Industries Sdn Bhd