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 […]
Law on exportation right of goods of foreign investor in Vietnam
Under Current Vietnam Law on importation and exportation of foreign investor, Vietnam grant exportation rights to (i) Foreign Companies duly established and operating in foreign countries not having commercial representative (i.e. representative office or branch) in Vietnam and (ii) Foreign Invested Company. Having also checked legal instruments regulating on operation of Representative Office and/or Branch […]
Could foreign Investor set up a travel company in Vietnam?
(S&B Law) Vietnam is a potential travel market for foreign investor. However, the question is that they can set up it in Vietnam and have any limitation. The lawyer of S&B Law advised this matter as follows: Regarding to foreign investor’s demand on setting up a travel and tour company in Vietnam, it is advised that under […]
Can foreign investor open a company providing foreign language education services in Vietnam?
Foreign Language Education Services is classified to CPC 929. Under Vietnam’s WTO Commitments, with the respect to CPC 929, foreign investor can either setup a wholly foreign invested company or a joint venture company to run its investment project. However, under Vietnam Law, education services is classified to the conditional investment sectors, for which, foreign […]
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 […]
Can Foreign Investor create a Vietnam company with 100% ownership in the field of engineering?
(S&B Law) The answer is yes, it is possible for foreign investor to set up 100% foreign invested company according to Vietnam law. Under Vietnam Law on Investment, in order to setting up a foreign invested company (hereinafter referred to as “NewCo), Foreign Investor is required to propose an Investment Project. Investment Project is understood […]