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 […]
Formation of Joint Venture (Newco) for Advertisement Services and Value Added Services in Vietnam
If client would like to set up a Joint Venture company (Newco) for Advertisement Services and Value Added Services in Vietnam, we would like to provide some information as follows: Generally, establishment of the NewCo requires an Investment Certificate from the licensing authority. Depending on the location of the company, the licensing authority may be […]
Expanding business scope of wholly foreign invested company in Vietnam
To implement the plan of business expansion in Vietnam, foreign invested company (FIC) has to amend of its Investment Certificate in Vietnam authority. Under Vietnam Law on Investment, in order to obtain License for expansion of business scope, foreign investor must also considered following factors: - Business operation results from the most recent year must […]
Core Elements for establishing a Foreign Invested Company in Vietnam
The establishment of the new company requires an Investment Certificate from the licensing authority. We would like to clarify that the procedure for establishment of a foreign invested company in Vietnam generally takes a rather long time in comparison with other countries in the region. Our practical experiences show that although the total time for […]
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. […]
The legal framework of foreign Investment in Vietnam
The legal framework of Vietnam is largely favorable to both foreign and local investors after Vietnam’s accession to the World Trade Organization (WTO) on 11th January 2007. Both the Investment Law and the Law on Enterprises create a more favorable and clearer legal framework for doing business in Vietnam. The legal framework of Vietnam is […]
Foreign Investment
Advisory of Foreign Investment in Vietnam is one of very first services provided by us. Our team of advisory of foreign investment in Vietnam assists numerous enterprises in doing business in Vietnam and other Asian countries in well understanding challenges of conducting investment in today’s business world We help investors to manage risks and resolve […]
2005 Investment Law and 2005 Enterprise Law are the framework of law and polities on the investment and business conditions of general applicability on the domestic enterprises and foreign invested business
2005 Investment Law reaffirms the principle of equality, secures the right to be initiative and the right to discretion of investors in investment activities and step by step uniforms the business and investment conditions of general applicability on domestic enterprise and foreign invested business. In addition, in order to match with the road map committed […]