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Dear Sir, I am a foreigner and my business partner is Vietnamese. We are planning to set up a new Vietnamese company at Ho Chi Minh City on car caring business. Initial shareholding would be 50:50. Can I have some information on that? (including the type of company, estimated timeframe on setting up the company,…
27
Jul
Jul
Dear ASL Law, Our company is currently looking at the possibility of setting up a travel and corporate ticketing business in Vietnam. I was informed that the business required a local partner with at least 30% equity for this form of business. Looking at this issue, can ASL Law firm provide a confirmation on setting…
03
Jul
Jul
The Free Trade Agreement and Investment Protection Agreement between Vietnam and the European Union (EU) were officially signed on June 30 in Hanoi, marking a new development in relations cooperation and comprehensive cooperation between Vietnam and the EU and opening up great opportunities for Vietnam in promoting economic development. It is a period of long-term,…
02
Jul
Jul
How many foreign director can we appoint? Can we appoint one as legal representative with local work permit and one foreign director without local work permit? Can the owner be an organization? Can we have both legal representatives to have work permit exemption? #1) How many foreign director can we appoint? According to Enterprise Law…
03
Jun
Jun
How much is Fee of forming company in Vietnam and What is procedure of company formation in Vietnam? Procedure of company registration: To open company in Vietnam for foreign-invested enterprise , there will be two steps involved in the procedures as follows: Ø Step 1: Applying for the Investment Registration Certificate (“IRC”) at Department of Planning and Investment or Authority of industrial…
27
May
May
QUESTION: ENQUIRY: SETTING UP NEW COMPANY IN VIETNAM Dear Sirs, We are a company based in Singapore and would like to set up a LLC or joint venture in Vietnam for our electronic distribution business. Kindly provide us with a fee quote and timeline in respect of this service. Best regards, J T, ASL LAW’S…
08
May
May
The video shall highlight 30 years of foreign direct investment in Vietnam 30 Years of FDI in Vietnam (Source: MPI) ***Other service of ASL LAW – full service Vietnam law firm *** Retainer service to enterprises International trademark registration Oversea investment consultancy for Vietnamese enterprises Patent in Vietnam Notes to company formation in Vietnam M&a How to open…
05
May
May
The following articles shall guide how to set up a foreign company in Vietnam so that foreign investors shall do business in Vietnam legally and efficiently. 1. Set up a foreign company in Vietnam Pursuant to Law on Enterprise of Vietnam: Establishment of economic organizations with 100% capital of investors include: Domestic investors and foreign…
23
Apr
Apr
Firms from the Republic of Korea (RoK) were expecting to increase investments in information technology, biotechnology, food processing and part-supplying industry in Vietnam, attendees were told at a conference on Monday in Hanoi. The Vietnam Trade Promotion Agency under the Ministry of Industry and Trade in collaboration with the Korea Federation of Small and Medium…
20
Apr
Apr
Joining the Trans-Pacific Partnership (TPP) (Now CPTPP) and signing a Vietnam-EU Free Trade Agreement (EVFTA) will create an opportunity for Vietnam to bring its intellectual property rules in line with international standards. A Vietnam-EU Free Trade Agreement will have a significant impact on Vietnam’s economic and legal institutions, particularly regarding intellectual property. Director of the…
