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Procedure for extension of license for establishment of representative office of foreign trader

According to Vietnamese Law on Commerce, the license for the establishment of a foreign trader’s a representative office shall be valid for 05 years but not exceeding the remaining effective period of the Certificate of Business Registration or the equivalent (for documents having expiry date). At the end of this period, many foreign traders still […]

The homeownership of foreigners in Vietnam

Currently, the fact that foreigners demand to own houses in Vietnam has become more and more popular due to changes in conditions and procedures in Law on Housing 2014. This demand has been impacted by the development of foreign investment and the need of using foreign businesses of the domestic enterprises. The following article will […]

Issuing of Business License of Foreign-invested Entrepreneurs

Foreign-invested business organizations conducting the purchase of goods and the activities directly related to purchasing the goods in Vietnam are required to strictly follow the Law’s regulations. As can be seen from those in Decree 09/2018, foreign-invested business organizations have to be issued Business License before conducting the activates, as follows: Perform the retail distribution […]

Establishing foreign-invested business organization

Procedure to establish new enterprise, which has from 1% to 100% foreign investment The year of 2018, it is predicted to be a year of the foreign investment substantially conveyed into Vietnam market. With desire to assist legal issues, procedure as well as provide legal service to foreign investor so as to establish foreign-invested business […]

Foreign-invested business organization makes changes of charter capital

Foreign-invested company’s charter capital is capital which company has made commitment to contribute, according to agreements and term written in Certificate of Business Registration, through direct investment account of company. Company’s charter capital might be equivalent to or less than investment capital registered in Certificate of Investment Registration. When changing charter capital, company need to […]

Foreign investors purchase Vietnamese credit institutions’ shares

Decree No. 01/2014 on foreign investors’ purchase of shares of Vietnamese credit institutions, comed into effect on 02/20/2014. Accompanied by the open market acccess regulatlions of Law on Investment 2014, Law on Enterprise 2014, foreign investors also have taken conspicuous notice of purchasing shares of Vietnamese credit institutions. Pursuant to Decree No. 01/2014 s’ regulations, […]

Termination representative of foreign traders in Vietnam

It is essential to terminate representative office in Vietnam when representative office is not on demand for continuing operating or foreign company has established business organization in Vietnam. Viet An Law Firm is honored to confirm that we have been working in this field for a long time, which gives us precious experience and we would like […]

Changes of foreign-invested company’s Certificate of Business Registration

In 2017, procedure of changes foreign-invested company’s Certificate of Business Registration follows regulations of Law on Investment 2014 and Law on Enterprise 2014. Thereon, foreign-invested company was issued Certificate of Investment Registration which showed contents of business registration, investment registration before, now if it would like to change Certificate of Investment Registration, they have to […]

Changing capital contributors in foreign-invested company

When having changes on company’s member, company must execute procedure of changing Certificate of Business Registration and Certificate of Investment Registration. Viet An Law Firm would like to recommend our clients of procedure of changing member in foreign-invested company. Changes of Certificate of Business Registration The critical dossier: Notification of changes of Certificate of Business […]

Adjustment of foreign-invested company’s investment capital

Investment capital of foreign-invested company comprises two sources: Contributed capital to execute project (charter capital) and mobilized capital written in Certificate of Business registration. Investment capital could be equivalent to or higher than charter capital on Certificate of Business registration. Changing investment capital, the company must register for adjustment of Certificate of Investment registration and […]