Change a Sole Trader into LLC in Vietnam

Change a Sole Trader into LLC in Vietnam

The Company Law provides for several types of companies which can be established in Vietnam. Among these, sole proprietorships and limited liability companies are the most employed ones. If the sole trader is available for small one-man businesses, the limited liability company (LLC) can accommodate small, medium and large businesses in Vietnam. There…
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How to Become a Shareholder in Vietnam

How to Become a Shareholder in Vietnam

Becoming a shareholder in Vietnam can be effectuated by setting up a new legal entity, acquiring a shelf company or buying stocks in one. In this article, our company formation advisors in Vietnam briefly analyze these three options of how to become a shareholder in this jurisdiction. Setting up a new legal entity in Vietnam The most popular…
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Set Up a HORECA Business in Vietnam

Set Up a HORECA Business in Vietnam

Enterprisers can open various types of companies in different industries in Vietnam. The choice is usually made based on the amount one wants to invest, the qualifications or experience, but also on an analysis of the market or a feasibility study. As a matter of fact, in the case of foreign…
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Obtaining Residence Permit in Vietnam

Obtaining Residence Permit in Vietnam

Foreign citizens who intend to reside in the country for a prolonged period of time must obtain a permanent residence permit in Vietnam. As follows, our company formation consultants in Vietnam present several aspects related to obtaining this permit here. Who qualifies for the permanent residence card in Vietnam? Foreign citizens who have…
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Set Up a Retail Business in Vietnam

Set Up a Retail Business in Vietnam

Foreign investors who want to start a business in Vietnam have various choices in matter of industries they can operate in. Among these industries, tourism and retail are two of the most profitable ones. Most of the times, enterprisers decide to open retail companies in Vietnam because of the less stringent requirements and because full foreign ownership is permitted.…
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Starting an IT Company in Vietnam

Starting an IT Company in Vietnam

The IT market in Vietnam is quite new, however, it has seen a rapid development. Even though the country connected to the internet in 1997, by the end of 2001, the subscriber numbers were assessed at approximately 165,000. One year later, after a price reduction, the user numbers increased to more than one million. …
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Selling Tobacco in Vietnam

Selling Tobacco in Vietnam

The Vietnam tobacco industry has a production capacity of approximately 5,800 million packs per year, which is used at around 70% to 80% of its capacity. The cigarette output of the sector has been rising since 2000, mainly because of investments which were made in the tobacco growth, processing and production equipment,…
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Manufacturing Food Products in Vietnam

Manufacturing Food Products in Vietnam

Vietnam is a developing market for food products, being still large enough for a lot of investors, as well as newcomers. To be successful in this fast sector, where the competition is increasing, businesses have to understand better the consumer demands and generate an exciting experience for their customers. In…
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Business Start-up Costs in Vietnam

Business Start-up Costs in Vietnam

Foreign investors interested in starting a business in Vietnam must comply with various legal requirements. They must choose the right type of structure for registration and obtaining certain special licenses and permits. Apart from these, the investors must also consider the start-up costs of a business in Vietnam in order to not to be taken by…
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Setting Up a Liaison Office in Vietnam

Setting Up a Liaison Office in Vietnam

Not all foreign companies entering the Vietnamese market want to start doing business right away. Those who first want to survey and establish a database with potential clients have the possibility of establishing a liaison office in Vietnam. For foreign companies interested in starting business relations, the Vietnam subsidiary or branch office is the most appropriate choice.…
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