Legal service for establishing a wholly foreign invested company in Vietnam

1. Our scope of services provided to Client is inclusive of following items:

- Preparation of the application documents:
+ Notifying application documents required in accordance with Vietnamese law;
+ Drafting application documents required for submission purpose including application, explanatory statement, power of attorney, board resolutions in English language;
+ Liaising with Real Estate Agent for Office Lease Contract on behalf of Client.
+ Liaising with Client to discuss the draft application documents;
+ Amending the application documents based on Client’ comments;
+ Obtaining preliminary comments from the licensing authority on the draft application documents;
+ Finalizing the application documents following comments from the licensing authority; and
+ Translating the final version of the application documents into Vietnamese for execution.

- Licensing procedures:
+ Submitting the application dossier to the licensing authority on Client’s behalf;
+ Monitoring and following up with the relevant authorities on the approval process;
+ Keeping Client updated on the developments and additional requirements, if any; and
+ Assisting Client in obtaining the investment certificate.

- Post-licensing procedures:
+ Obtaining the seal of the NewCo ;
+ Obtaining the NewCo’s tax code; and
+ Placing an announcement on the establishment of the NewCo in the newspaper.
+ Obtaining Temporary Residence Card for the Legal Representative of the NewCo.

2. Our means of services

+ Documentation
+ Working with the competent authority on Client’s behalf.

3. Our services period:
For scope of works listed at above Item:
- Within 07 working days counted from your delivery of necessary documents and information as provided under legal Contract, S&B Law shall transfer documents to Client to reviewing and signing.
-  Within 01 working days counted from reception of signed and sealed documents from Client, S&B Law shall submit application dossier to competent authority.
- Within 25 working days from submission of legitimate application dossiers to the Competence Authority, S&B Law shall obtain the Investment Certificate for Client.
- Within 10 working days from obtaining Investment Certificate, S&B Law shall obtain stamp, tax code registration and place an announcement of establishment for the NewCo.
- Within 15 working days from submission of application dossier for Temporary Residence Card to the competent authority, S&B Law shall obtain the Temporary Residence Card for the Legal Representative of the New Co.

» Set up company in Vietnam

Service for establishing a wholly foreign invested company: