Best Law Firms In Ho Chi Minh Near Me

4worldlovers: Any well trained lawyer can provide legal advice, but only an all-rounded professional from a law firm can provide you with the tools you need to successfully reach your goals while complying with all the legal requirements.

4worldlovers:
Foreign individuals and foreign companies can easily register their legal, commercial presence in Vietnam in the form of a Single-Member Limited-Liability Company (Single-Member LLC) or a Multi-Member Limited-Liability Company (Multi-Member LLC) or a Joint-Stock Company (JSC), or a Representative Office.

Depending on the percentage of shares owned by foreign investors in a company, it will be classified as a Wholly Foreign Owned Company (WFOC) or a Joint-Venture Company (JVC). Unlike a WFOC which one or more foreign shareholders wholly own, a JVC is owned by local and foreign shareholders regardless of the percentage of shares held by the foreign shareholders.

VIETNAM COMPANY REGISTRATION: TYPES OF LEGAL ENTITIES AVAILABLE FOR FOREIGN INVESTORS

LLC is the most preferred choice of foreign investors because of its simple shareholder and management structure, especially for small and medium enterprises (SMEs). Unlike JSC, LLC is not allowed to make an IPO but it can be converted into JSC easily.

As opposed to LLC, a JSC must have a least three founding shareholders, and shares are flexibly transferable. A JSC can have its shares listed on the stock exchange if it meets the listing requirements as set out by law. JSC is highly recommended for medium and large-sized businesses that aim to make an initial public offering (IPO) to raise capital from the stock exchange.

For foreign companies that are new to the Vietnam market and want to set up an office in Vietnam to conduct liaison work, market research, or promote their business and investment opportunities. Foreign companies incorporated and operating for at least one year, as evidenced by audited financial statements of the most recent fiscal year or written certification by tax agencies, are eligible for opening an RO in Vietnam.

This is the least common type of foreign direct investment and is only permitted in a few sectors (e.g., banking and legal services). A branch is not a separate legal entity but a dependent unit of a foreign entity. Unlike an RO, a branch can conduct revenue-generating activities in Vietnam.

It will make foreign investors less than 30 days to fully set up a business in Vietnam, regardless of their selected type of company. They must follow the step-by-step process as follows:

Step 1: Applying for an Investment Registration Certificate (IRC) from the provincial Department of Planning and Investment (DPI) or the State agency of similar authority. It usually takes 2 – 3 weeks.

Step 2: Upon the availability of an IRC, apply for an Enterprise Registration Certificate (ERC) which is similar to a certificate of incorporation in many jurisdictions. It usually takes one week.

Step 3: Once the ERC is issued, specific post-licensing tasks must be conducted in time, such as company seal making, initial tax registration, bank account opening, etc.

Our LTS LAW team comprises seasoned corporate service lawyers and professionals with many years of experience. LTS LAW continuously strives to supply cutting-edge corporate & business services to our clients at the most competitive prices, from Vietnam company formation to legal consulting, company secretarial, bookkeeping, tax reporting, accounting, auditing, and management consulting services. We are confident in developing your business in Vietnam. Just Order, We Do The Rest For You.

Simon and his team have been very supportive and go the extra mile to facilitate setting up a company and myself entering Vietnam during border closure. If you’re looking for a client-focused lawyer and responsive team, LTS is your company.

4worldlovers: Grünkorn & Partner Law Co., Ltd. is fully licensed in Vietnam as foreign invested law firm. We are focused on providing legal services and related services to major and medium sized European enterprises investing or doing business in Vietnam.

WTS Tax Vietnam Co., Ltd. is fully licensed in Vietnam for Accounting Services, Chief Accountant Service, Tax Agent Service. Since it is not easy to obtain and maintain this license, very few foreign advisors have this license. Providing these services without license is not legal. We are working in the international WTS group, which is present in more than 130 countries.

We can advise you on investment opportunities and we can also prepare market studies, project-related memoranda and expert opinions.

We focus on drawing up and revising both legal documents and contracts, ensuring they’re done right to be legally binding.

2007: Lorenz & Partners Vietnam was founded with office in District 4, Ho Chi Minh City.

2014: The name was changed to Grünkorn & Partner Law Co., Ltd. Cooperation in Lorenz & Partners group and WTS Global is continued.

2016: Opened new office in Hanoi. WTS Tax Vietnam Co., Ltd takes up operations.

2017: With the growth of our team, we moved to TMS Building, 172 Hai Ba Trung Street, District 1 as our main office in Ho Chi Minh City.