Best Corporate & Commercial Lawyers in Vietnam

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Founded in 2009
30 people in their team
English
Japanese
Vietnamese
Dong Du International Accounting, Taxes & Legal Consulting Group HCMC, Vietnam, Southeast Asia Business Consulting Network, we specialize in accounting services, corporate tax advice, legal advice, business training, human resource consulting, product & market surveys…over 15 years up to...
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ADK VIETNAM LAWYERS LAW FIRM
Ho Chi Minh City, Vietnam

Founded in 2021
25 people in their team
English
Vietnamese
Welcome to ADK Vietnam Lawyers: A Beacon of Legal Excellence in Ho Chi Minh CityOur Expertise and Clientele ADK Vietnam Lawyers, located in the bustling heart of Ho Chi Minh City, is renowned for its legal expertise and dedication to serving a diverse range of clients. Our practice areas...
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Law Plus
Ho Chi Minh City, Vietnam

Founded in 2000
50 people in their team
Vietnamese
English
Located in Ho Chi Minh City, Vietnam, LawPlus understands the challenges foreigners face when starting and doing business in Vietnam. Our goal is to alleviate those difficulties and ensure a smooth experience by handling all legal complexities on your behalf. Focus on growing your business, let...
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1-5 Law Firm
Ho Chi Minh City, Vietnam

Founded in 2000
50 people in their team
Vietnamese
English
Dear Customer!1-5 Law Firm would like to send our customers respectful greetings and wishes for health and prosperity!With a team of experienced lawyers, we always look forward to cooperating with our customers, contributing to solving legal difficulties and obstacles for customers when...
ENT Law LLC
Hanoi, Vietnam

Founded in 2015
10 people in their team
English
Vietnamese
Established since 2015, ENT Law is proud to be a young and vibrant boutique law firm in the legal market of Vietnam. Combining the knowledge and experiences of the founding partners and the vigour and innovative thinking of our lawyers, we strive to deliver the best legal services to clients at the...
NguyenTrangLaw
Haiphong, Vietnam

Founded in 2019
20 people in their team
Vietnamese
English
Nguyen Trang Law Firm is a pioneer in providing comprehensive legal solution packages for our valued clients, including: legal counseling and litigation; consultation on the use of notary services for real estate and asset transactions, as well as secured transaction registration; consultation on...
Mekong Counsel / FINCH LAW
Ho Chi Minh City, Vietnam

Founded in 2000
50 people in their team
Vietnamese
English
About Finch LawFinch Law Company Limited, international name is "Finch Law Limited Liability Law Firm", operates in two main areas: i) legal consulting in the fields of investment and trade for domestic and foreign businesses ; and ii) consulting on FDA (USA) regulations for food, pharmaceutical,...
THE LAM LAW LLC

THE LAM LAW LLC

15 minutes Free Consultation
Vũng Tàu, Vietnam

Founded in 2019
15 people in their team
English
Vietnamese
About THE LAM LAW LLCWho We AreTHE LAM LAW LLC is a Vietnam-based boutique law firm founded by a team of seasoned legal professionals, arbitrators, and legal educators. We specialize in delivering tailored, business-minded legal solutions with international standards and local expertise.Our...
BACH DANG GIANG LAW FIRM
Haiphong, Vietnam

Founded in 2000
50 people in their team
Vietnamese
English
IntroduceBACH DANG GIANG LAW COMPANY LIMITEDHead office: No. 7/220 Van Kiep Street, Thuong Ly Ward, Hong Bang District, Hai Phong CityOffice: No. 16, Le Dai Hanh Street, Minh Khai Ward, Hong Bang District, Hai Phong CityLaw firm branch: No. 38, Trung Kinh street, Trung Hoa ward, Cau Giay district,...
RHTLaw Vietnam
Ho Chi Minh City, Vietnam

Founded in 2005
50 people in their team
Vietnamese
English
Our FirmRHTLaw Vietnam offers clients access to a network of over 2000 legal professionals across various offices in Asia through RHTLaw Asia and the ASEAN Plus Group (APG).The Firm traces its beginnings in 2005 when a team of experienced Vietnamese lawyers came together to set up what was...
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About Corporate & Commercial Law in Vietnam

Vietnam's corporate and commercial legal landscape has evolved rapidly alongside the country's economic growth and increased foreign investment. Corporate & Commercial law in Vietnam encompasses a wide range of regulations and legal frameworks that govern how businesses are formed, operated, merged, acquired, and dissolved. It also covers commercial contracts, trade, competition, intellectual property, and dispute resolution. Staying compliant with Vietnam's legal requirements is crucial for both local entrepreneurs and foreign investors to ensure smooth business operations and avoid costly legal issues.

Why You May Need a Lawyer

Navigating Vietnam's corporate and commercial laws can be complex due to frequent updates, detailed procedures, and language barriers. Common situations where you may need legal support include:

  • Business formation, including selecting the legal entity and preparing required documentation
  • Investment activities, such as acquiring or merging with Vietnamese companies
  • Negotiating and drafting commercial contracts
  • Handling employer obligations and labor issues
  • Complying with licensing, tax, and environmental regulations
  • Resolving business disputes, including litigation and arbitration
  • Protecting intellectual property rights
  • Understanding and complying with local ownership restrictions
  • Navigating foreign exchange and capital contribution requirements
  • Dealing with compliance, anti-corruption, and competition laws

A lawyer with expertise in Vietnamese corporate and commercial law can help you avoid pitfalls, ensure compliance, and facilitate negotiations or dispute resolution.

Local Laws Overview

The most important legal instruments for corporate and commercial matters in Vietnam include the Law on Enterprises, Law on Investment, Commercial Law, Law on Competition, and relevant decrees and circulars. Key aspects include:

  • Business Registration: All companies must be registered with the Department of Planning and Investment, and obtain necessary licenses depending on their sector.
  • Foreign Ownership: There are restrictions on foreign investment in some sectors, and specific procedures apply for foreign owned enterprises.
  • Commercial Contracts: Contracts should be in writing and clearly specify parties' rights and obligations. Vietnamese law may be mandatory for certain types of contracts.
  • Labor Relations: Employment contracts and compliance with labor laws are essential, with requirements on minimum wage, insurance, and work permits for foreign employees.
  • Taxation: Businesses are subject to value added tax, corporate income tax, and other taxes, with incentives available for certain industries and regions.
  • Mergers & Acquisitions: M&A activities often require regulatory approval, transparent procedures, and sometimes notification to competition authorities.
  • Dispute Resolution: Most commercial disputes are resolved through Vietnamese courts or arbitration institutions, with mediation also available.
  • Intellectual Property: Protection must be registered, especially trademarks and patents, and enforcement can require administrative or court action.
  • Anti-corruption: Stringent anti-corruption laws apply, especially to transactions involving state-owned entities.
  • Commercial Practices: Compliance with competition law and consumer protection regulations is closely monitored.

Frequently Asked Questions

What legal structures are available for setting up a company in Vietnam?

Common structures include limited liability companies, joint stock companies, partnerships, and representative offices. Each has unique requirements and implications for ownership, liability, and operations.

Can foreigners own 100 percent of a Vietnamese company?

Foreigners can fully own companies in most sectors, but there are restrictions on foreign ownership in certain industries such as banking, education, and logistics.

How long does it take to set up a business in Vietnam?

On average, it takes about 30 to 45 days to complete all registration procedures, depending on the business type and industry.

What are the main taxes businesses need to pay in Vietnam?

Key taxes include corporate income tax, value added tax, personal income tax for employees, and import-export duties. Tax rates and exemptions vary by activity and location.

Are contracts enforceable in Vietnam?

Contracts are generally enforceable when they are in writing and comply with Vietnamese law. Disputes may be resolved by courts or arbitration institutions.

What is required to hire foreign employees?

Employers must obtain work permits for most foreign employees, and comply with quotas, labor contracts, and social insurance obligations.

How are business disputes typically resolved?

Disputes are usually handled through litigation in Vietnamese courts or alternative dispute resolution methods such as arbitration and mediation.

How can intellectual property be protected?

Trademarks, patents, and copyrights must be registered in Vietnam. Enforcement measures include administrative action, civil lawsuits, and criminal prosecutions in serious cases.

Are there any incentives for foreign investors?

Vietnam offers tax incentives and other benefits for investment in high-tech, export-oriented, or regionally disadvantaged sectors, subject to certain conditions.

What are common pitfalls for new businesses in Vietnam?

Common issues include misunderstanding licensing requirements, neglecting labor law compliance, unclear contractual terms, and failing to protect intellectual property.

Additional Resources

Several governmental bodies and organizations can assist those seeking legal guidance or information on corporate and commercial matters in Vietnam:

  • Department of Planning and Investment (DPI)
  • Ministry of Planning and Investment
  • Vietnam Chamber of Commerce and Industry (VCCI)
  • Vietnam Competition and Consumer Authority
  • Vietnam Lawyers Association
  • Vietnam Intellectual Property Office
  • Local bar associations and business support centers

Next Steps

If you need legal assistance in the corporate and commercial field in Vietnam, consider the following steps:

  • Clearly define your business goals and legal needs
  • Gather all relevant documents and information
  • Consult with a qualified lawyer specializing in Vietnamese corporate and commercial law
  • Prepare questions and discuss potential strategies and risks with your legal advisor
  • Follow your lawyer's guidance to ensure compliance and address issues proactively
  • Stay informed about changes in local regulations affecting your business

Whether you are starting a new venture, expanding your business, investing, or resolving a dispute, seeking timely legal advice can protect your interests and support your success in the Vietnamese market.

Lawzana helps you find the best lawyers and law firms in Vietnam through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Corporate & Commercial, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Vietnam - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.