Best New Business Formation Lawyers in Hanoi

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THE LAM LAW LLC
Hanoi, Vietnam

Founded in 2019
15 people in their team
Vietnamese
Business New Business Formation Accounting & Auditing +8 more
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...
Allen & Overy Legal
Hanoi, Vietnam

Founded in 1930
50 people in their team
Vietnamese
English
About usAllen & Overy is a global law firm that helps the world’s leading businesses to grow, innovate and thrive. For almost a century, we have built a reputation for our commitment to think ahead and bring original solutions to our clients’ most complex legal and commercial challenges.At...
Leadco Law Firm
Hanoi, Vietnam

Founded in 1986
50 people in their team
Vietnamese
English
LEADCO One Member Law Company Limited (LEADCO) is a law consulting company established in 1992. In Vietnam, LEADCO is always in the ranks of leading law firms thanks to its long history and commitment to providing provide the best quality service. As one of the first law firms present in...

Founded in 2009
English
Tran Gia Law Firm - Tran Hoang Lan Notary Office operates as a distinguished legal and notary service provider in Vietnam, renowned for its comprehensive expertise in both Vietnamese law and international legal matters. The firm offers a wide range of services including legal consultation, contract...
Phuoc & Partners law firm
Hanoi, Vietnam

Founded in 2003
50 people in their team
Vietnamese
English
The strengths and qualities of our Founder, Mr. Nguyen Huu Phuoc, continue to influence and inspire the firm today.His entrepreneurial spirit and leadership qualities have laid the foundation for the firm’s growth and success, which has made Phuoc & Partners one of the leading law firms in...
IVLF Advisors LLC
Hanoi, Vietnam

Founded in 2
8 people in their team
Vietnamese
English
We are combined by a group of practically intensive and experienced lawyers and are an international investment & legal advisory firm in Vietnam.We can confidently advise all legal aspects of Vietnamese laws for its not only local and foreign clients. We represent investors, start-up companies,...

Founded in 2000
50 people in their team
Vietnamese
English
Nang & Partner Law Firm belongs to Hanoi Bar Association.Nang & Partner Law  Firm is gradually building up to be one of the prestigious law firms in Hanoi with the highest expertise, with a team of many good lawyers and many years of experience.The Company's founder is Attorney Nguyen...
Frasers Law Company
Hanoi, Vietnam

Founded in 2004
50 people in their team
Vietnamese
English
Frasers Law Company is the premier independent commercial law firm in Vietnam.We are a full-service commercial law firm practising in Vietnam. Our clients rely on us to provide them with innovative commercial and legal advice that is of the highest international standard and practical in a...

English
STARLAW Co., Ltd. is a distinguished law firm in Vietnam, offering a comprehensive range of legal services to both domestic and international clients. The firm's expertise encompasses corporate law, investment consultancy, intellectual property, real estate, family law, and online bidding...
Hanoi, Vietnam

Founded in 1979
English
Hanoi Law University (HLU), established on November 10, 1979, is Vietnam's premier institution dedicated to legal education and research. As the largest law university in the country, HLU offers comprehensive programs at undergraduate, master's, and doctoral levels, encompassing disciplines such as...
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About New Business Formation Law in Hanoi, Vietnam

The legal framework for new business formation in Hanoi, Vietnam involves various rules and regulations pertaining to investment law, tax law, labor law, anti-trust law, and environmental law, among others. The Vietnamese government is constantly amending these laws and regulations to encourage entrepreneurship and facilitate ease of doing business. The primary legal document used in business formation is the Enterprise Law. The process involves registering the business, obtaining licenses and permits, and meeting tax obligations.

Why You May Need a Lawyer

Setting up a new business in Hanoi may involve navigating a complex legal system. From deciding the type of entity and completing the required paperwork to ensuring compliance with local laws and regulations, every step can be a challenge. A lawyer can guide you through the incorporation process, help understand the tax implications, and ensure the protection of your intellectual property. If your business involves foreign investment, a legal expert can help overcome the specialized legal hurdles associated with it.

Local Laws Overview

Local laws that are particularly relevant to new business formation in Hanoi include the Investment Law, Enterprise Law, Labor Law, and Commercial Law. These laws govern various aspects like foreign ownership, business registration, labor contracts, and business transactions. For instance, the Investment Law determines the sectors in which a foreign or local company can invest while the Enterprise Law lays out the processes for business registration and operation. It's essential to keep updated with the changes in these laws.

Frequently Asked Questions

1. What are the types of business entities in Vietnam?

There are several types of business entities in Vietnam, including Limited Liability Companies (LLC), Shareholding Companies, Partnerships, and Sole Proprietorships.

2. How long does it take to set up a business in Hanoi, Vietnam?

On average, it takes about 1 to 3 months to set up a business in Hanoi. This includes time for preparing documents, submitting applications, and receiving approvals from various government bodies. However, the timeline can vary based on the business type and other specific requirements.

3. Are foreigners allowed to own a business in Hanoi, Vietnam?

Yes, foreigners can own businesses in Hanoi. However, there might be ownership restrictions for certain sectors under the Investment Law.

4. What are the annual compliance requirements for businesses in Hanoi?

All companies in Hanoi have to submit annual financial statements to the Department of Planning and Investment, the Tax Authority, and certain other government departments as applicable. They may also need to renew certain licenses and permits each year.

5. What are the main reasons for business license denial in Hanoi?

Reasons for denial of business license can range from incomplete or incorrect application, failure to meet specific investment or operational regulations, to objections from local authorities or communities.

Additional Resources

For additional information and support, you can refer to the Department of Planning and Investment, The Ministry of Industry and Trade, and Vietnam's National Business Registration Portal. For ready references, reading statutes like the Investment Law and the Enterprise Law of Vietnam can be helpful.

Next Steps

If you need legal assistance with new business formation in Hanoi, the first step is to consult with a legal expert familiar with Vietnamese business laws. They can guide you through the process, help you understand the legal requirements, and ensure you meet all the compliance obligations. Remember, taking professional legal advice at the onset can save you potential troubles and setbacks in the future.

Lawzana helps you find the best lawyers and law firms in Hanoi 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 New Business Formation, 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 Hanoi, 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.