Advertising Business Investment in Vietnam - TriMinh Law

Advertising Business Investment in Vietnam

2:59:53 03/03/2017
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ADVERTISING BUSINESS IN VIETNAM

Advertisement service is one of investment fields attracting lots of investors in Vietnam. Vietnam has been opening its legal framework, facilitating investors in investing in this field.

The participation of Vietnam in the World Trade Organization (WTO), and the Trans-Pacific Strategic Economic Partnership Agreement (TPP) lately, has faciliated this country to become an initial market for investors all over the world. However, the investment in a foreign market shall require the carefulness and thorough understanding on the environment and laws of such country.

investment-Advertising-Business-vietnam

In accordance with Vietnam’s WTO Commitments, foreign investors shall only be permitted to establish a joint-venture company (without restriction on the contribution rate of foreign investors). Concurrently, Vietnamese partner in the join venture shall be a company already permitted to operate advertisement service. Such joint-venture company shall be allowed to provide advertisement business to almost products. The advertisement of specialized products shall be required to have licenses before  being carried out.

When becoming our legal partners, clients shall be provided with the following general legal services:

  • Providing consultancies on laws and policies for the establishment of company in Vietnam;
  • Assisting in seeking locations for company in Vietnam;
  • Providing policies on taxes, labor… for the operation of company in Vietnam;
  • Drafting applications and documents for the establishment of company in Vietnam;
  • Submitting, explaining the application dossier, under the authorization of the client, to the licensing authority and following the licensing process;
  • Other services: translation, legalization, notarization…

Besides, we also provide our clients with post-establishment assisting services as follows:

  • Providing regular consulting for the company during its operation in Vietnam;
  • Providing consultancies on structure of operation and management of the company in Vietnam;
  • Other services as agreed with the client.

Some successful cases implemented by Tri Minh Law Firm:

 

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