Vietnamese Companies Going Global

Investing abroad from Vietnam is not simply a commercial decision. Outbound investment requires its own registration, capital cannot be transferred until it is granted, and profits must be repatriated according to the approved plan.

Wise Counsel advises Vietnamese companies expanding overseas — on the Vietnamese approvals, the offshore structure, and coordination with counsel in the destination country.

What we help with

• Advising on the outbound investment registration procedure and required documents
• Structuring the offshore holding entity and the ownership chain
• Advising on the offshore investment capital account and permitted transfers
• Coordinating with foreign counsel on incorporation and licensing abroad
• Advising on tax consequences in Vietnam and in the destination country
• Profit repatriation obligations and reporting to Vietnamese authorities
• Advising on transfer of intellectual property and technology offshore
• Compliance with foreign exchange rules throughout the investment period

Money that leaves Vietnam without the right registration is difficult to bring back and difficult to explain. We complete the approval before the first transfer.