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We understand that real estate decisions and processes are multifaceted and require combined expertise from brokers and legal consultants. This is why our Legal team works with Vietnam’s leading industrial real estate agencies to deliver the most comprehensive full-service offering on the market.

With our real estate partners, we help our clients manage their industrial assets, sign secure contracts, and access additional services like company establishment, licensing, intellectual property protection, tax, and corporate secretary.

Industrial Real estate & Legal services

This legal guide was prepared by Savills & PLF Law Firm in cooperation

A collaboration of Vietnam’s leading advisors to provide one-stop solutions for industrial market entry and operations in Vietnam

1. About Savills – Vietnam’s best industrial real estate team

Established in 2017, our full-service manufacturing and logistics real estate consultancy is delivered by sector-leading expertise with extensive market knowledge and experience. Our support covers every aspect from market entry to planning and development of leasing investment valuation transaction or disposal.

Industrial Full Service Platform:

• Landlord Advisory: Full range of consultancy services to maximize returns.
• Market Research: Refined research to ensure all unknown variables are quantified to maximize success.
• Development Consultancy: Market entry and expansion.
• Tenant Representation: Formulate systematic transaction strategies, avoid expensive property pitfalls, and add tangible value.
• Sale Leaseback: We guide property owners through tailored refinancing opportunities to help free up capital and improve cash flow while avoiding operational disruption.
• Landlord Advisory: Acquisition, disposal, and consultancy of investment properties and development.

2. About PLF Law Firm – International law firm for industrial real estate

Established in 2009, PLF is a Vietnamese law firm of international standing with extensive local knowledge and expertise.

Over the past 15 years or so, we have advised on countless industrial projects in Vietnam. Our team has experience working with local stakeholders and industrial parks in various regions and manufacturing sectors (such as high-tech electronics, petrochemicals, laboratories, textile & garment, food…).

PLF Law Firm has served over 95% international clients with a dedicated team of more than 25 experts, amassing over 13 years of experience and successfully handling more than 1300 cases.

3. Legal services for industrial real estate

3.1 Industrial market entry

Once potential locations of the industrial project are decided, our team can assess the investment and tax incentives applicable and their eligibility criteria. Then, we determine with our clients the most adequate corporate structures for the project.

We also represent our clients in negotiating the terms of the memorandum of understanding and lease agreements with local authorities, the industrial management board, and landlords.

Our legal services notably include:

• Checking investment and tax incentives eligibility
• Determining the best corporate structure(s)
• Negotiating with local authorities and industrial management boards
• Drafting and reviewing the memorandum of understanding and lease agreements
• Preparing technology transfers and investment approvals.

3.2 Licensing and Post-Licensing

Once the location is confirmed, our lawyers handle the incorporation by drafting and submitting investment application proposals for the Investment Registration Certificate (IRC) and the Enterprise Registration Certificate (ERC).

Once the company is established, we also help obtain any required Sub-licenses such as:

• High-Tech certificate
• Environment license
• Import license
• Trading license
• Fire safety certificate
• Food hygiene certificate

3.3 Labor, Finance, and Intellectual Property

Once the manufacturing company is operating, we keep assisting our clients with in-depth advice and know-how on Labor & Employment, Finance and Intellectual Property matters.

We notably assist our clients with:

• Drafting labor and employment agreements
• Labor disputes
• Intellectual property
• Registering Internal Labor Policies
• Offshore loan declarations and registrations

4. Foreign-invested factories in industrial parks

Notes:

The above schedules are based on the laws of Vietnam and might be longer in practice. This overview is based on the assumption of sub-leasing land from an industrial park.