Vietnam has become a vibrant market for technology companies, advertising agencies, and diverse service providers such as music, film, cloud storage, images, etc. The promising outlook of the Vietnamese market is increasingly driving service providers to aim for long-term commitment, but along with that comes the requirement for transparency regarding tax declaration and income in…
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According to the current Law on Enterprise, Vietnam has 05 types of enterprises including: One-member limited-liability company, Multiple-member limited liability company, Joint-stock company, Sole proprietorships, and Partnerships. Each type has its advantages and disadvantages, so depending on the needs of the individual and organization wish to establish will choose the appropriate type. This table below will generalize the characteristics of different types…
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To become the foreign investor in Vietnam, the object must have two conditions: – First, individuals with foreign nationally or organizations established under the laws of foreign; – Second, they carry out business investment activities in the Vietnam market; [1] Article 3.19 The Law on Investment 2020
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13. What applications do investor’s children need to prepare to move to Vietnam school? – Admission application which signed by parents; – Resume summary; – Copy and Vietnamese translation of necessary certificates (evidence or confirmation from the competent and authority of the country sending the training is required); – Transcript or school confirmation of academic…
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Continuing Series 1 – Some notices when investors want to bring their family go to investment country – Vietnam, foreign investors and NTLaw will further explore the aspects related to foreign investors engaging in business activities in Vietnam. 7. Agency, processing time for procedures of granting Business Registration Certificate? – After preparing the application, investors…
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When investing in countries, many investors want to save most of the time traveling between the investment country and their home country, so they decide to bring their whole family to the investment country, and that is too rare in the Vietnamese market. It is easy to come across practical situations such as the case…
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Enterprises foreign investment, when operating in Vietnam, must perform 5 types of investment reports each year. A. Reports on invesment activities in Vietnam[1] Periodic reports on a quarterly basis Periodic reports on an annual basic Report form Form A.III.1 Form A.III.2 Report time Before dates April 10th; July 10th September 10th; January 10th the…
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Question: I am a Japanese investor and I intend to invest in a company in Viet Nam. The main activity in the Vietnamese company that I plan to operate is selling foods, such as dried fruits, cashews, etc. to consumers through e-commerce websites, such as Shopee, Lazada in Viet Nam. Then, when buying and selling…
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This is a new detailing of the law for recruiting foreign labor in Vietnam starting from January 1, 2024. Enterprises are only allowed to recruit foreign labor after posting announcements of Vietnamese labor recruitment on the official Website portal of the Ministry of Labor – Invalids and Social Affairs of Vietnam or on the Website…
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Question: I am a foreigner, not residing in Viet Nam but in Singapore. I start to plan to invest capital in a company in Viet Nam. But in order for the company to operate, it needs to be transferred a source of money to carry out the business. So in my case, do I need…
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