The original article Conditions for initial public offering of shares of joint-stock companies in Viet Nam Initial public offering, also known as IPO (abbreviated in English: Initial Public Offering) refers to the operation of a company for the first time to raise capital widely from the public through the initial issuance of shares and listing…
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The original article Can a person under 18 years old own capital in the company in Viet Nam? Issue: I am the owner and legal representative of a one-member limited liability company. I have a 16-year-old son and I want my son to own 40% of the company’s charter capital. Can my son own capital…
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The original article of Business operating ahead of schedule have announced to suspend business in Viet Nam Issue: I am the owner of a two-member limited company. My company has suspended operating and doing business since October 2021. I carried out the procedure for notifying the business suspension to the Department of Planning and Investment…
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The original article Are an employee’s rights and interests affected when participating in a confidentiality agreement in Viet Nam? Issue: My company and I have signed a confidentiality agreement in a commitment, but this commitment is not attached to the labor contract. In which: “Within a year from the date of resignation, the Employee is…
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Question: Recently, Vietnamese businesses register international domains through overseas suppliers (e.g. units: name.com, domain.com, namecheap.com, etc.) or use attached services, such as storage, security, etc. at these units, do they need to declare contractor tax? Looking for an answer. Answer: Currently, according to tax regulations, the VAT rate applied to domain name registration is divided…
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Issue: I am sponsored by my family member to permanently reside in Vietnam; however, I do not know what advantages I will have when I may put card into hand? Moreover, which notes do I need to bear in mind about the procedures of applying to get a permanent residence card in Vietnam? Dear Sir/Madam,…
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Step 1: Preparing a dossier in accordance with law Reference link Permanent residence application documents Step 2[1]: Applying documents Case (1) (2): Submit at Immigration Department of the Ministry of Public Security. Case (3) (4): Submit at Division of Immigration Administration of Public Security in the province, cities under the jurisdiction of the central government.…
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Contents of permanent residence documents consist[1]: 1. Application form; Valued sample NA12 2. Criminal Record issued by competent authorities in which you are citizen; 3. An authenticated copy of passport; 4. Documents prove lawful living place and stable incomes that ensure a decent standard of living in Vietnam; Documents prove lawful living place documents such…
Read article Issue: I am American, I have stayed and worked in Vietnam for 3 years. I took pleasure in living in Vietnam, and I desire to become a Vietnamese citizen. However, I do not know how to get a permanent residence card, I am here to ask about this problem, many thanks for replying! Dear Sir/Madam,…
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Legal consequences of non-existent capital in Viet Nam Original article written in Vietnamese Hậu quả pháp lý của việc tăng vốn ảo Review of Finance of Viet Nam commented: “Increasing non-existent capital is a successful increase in capital on the books, but the actual cash flow sees no changes”. Businesses raise non-existent capital for different…
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