Decree No. 135/2024/ND-CP introduces new mechanisms to promote the development of self-generated and self-consumed rooftop solar power
On October 22, 2024, the Vietnamese Government issued Decree No. 135/2024/ND-CP ("Decree 135") to promote the development of rooftop solar power (RSP) for self-generation and self-consumption (i.e., solar power generated and consumed by an organization or individual to serve their own needs). The Decree took effect immediately upon its issuance.
Continue ReadingProcedures for Registering an E-commerce Trading Floor in Vietnam
Foreign e-commerce platforms need to complete both enterprise registration and e-commerce platform registration before they can operate in Vietnam.
Continue ReadingProcedures for filing bankruptcy for businesses in Vietnam
The Law on Bankruptcy is applied when resolving bankruptcy cases for enterprises and cooperatives established in the territory of the Socialist Republic of Vietnam.
Continue ReadingOfficial Dispatch No. 3227/TCT-CS on Corporate Income Tax on Interest from Bank Deposits of Representative Offices of Foreign Traders in Vietnam
On July 26, 2024, the General Department of Taxation (“GDT”) issued Official Dispatch No. 3227/TCT-CS (“OD 3227”) in response to the Hanoi Tax Department regarding tax policies related to interest earned on bank deposits by representative offices of foreign traders in Vietnam (“ROs”).
Continue ReadingConsular Certification and Legalization in Vietnam
This guide explains consular certification and legalization in Vietnam, including the processes, requirements, and tips for a smooth experience.
Continue ReadingEstablishment of Da Nang Free Trade Zone: Opening Doors for Investment
The free trade zone in Da Nang is a functional zone with a defined geographical boundary. It is established to pilot mechanisms and policies that streamline business operations and promote economic growth by attracting high-quality investment. These policies aim to attract foreign direct investment in high-tech manufacturing and promote the...
Continue ReadingDeclaration of Personal Income Tax In Danang
Foreigners living in Vietnam and working online for companies overseas are required to declare and pay taxes in accordance with Vietnamese law.
Continue ReadingAttracting Strategic Investors in Danang City, Vietnam
On June 26, 2024, the National Assembly passed Resolution No. 136/2024/QH15 on the organization of urban government and piloting a number of specific mechanisms and policies for the development of Da Nang city. Accordingly, Da Nang city is attracting strategic investors to create momentum for the development of the city...
Continue ReadingSet up A Logistics Company in Vietnam
Setting up a logistics company in Vietnam can be a lucrative opportunity, thanks to the country's growing economy and expanding trade. However, navigating the regulations and requirements can be complex.
Continue ReadingResolution No. 136/2024/QH15 Organization Of Urban Government And Pilot Implementation Of Specific Regulations And Policies On Da Nang City Development
Resolution No. 136/2024/QH15 Organization Of Urban Government And Pilot Implementation Of Specific Regulations And Policies On Da Nang City Development
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