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How to set up a Semiconductor Chip Factory In Vietnam

How to set up a Semiconductor Chip Factory In Vietnam

Vietnam will launch a robust incentive framework to attract foreign investment in high-tech industries, particularly in the semiconductor and electronics sectors. This framework, backed by central and local government budgets, will include preferential land policies, and streamlined administrative procedures, with a focus on companies with advanced technologies and strong research...

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Procedures for Establishing a Travel and Tourism Company in Vietnam

Procedures for Establishing a Travel and Tourism Company in Vietnam

Travel and tourism services are currently a popular business sector for investors in Vietnam. To operate legally, investors need to register a business and obtain a license for domestic or international travel services before commencing business activities.

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Registration/Notification Procedures for E-commerce Websites with the Ministry of Industry and Trade

Registration/Notification Procedures for E-commerce Websites with the Ministry of Industry and Trade

E-commerce activity is the conduct of part or all of the process of commercial activity by electronic means connected to the Internet, a mobile telecommunications network, or other open networks. E-commerce service is an e-commerce activity whereby a trader or organization providing e-commerce services establishes an e-commerce website to provide...

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Decree No. 135/2024/ND-CP introduces new mechanisms to promote the development of self-generated and self-consumed rooftop solar power

November 12, 2024 | Legal Updates
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.

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Procedures for Registering an E-commerce Trading Floor in Vietnam

Procedures 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.

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Procedures for filing bankruptcy for businesses in Vietnam

Procedures 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.

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Official Dispatch No. 3227/TCT-CS on Corporate Income Tax on Interest from Bank Deposits of Representative Offices of Foreign Traders in Vietnam

October 8, 2024 | Legal Updates
Official 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”).

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Consular Certification and Legalization in Vietnam

September 30, 2024 | News
Consular Certification and Legalization in Vietnam

This guide explains consular certification and legalization in Vietnam, including the processes, requirements, and tips for a smooth experience.

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Establishment of Da Nang Free Trade Zone: Opening Doors for Investment

Establishment 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...

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Declaration of Personal Income Tax In Danang

September 27, 2024 | Tax
Personal Income Tax in Vietnam

Foreigners living in Vietnam and working online for companies overseas are required to declare and pay taxes in accordance with Vietnamese law.

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