Determine The Demand For Using Foreign Laborers In Vietnam
According to Article 4 of Decree No. 152/2020/NĐ-CP dated December 30, 2020 (“Decree 152”), the employer is responsible for determining the demand for using foreign labor in their company and reports the Demand to the Ministry of Labor – War Invalids and Social Affairs or the People’s Committee of the...
Continue ReadingWork Permit Exemption In Viet Nam In 2023
According to Article 7, Decree No. 152/ND-CP on foreigners working in VietNam and recruitment and management of Vietnamese workers working for foreign employers in Viet Nam (“Decree 152”), the foreign workers are in cases for work permit exemption as follows
Continue ReadingMulti-Member Limited Liability Company In Vietnam
According to Article 46.1 of the Law on Enterprise, A multi-member Limited Liability Company is an enterprise that has from two to fifty members that are organizations and individuals. A member’s liability for the enterprise’s debts and other liabilities shall be equal to the amount of capital that the member...
Continue ReadingCharter In The Company In Viet Nam
Article 24 of the Law on Enterprises in Vietnam prescribes the guidelines that companies must observe while formulating their charter. The company charter assumes a pivotal role as a legal document that outlines the company's organizational structure, roles, and responsibilities. This document encapsulates the original charter presented during the registration...
Continue ReadingDivorce By Mutual Consent In Viet Nam
Divorce by mutual consent in Viet Nam means the termination of the marriage relationship between the husband and wife according to their wish.
Continue Reading2022 Foreign Investment in Vietnam
In 2022, nearly 27.72 billion USD of foreign investment will enter Vietnam
Continue ReadingNew Rules About Information Reporting Obligation Of Local E-Commerce Platforms
On 30 October 2022, the Government issued Decree No. 91/2022/ND-CP (“Decree 91”), amending a number of articles of Decree No. 126/2020/ND-CP (“Decree 126”) guiding the Law on Tax Administrative. Decree 91, which took effect on 30 October 2022, addresses the issue of provisional quarterly corporate income tax payments and introduces...
Continue ReadingTrade remedies in Vietnam
According to the Article 67 of the Law on Foreign Trade Management No. 05/2017/QH14 dated 12 June 2017 (“Law No.05”), trade remedies include: (i) Anti-dumping measure; (ii) Countervailing measure; (iii) Safeguard measure that are imposed on imports into Vietnam by the Minister of Industry and Trade in each specific case.
Continue ReadingForeign Debt Registration for companies in Viet Nam
The companies in Viet Nam must register the loans when borrowing funds from outside Viet Nam. According to the Article No. 9 of Circular No. 03/2016/TT-NHNN dated February 26, 2016, Loans subject to registration with the State Bank include:
Continue ReadingBinh Dinh is committed to "rolling out the carpet" to welcome investors
During the investment promotion trip to Korea, the leader of Binh Dinh province pledged to create the best conditions for these national enterprises
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