Additional fees to set up business in Vietnam

April 24, 2024August 13, 2013 by Tuan Nguyen

ANT Lawyers – From October 1st, 2013, organizations and individuals that set up businesses will have to pay additional fees of VND 300,000 (or USD 15) for business registration. According to the National Decree 05/2012/ND-CP, this fee will be charged for publishing the newly set up company on the business portal where the information of …

New guidelines on issuance of international bonds in Vietnam

April 24, 2024August 8, 2013 by Tuan Nguyen

ANT Lawyers – On July 16th the new law on international bonds has been promulgated. Accordingly, the State Bank of Vietnam issued Circular No. 17/2013/TT-NHNN guiding on foreign exchange management concerning the issuance of international bonds. Enterprises that wish to issue international bonds will have to have the permission to use overseas loan and repayment …

Investment Restrictions of State – owned Enterprises in Vietnam

April 24, 2024July 25, 2013 by Tuan Nguyen

The new law of Vietnam has been promulgated that restrict the investment of state-owned enterprise in its non-core business areas. According to Decree 71/2013/ND-CP dated July 11th, 2013, state-owned enterprises are not allowed to make capital contribution or investment in real estate sector (excluding the business with business line in the real estate sector), in …

Income tax for foreigners working in Vietnam

April 24, 2024July 25, 2013 by Tuan Nguyen

A foreign individual is determined to have the tax resident in Vietnam if it meets one of the following conditions: Have been in Vietnam for 183 days or more in one calendar year or within 12 consecutive months, counted from the first day in Vietnam. The number of days stayed in Vietnam is based on the …

Vienam new laws on the safety of electronic transactions

April 24, 2024July 22, 2013 by Tuan Nguyen

The Ministry of Finance of Vietnam recently issued new regulations on the electronic trading in the stock market. The Circular 87/2013/TT-BTC provides a range of content to enhance security requirements for GDCKTT (Online Stock Trading) information, including required authenticaion information using digital certificates and digital signatures. Furthermore, the Circular lists provisions for licenses to provide …

New provisions on e-commerce law

April 24, 2024July 4, 2013 by Tuan Nguyen

ANT Lawyers – Jul 4th, 2013. The new Vietnam law on managing e-commerce websites has been issued. The Ministry for Industry and Trade Vietnam recently promulgate Circular 12/2013/TT-BCT that prescribes notification procedures, registration and disclosure of information related to e-commerce websites. Accordingly, websites of organizations or individuals that are registered to provide e-commerce services will …

New guidelines on Vietnam tax laws on VAT refund for exporters

April 24, 2024June 19, 2013 by Tuan Nguyen

ANT Lawyers – new guidelines on Vietnam tax laws have been issued by Vietnam Ministry of Finance. The Circular 65/2012/TT-BTC provides guidance on VAT regulations for trading enterprises. This provisions lay down that the monthly VAT refund will not be applied on enterprises that are only trading of goods and services for export but will …

New guidance on Vietnam corporate law for listed company

April 24, 2024June 15, 2013 by Tuan Nguyen

ANT Lawyers – A new law provides guidance on Vietnam corporate laws for consolidated or merged companies listed on Vietnam Stock exchange has been issued by Vietnam Ministry of Finance. The recently issued Circular 73/2013/TT-BTC specifically provides guidance on the conditions and procedures for listing shares of a company after consolidation or merger. The circular references a …

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June 12, 2013 by Tuan Nguyen

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May 18, 2020June 12, 2013 by Tuan Nguyen

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