SET UP AND INVEST
Starting a business in Vietnam
Plan the entity, licenses, funding and practical steps needed before launch.
Read the guideInvestment Restrictions of State – owned Enterprises in Vietnam
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
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
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
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
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
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 …
State Bank of Vietnam delays effective date of Circular 02
ANT Lawyers – The State Bank of Vietnam officially delayed the application date of Circular 02/2013/TT-NHNN. This Circular will serve as general guidance for banking related issues like classifications on assets, levels and methods of provisions, and risk handling. Furthermore, this Circular will outline conditions for enterprises such that they have better access to bank …
New guidelines determining 1% Import Tax Reduction of gasoline products
ANT Lawyers – a new Tax regulation in Vietnam has been issued by the Ministry of Finance. In particular, to ensure stable prices for petro products import, the Ministry of Finance instituted a new import tax adjustment in its recent Circular 70/2013/TT-BTC. After three consecutive increases in import tax rates (12% up to 19%), the …
New regulations in e-commerce in Vietnam: Prohibited forms of e-commerce
ANT Lawyers – On May 16th, 2013, a new regulations on e-commerce in Vietnam has been issued by the Government. The new Decree No. 52/2013/ND-CP lists specific groups of e-commerce activities that are prohibited in Vietnam. The Decree also explains the differences between e-commerce websites and e-commerce service provision websites. These new provisions are applicable …
International Interns Working at Vietnam Law Firm
ANT Lawyers is a law firm in Vietnam with offices in Hanoi and Ho Chi Minh City. We are part of an international networks of law firm, Prae Legal covering 5 continents. ANT Lawyers have received a number of international interns from various law schools being including Vietnam Law Firm Receiving Interns from Virginia School …