After establishing a company in Vietnam, the compay has to perform a number of legal procedures for compliance purpose. First, they have to declare the license tax. The tax declaration should be submitted to tax authorities. If the taxpayer has branch in the same province, the tax declarations of the branch should be submitted to the taxpayer’s …
According to Clause 4 of Article 2 of the Law on criminal record, criminal record card is the document issued by the competent state agencies for organizations and individuals, proving that individuals have or do not have criminal record. The problem is that, for how long since the date that state agencies issue the criminal …
According to Bloomberg, the mergers and acquisitions activity (M&A) in Vietnam will hit record since the foreign investors are very interested in the consumer sector – which is developing very fast. The Institute of Mergers, Acquisitions and Alliances in Vietnam announced that the M&A activities related to Vietnam companies increased by 40% in 2015, reaching …
Recently, the Ministry of Industry and Trade of Vietnam has carried out investigations to apply anti-dumping measures against some commodities imported into Vietnam. The law of Vietnam also has a number of law documents governing this matter in detail. Specifically, ordinance No. 20/2004/PL-UBTVQH11 issued on April 29th, 2004 of the Standing Committee of the National Assembly and the …
In order to be granted the work permit for foreigner, completing the immigration or reside procedures in a country, foreigners who are or have been residing in Vietnam must apply for a criminal record for the time that they residing in Vietnam. Foreigners who are or have been temporarily residing in Vietnam have the right …
Pursuant to Decree No. 11/2016/ND-CP of the Government that will take effect April 1st 2016, the below cases of foreigner will not have to apply for work permits in Vietnam: -As capital contributing members or the owner of limited liability company. -As member of the Managing Board of the joint stock company. -As Head of …
Cosmetics are areas of highly regulated in Vietnam as they apply on human and could create health concern. Hence, cosmetics imported into Vietnam have to be applied special procedures to ensure safety. Cosmetics regulations in Vietnam would lay out provisions that importers and manufacturers to follow. To carry out the Combination Convention in the cosmetic …
Circular 23/2015/TT-BCT of the Ministry of Industry and Trade providing for the order and procedure for the investment of thermal power plant project in the form of build, operate and transfer. On July 13th 2015, the Ministry of Industry and Trade issued Circular 23/2015/TT-BCT providing for the order and procedure for the investment of thermal …
This new regulations take effect from April 1st 2016. Decree 11/2016/ND-CP dated February 3rd 2016 detailing the implementation of the provisions on the granting of work permit to foreign laborers working in Vietnam. This Decree replaces the Decree 102/2013/ND-CP. Firstly, the Decree 11/2016/ND-CP (Decree 11) clearly stipulating the concept of professionals, managers and CEO. Besides …
Vietnam law recently has some new regulations on the procedure of marriage registration with foreign element in Vietnam. According to the Civil Status Law, the changes in the marriage registration with foreign element entered into force on January 1st 2016. The new Civil Status Law has strongly decentralized for local government with the provision that …
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