Why Open Company in Vietnam Attractive? Amid the current geopolitical conflicts worldwide, Vietnam continues to emerge as a favorable destination for business ventures. Foreigners increasingly find Vietnam an attractive option to invest and open company in Vietnam due to its relatively low costs and strategic location, making it a viable base for providing services to … Read More
Opening a business in Vietnam has increasingly become a opportunity for foreign investors, thanks to the country’s strong economic growth, strategic location in Southeast Asia, and proactive government reforms aimed at improving the business climate. However, venturing into the Vietnamese market involves navigating through various cultural, legal, and procedural intricacies. The following aims to provide … Read More
1. Why to start a business in Vietnam? In recent years, Vietnam has become an attractive destination for foreign investment thanks to its advantages of security, political stability, and favorable geographical position to trade with the world. This is both the connection center of the region and the gateway to penetrate the economies in the … Read More
Expanding gross domestic product (GDP), modern infrastructure and a dramatic increase in foreign direct investment (FDI) are signs that Vietnam has transformed into an attractive investment destination, but there are still barriers to doing business in Vietnam which are best navigated with local help on board. Current Situations of Foreign Investors Doing Business in Vietnam … Read More
According to Viet Nam’s commitments under the framework of the WTO and EVFTA agreement, foreign investors are allowed to establish foreign-invested enterprises to conduct business activities in Vietnam. However, the order and procedures for establishing enterprises for foreign investors must comply with the provisions of Vietnamese law. Accordingly, this process consists of two main steps: … Read More
Provisions on announcing of business information are stipulated in the Law on Enterprise and other decrees which company has to comply as part of compliance procedures. After being granted an enterprise registration certificate, under the Enterprise Law, an enterprise must publicly announce it on the National Business Registration Portal according to the order, procedures and … Read More
On Jun 12th, 2018, The National Assembly promulgated Competition Law which will take effect from July 1st, 2019 and replace the Competition Law 2004. According to Article 3.9, violation of regulations on economic concentration is one of three signs of violation of competition law. Firstly, economic concentration includes the following forms: (1) Merger of enterprises; … Read More
On August 28, 2019, in the Toronto city, Canada, Chairman of Danang People’s Committee chaired a roundtable talk about Canada-Danang investment cooperation. At the conference, the Chairman of Danang City People’s Committee introduced the investment and business environment, as well as exchanging cooperation and investment opportunities to investors in Canada. The city also expressed its … Read More
On March 25th, 2019, Nemo Partners TMS and Da Nang Investment Promotion Agency (IPA) signed a Memorandum of Understanding (MOU) for Investment Promotion into Da Nang. As a strategic partner in the legal and professional services of Nemo Partners TMS, Mr Tuan Nguyen, the Managing Partner of ANT Lawyers attended this meeting and personally sent … Read More
Legal Based: Law on Accounting 2015; Circular 297/2016/TT-BTC on granting, management and usage of certificates of eligible for providing accounting services. 1. Form of business a. An accounting firm may be established in the form as follows: A multi-member limited liability company; A partnership; A private enterprise. The accounting firm must not contribute capital to … Read More
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