Investment projects in Vietnam could be evaluated and approved for business setting up at top level of the government, at ministerial levels or at the provincial levels. The licensing authorities for business setting up in Vietnam has been divided to distribute workloads at different state agencies with aim to speed up the process and attract more quality investment projects in Vietnam. In … Read More
Foreign entities can set up company or set up branch offices in Vietnam to carry out business activities. There are several main different aspects between opening a branch office or establishing a foreign owned company in Vietnam. 1.Conditions -Permits for establishment of Vietnam-based branches of foreign enterprise shall each have a valid term of five years. … Read More
Before Vietnam joined World Trading Organization (WTO), distribution and import, export activities conducted by foreign owned entities are strictly regulated by Vietnam government. As such, foreigners could only conduct the import of goods through the Vietnam agents. Since 2007, Vietnam has become an official member of WTO and it had to commit a route to open local market … Read More
Vietnam Prime Minister on Mar 18th, 2016 has issued decision 428 QD-TTG which approved the national power development plan til 2020 with visions extended til 2030. This is expected to boost the competitive environment in a way to attract investment in thermal, water, wind and other sustainable power from various sources in Vietnam. We hereby … Read More
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 … Read More
The Decree No.52 regulates the development, application and management of e-commerce activities in Vietnam, including the setting up company and business in e-commerce website, e-commerce trading floor and other forms of business in modern world. ANT Lawyers, a law firm in Vietnam introduces the degree for reference as following: THE GOVERNMENT Decree No. 52/2013/ND-CP dated … Read More
On Jan 25th, 2011, the Vietnam Ministry of Health has promulgated Circular No: 06/2011/TT-BYT regulating cosmetics management in Vietnam to implement the ASEAN hamonized cosmetic regulations scheme that Vietnam has rectified. The circular details the regulations in cosmetics labeling, cosmetics proclamation or notification, cosmetic advertising in Vietnam. Below is the circular: CIRCULAR PROVIDING COSMETIC MANAGEMENT … Read More
NATIONAL ASSEMBLY No. 60-2005-QH11 SOCIALIST REPUBLIC OF VIỆT NAM Independence – Freedom – Happiness Hà Nội, November 29, 2005 LAW ON ENTERPRISESS Pursuant to the 1992 Constitution of the Socialist Republic of Việt Nam as amended and supplemented by Resolution 51-2001-QH10 dated 25 December 2001 of Legislature X of the National Assembly at its 10th session. This … Read More
Startup Legal Essentials: What Hanoi Law Firms Can Do for New Businesses Starting a new business venture is an exciting journey filled with endless possibilities. For startups choosing to set up company in Hanoi, the vibrant capital of Vietnam, ensuring a solid legal foundation is essential for long-term success. This is where law firms in … Read More
On December 30, 2020, the Government issued Decree No. 152/2020/ND-CP regulating foreign workers working in Vietnam and recruiting and managing Vietnamese employees to work for the foreign employers in Vietnam. In which, foreign workers in Vietnam are not required to be granted work permits include: The employee is the owner or capital contributor of a … Read More
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