Tax in Vietnam
Question: I would like to know if I would be tax liable in Vietnam if: 1. I work for a oil company in Saudi Arabia 2. I have opened a HSBC bank account in Vietnam and my salary (from Saudi Arabia) gets deposited into that account. 3. I am in Vietnam 4 times a year […]
Can we use Corp Sec/Law firm address to register a local Rep office Vietnam?
Question: Can we use Corp Sec/Law firm address to register a local Rep office Vietnam if we do not intend to lease an office? Answer: SBLAW would like to advise you as follows: - In theory, you can use address of Corp Sec/Law firm address to register a local Rep office Vietnam. However, in practice, it […]
Mortgage over Land use right (LUR) in Vietnam
Question: Is is possible to grant a mortgage over land use right in Vietnam in favour of foreign company in connection with the sales and purchase contract (or termination of the contract)? Answer: As your request, SBLAW would like to advise as follows: According to Article No. 172 and 179 of Land Law 2013, Land […]