Legal services related to dossier on assessment of impact of personal data processing according to decree NO. 13/2023/ND-CP
Since July 1, 2023, the effective date of Decree No.13/2023/ND-CP, the establishment and storage of dossier on assessment of impact of personal data processing have become one of the important obligations of enterprises. According to the regulation in the Decree, these dossiers must always be available to serve the inspection and assessment activities of the […]
Business suspension of company
Question: My company needs to suspend the business for some reasons and intends to do so before August 2024. I would like to receive advice on the procedure and documentation required to request a suspension of business activities. During this period, do we still need to pay taxes and submit tax declaration dossiers? Answer: Business […]
SBLAW consultancy for investors from UAE
On the morning of April 17, 2024, SB Law had the honor of welcoming clients from the United Arab Emirates (UAE) to its Saigon office to discuss the establishment of a foreign-invested trading company in Vietnam. This visit once again demonstrates the allure and significant potential that the Vietnamese market offers to international investors, as […]
Preferential Tax Policy for Industrial Zones in Vietnam
Vietnam's industrial zones (IZs) have emerged as a focal point for foreign direct investment (FDI) in Southeast Asia. This attractiveness can be attributed, in part, to the government's strategic implementation of a preferential tax regime within these designated areas. This regime offers significant financial incentives for businesses seeking to establish operations in Vietnam, fostering a […]
Visa Entry Vietnam: Types and Time limit
Foreign nationals seeking entry into Vietnam must obtain a visa in advance, with the type and validity period determining their permissible activities and duration of stay. This article aims to provide a comprehensive guide on the types of visas available for entry into Vietnam and their respective time limits. Types of Vietnamese Visas There are […]
How to apply for Vietnam work visa to work in Vietnam
Foreigners seeking employment in Vietnam require a work visa (LD visa) alongside a work permit. This article delves into procedures for obtaining a Vietnam work visa specifically for employment purposes. Key Stages of the Application Process: The application process for a Vietnam work visa involves two primary stages: Stage 1: Employer-Initiated Work Permit Application Demand […]
Land Law 2024: A Significant Step in Land Management and Utilization and the Hope of Resolving Agricultural Land Hoarding and Abandonment
The Land Law 2024 marks a pivotal moment in comprehensively amending regulations governing land usage. The Land Law 2024 introduces several crucial amendments aimed at facilitating favorable conditions and providing clarity on legal provisions for businesses and investors These changes include restructuring the land valuation mechanism, expanding mortgage opportunities, and simplifying land clearance procedures, […]
Is a share transfer contract legal without the approval of the General Meeting of Shareholders
On July 26, 2023, the People's Court of Ho Chi Minh City announced Judgment No. 1255/2023/KDTM-ST on the dispute over the share transfer contract. The content of the dispute is as follows: On January 22, 2018, Ms. Th signed a contract to receive common shares with Mr. T, who was a founding shareholder and also […]
Value Added Tax (VAT) Reduction for Embroidery Machines
On April 16, 2024, the General Department of Customs issued Circular No. 1603/TCHQ-TXNK providing guidance on VAT reduction for embroidery machines as per Decree No. 94/2023/NĐ-CP dated December 28, 2023. In accordance with Article 1(1) of Decree No. 94/2023/NĐ-CP, the VAT reduction policy applies to commodity groups subject to a tax rate of 10% (reduced […]