LEGAL RISKS RELATING TO PROJECT LOCATION IN IRC APPLICATIONS FOR RESTAURANT BUSINESSES IN VIETNAM
We are a company incorporated in the United Kingdom and are planning to establish a company in Vietnam to operate a restaurant business. For the purpose of implementing the investment project, we entered into a lease agreement with Company A (a Vietnamese company) to use the premises as our head office and restaurant location. After […]
PROCEDURES AND CONDITIONS FOR OBTAINING AN INDUSTRIAL ALCOHOL PRODUCTION LICENSE FOR 3 MILLION LITERS PER YEAR
Question: My company is planning to invest in an industrial alcohol production plant with a projected capacity of 3 million liters per year. I would like to understand the current legal regulations regarding the application for a license for this scale. Specifically, what conditions must the enterprise meet in terms of facilities and personnel? What […]
SOMENEW PROVISIONS OF THE INVESTMENT LAW 2025
Question: I am a foreign investor planning to establish a company in Vietnam to implement a project in late 2026. I understand that Vietnam has just promulgated the 2025 Investment Law. I would like to ask what new points there are, compared with the Investment Law 2020, regarding the establishment of an economic organization before […]
Consultation on Internal Labor Regulations
Question: Our company has 22 employees. May I ask whether our company is required to register internal labor regulations? Answer: Pursuant to Clause 1, Article 119 of the Labor Code 2019, it is stipulated as follows: Registration of internal labor regulations Employers employing 10 or more employees are required to register their internal labor regulations […]
Consultation on Goods Labeling
Question: Our company is planning to import several product items for sale. I would like to ask whether goods labels on the Vietnamese market are required to be presented in Vietnamese. Answer: Pursuant to Article 7 of Decree No. 43/2017/ND-CP (as amended by Clause 4, Article 1 of Decree No. 111/2021/ND-CP), the language used on […]
Tax Consultation
Question: Pursuant to the amended Law on Personal Income Tax, which takes effect from 01 July 2026, I have a question regarding the progressive personal income tax tariff and its applicable period: will it be applied from 01 January 2026 or from 01 July 2026? Answer: According to Clause 2, Article 29 of the Law […]
Consultation on Overtime Income Tax
Question: I would like to ask whether overtime wages are exempt from personal income tax. Answer: Pursuant to Clause 8, Article 4 of the Law on Personal Income Tax 2025, which specifically stipulates incomes exempt from personal income tax, the provisions are as follows: Tax-exempt income 1.Income from the transfer, inheritance, or receipt of gifts […]
Mr. Nguyen Thanh Ha – Chairman of SB Law – has been named to The A-List: Top 100 Lawyers in Vietnam by Asia Business Law Journal.
This recognition underscores Mr. Nguyen Thanh Ha’s leadership and professional stature in steering SB Law into a law firm with a well-defined strategic focus on business and investment advisory, dispute resolution, and intellectual property, while proactively responding to the evolving legal demands of the digital economy. Throughout his legal practice, Mr. Nguyen Thanh Ha has […]
Phantom Shares in Vietnamese Companies: Legal Consequences of Unpaid Capital
Scenario: Tech Company X was established by three members (A, B, and C) with a registered charter capital of 3 billion VND, divided equally at 33.3% each (equivalent to 1 billion VND per person). On the Enterprise Registration Certificate (ERC), all three are recorded as having fully contributed their capital. However, in reality, after six […]