Advice on closing representative office
Question: We are in process of liquidation and close of AB Projects as its project term was expired. AB Projects is a wholly foreign owned company having 2 rep offices in Hanoi and Ho Chi Minh city. In order to close AB Projects, we need to close the 2 rep offices first. What we have […]
Advice on Termination Labour Contract
Question: Can you give me some information regarding terminating of a labour contract. As an exmployee what rights do I have if my employer terminates my employment after signing a 12 month contract. Answer: Regarding your queries, please find the hereunder our opinion for your references. As per the information provided by you, your employer and […]
Advice on Representative office
Question: Our company want to employ one people in Vietnam for liaison/ seeking business opportunity. Is it necessary for us to set up a RO for this purpose? What are the details we need to beware if we need to set up a RO/hiring people (i.e. employment contract, tax issues (Personal Income Tax), social insurance, […]
The enforcement of International commercial arbitration court at Trading-industrial chamber of Ukraine on the territory of the Vietnam
Question: I am representing interests of the company from Ukraine. In 2013 year our company worked with a company from Vietnam (is locating in Ha Noi). Relations between companies led to negative results, we had to apply to the International Commercial Arbitration Court at the Chamber of Commerce of Ukraine (the trial was stated in […]
Comestic product registration in Vietnam
Question: We would prefer to hold the product rights ourselves depending on the cost of the whole project. Could you advise on the following: What are the risk & cost for using an importer, distributor or agent to distribute our products? Would you be able to recommend us any importer, distributor or agent in Vietnam? […]
Formation company in Vietnam
Question: Please explain us how to incorporate Ltd. company in Vietnam. Price and term? Shareholders will be non residents of Vietnam. Do you have nominal Vietnam shareholder of Director? Is this possible to have non-resident Director ? Tax regime? What about currency exchange regulation? Business is import of cosmetics to Vietnam. Also we need to understand […]
Legal Retainer Service for Business
Question: At present, my company needs to expand its investment capital and develop its market abroad. Recognizing the business process, it is easy to incur risks in terms of investment, business cooperation, tax and intellectual property issues. The company executive board thinks it is necessary to work with a competent legal entity to regularly consult […]
Investing in Myanmar – Legal and Tax FAQs (for Investors from Vietnam)
Investing in Myanmar – Legal and Tax FAQs (for Investors from Vietnam) Investment vehicles 1.1. What investment vehicles are available? Foreign investors may set up a representative office, branch or company. Representative offices and branches are not specifically regulated in the Myanmar Companies Act, but the Directorate of Investment and Company Administration (“DICA”) issues […]
Recordal of the Assignment in Vietnam
Question: Our company intends to assigned all marks to its sister company. Please offer us your charge for the assignment and also prepare required document for my company execution. Answer: Regarding your enquiries concerning the subject matter, we would like to advise you on the procedure and our fee schedule for recordal of the assignment […]