Amending the Investment Certificate regarding the change of legal representative of FDI Company.
We refer with thanks to the conservation between you and our representative via email from which we were requested to advice on possibilities of amending the Investment Certificate regarding the change of legal representative of FDI Company (hereinafter referred to as “Company”), under the Law of Vietnam. Therefore, we are grateful to set our Legal […]
Establishment of Foreign Invested Company in Vietnam
This is reference to your email from which, we understand that you would like us to advise on establishment of Foreign Invested Company (hereinafter referred to as “FIC’) to provide advisory, guidance and operational assistance services concerning decision areas which are financial in nature, such as working capital and liquidity management, determination of an appropriate capital […]
About foreigner set up company in Vietnam
Investor: I am a foreigner. I would like to know about the costing and procedures to set up a limited company in Vietnam. The company provides services including: advisory, guidance and operational assistance services concerning decision areas which are financial in nature, such as working capital and liquidity management, determination of an appropriate capital structure, analysis […]
Foreign Contractor withholding and other legal advice for Foreign Investors
Question: I'm looking for some legal advice and possible legal retention on ongoing business I as a business consultant for an education firm in HCM City. I've recently run into some difficulty receiving payment for invoices due - banks have asked for tax id information, and I've given them my American IRS Employer Identification Number, but […]
Consulting on Trade Union contributions
Question: Currently our Phu Tho Trade Union allows our Company to pay TU fees & member fees based on the minimum regional based salary for all TU members. The Company is paying all the TU contribution including the employee part Please help advise the effectiveness of the regulations and how the company can minimize the cost […]
Office set up inquiry - SB Law Vietnam
Client: I catch your name thru SB Law bulletin then got rough picture regarding your capacity in trade field As market from / to ASEAN keep grow up, therefore we intend set up freight forwarder regional branch in : 1- Ha Noi first, then 2- Ho Chi Minh later. After that, sub-branch at 3- HaiPhong 4- Vinh, & 5- Da Nang, the […]
By 2020, automobile price is reduced towards 2020 and an orientation towards 2030
Taking effect on the signing date, the Decision No. 1829/QD-TTg issued on October 28, 2015 of the Prime Minister mentions on ratification of action plan for development of automobile and automobile part industry to implement Vietnam’s industrialization strategy within the framework of Vietnam – Japan cooperation towards 2020 and an orientation towards 2030. Under the […]
Individuals may import only 1 automobile and 1 motorcycle within one year
This is regulated under the Circular No. 143/2015/TT-BTC dated September 11, 2015 of the Ministry of Finance prescribing customs procedures for, and management of, automobiles and motorcycles of subjects permitted to import or temporarily import these automobiles and motorcycles for noncommercial purposes. Specifically, Vietnamese organization or individual may, within 1 (one) year, import only 1 […]
May import used equipment with age not exceed 10 years
This is one of the significant contents under the Circular No. 23/2015/TT-BKHCN dated November 13, 2015 of the Ministry of Science and Technology on import of used machinery, equipment and technological lines and it takes effect on July 01, 2016. A piece of used equipment may be imported if it satisfies the following criteria: its […]