Convening, facilitating and attending directors' and shareholders' meetings and preparing chairman's scripts and minutes
Question: We are foreign company and explore both options further before they make decision - (1) incorporating a Representative Office (Rep Office) and (2) the Single Member Limited Liability Company (SLCC). As we are still in the early stages of the project, can you advise on your fees and time required for the set up of […]
State enterprises not allowed in real estates and security
This content prescribed at the Decree No. 91/2015/ND-CP of the Government on October on investment of state capital in enterprises and management and use of capital and assets at enterprises, takes effect on December 01, 2015. In particular, state enterprises may use assets and capital under their management and use for outside investment, including offshore […]
Citizens have the right to monitor investment projects
On December 30, 2015, the Government issued the Decree No. 84/2015/ND-CP on investment supervision and evaluation; within that, Citizens have the right to monitor investment projects through community investment monitoring boards. In particular, a community investment monitoring board may request competent state management agencies to provide information on socio-economic development master plans, sectoral development master […]
Export processing enterprises may sell their liquidated assets and goods in the inland market
Takes effect on December 25, 2015, the Decree No. 114/2015/ND-CP dated November 09, 2015 Amending and supplementing Article 21 of the Government’s Decree No. 29/2008/ND-CP of March 14, 2008, on industrial parks, export processing zones and economic zones, export processing enterprises may sell their liquidated assets and goods in the inland market in accordance with the […]
Fees for citizen identification card is vnd 50.000/card
In accordance with the Circular No. 170/2015/TT-BTC dated November 09, 2015 of the Ministry of Finance providing on collection rate, collection regime and management of fees for citizen identification card, citizens being 14 years old or over process the procedures of granting the citizen identification card for the first time; change the citizen identification card when they […]
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 […]