The state bank of vietnam to make confirmation of foreign loans within 15 days
On September 24, 2013, the State bank of Vietnam issued Circular No. 22/2013/TT-NHNN on guiding procedures for registration and change registration of foreign loan and international bond issuance guaranteed by the Government. In this Circular, the State bank gives specific guidance on the procedures for registration and change registration of foreign loans and of international […]
91 jobs in prohibited list for minor persons
On June 10, 2013, the Ministry of Labor, War Invalids and Social Affairs promulgates the Circular No. 10/2013/TT-BLĐTBXH to provide the lists of jobs and workplaces in which the employment of minor persons is prohibited.. The list consists of 91 probihited jobs applied to minor persons in hazardous environment in contact with harmful micro-organisms; in […]
Announcing relocation of SB Law, Hanoi Head Office.
SB Law Hanoi Head Office will be relocated to the following address on 1 October 2013. SB Law Hanoi Head Office 18th Floor, Center Building, Hapulico Complex, No. 85 Vu Trong Phung Street, Thanh Xuan District, Hanoi. Tel: (84) 4 62 62 0246 Fax: (84) 4 66 64 0246Email: info@sblaw.vn Website: https://www.sblaw.vn We would like to express our […]
Fines up to VND 100 million are applied to Vietnamese workers who illegally leaving the contractual workplace
This is one of the content stipulated in Decree No. 95/2013/ND-CP dated August 22, 2013 of the Government on penalties of administrative violations in labor, social insurance and overseas manpower supply by contract.. According to the Decree, Vietnamese guest workers in other countries shall carry a fine from VND 80 million to VND 100 million […]
Fine up to VND 60 million for violating regulations on price stabilization
On September 24, 2013, the Government issued the Decree No. 109/2013/ND-CP prescribing on sanctioning administrative violations in the field of prices, charges and fees, and invoices. Of which, one of the most significant points is the increase of fine level regarding administrative violations in these field.. Specifically, fines of between VND 40 million and 60 […]
SB Law won The Legal 500’s award
(SB Law) The Legal 500 is one of the honorable global organizations specifying in ranking and assessing the law firms in member nations. Under the standard of The Legal 500, Clients will decide the partner providing legal service in accordance with their business. In Vietnam, The Legal 500 assessed the law firms under the legal […]
Some notes to protect the trademark in Vietnam
To protect the trademark in Vietnam, we would like to advise you on procedure and our fee schedule in relation to the trademark registration proceeding in Vietnam as follows: 1. FEE SCHEDULE The basic fees are calculated based on the number of class of goods/services which your trademark is trading on. Therefore, to have our fixed quotation, please answer the following […]
New process of obtaining work permit in Vietnam.
Regarding the new process of obtaining work permit for foreigner working in Vietnam that takes effect from November 1st 2013, S&B Law would like to provide the information as follows: On September 6th, 2013, the new Decree 102/2013/ND-CP, issued by Ministry of Labour, Invalids and Social Affairs (MOLISA), provides guidelines on the management of foreign nationals working […]
Guidance on tax since doing business in Vietnam.
Under the Vietnam Law, following taxes may affect to the foreign invested company in Vietnam: Corporate Income Tax which is levied on the taxable income of the FIC. Taxable income of the FIC to be calculated Corporate Income Tax shall be revenues generated in its course of production less reasonable expenses in the relevant fiscal […]