Exemption or reduction of rent for land with water surface

Exemption or reduction of rent for land with water surface

On March 8, 2024, the General Department of Taxation issued Official Dispatch No. 886/TCT-CS on reducing land rent. Regarding land rent reduction from 2020-2022, according to the provisions of law, businesses that submit applications for land rent or water surface rent reduction after March 31, 2023 will not be considered for land rent reduction. , […]

Navigating Investment Project Extension Challenges in Vietnam

Navigating Investment Project Extension Challenges in Vietnam

In accordance with Point d, Clause 55.3 of Decree No. 31/2021/ND-CP issued by the Government on 26 March 2021, which elaborates on certain articles of the Law on Investment 2020, it is mandated that for investment projects utilizing land, the investor must follow extension procedures within six months prior to the expiration of its duration […]

Foreign Representative Offices in Vietnam: Legal Insights

Foreign Representative Offices in Vietnam Legal Insights

In Vietnam, foreign enterprises have a valuable opportunity to expand their commercial footprint by establishing representative offices. This strategic avenue enables companies to explore the Vietnamese market without the burdens of significant initial investment or corporate income tax obligations. However, meticulous attention to the legal framework is imperative to ensure compliance and mitigate any potential […]

Circular 19: Establishing prices for new solar and wind power projects

Circular 19: Establishing prices for new solar and wind power projects

On November 1, 2023, the Ministry of Industry and Trade issued Circular No. 19/2023/TT-BCT stipulating the method of building a power generation price frame applicable to solar power plants and wind power plants, laying the foundation for climate reality FiT (Feed-in Tariff) for solar and wind power projects. Scope of regulation and applicable subjects Circular […]

Overcoming Challenges for Offshore Wind Power Development in Vietnam

Circular 19: Establishing prices for new solar and wind power projects

Hanoi, Vietnam – In a significant move towards sustainable energy, the Prime Minister of Vietnam issued Decision No. QD-TTg on May 15, 2023, approving the National Electricity Development Planning for the period 2021-2030 and the vision for 2050, also known as “the VIII Electricity Planning.” This landmark decision underscores the commitment to increase the share […]

Navigating Vietnam’s New Data Protection Landscape: Decree No.13/2023/ND-CP

Navigating Vietnam's New Data Protection Landscape

Navigating Vietnam’s New Data Protection Landscape: Decree No.13/2023/ND-CP dated 17 April 2023 on the protection of personal data (“Decree No. 13/2023/ND-CP”). In a significant stride towards enhancing cybersecurity and fortifying data protection measures, Vietnam Government has introduced Decree No.13/2023/ND-CP becoming effective from 1st July 2023. This Decree mandates enterprises in the country acting as Personal […]

SBLAW Lawyers conduct information security training for Japanese FDI Enterprises

SBLAW Lawyers conduct information security training for Japanese FDI Enterprises

With the robust advancement of technology today, facilitating the connection and transmission of information between businesses has become both easy and convenient. However, this convenience also harbors numerous risks of corporate information leakage, leading to severe consequences for reputation, finances, and various other substantial losses for businesses. For example, in cases where a business collaborates […]

DIVISION OF INHERITANCE

I have a question regarding the division of inheritance. Both my parents have passed away, so what do we need to do to distribute the estate among siblings in the family? Answer: In terms of procedural sequence, the process of dividing inheritance can be imagined as follows: The heirs must notify the opening of inheritance […]

TRANSFER OF LAND OWNERSHIP IN VIETNAM

TRANSFER OF LAND OWNERSHIP IN VIETNAM I have a quick question regarding the transfer of land ownership. Currently, I am abroad and unable to return to Vietnam. However, due to my family facing difficulties, I want to transfer the ownership of land in Vietnam to someone else. Can you advise if there is a method […]