How to apply for Vietnam work visa to work in Vietnam
Foreigners seeking employment in Vietnam require a work visa (LD visa) alongside a work permit. This article delves into procedures for obtaining a Vietnam work visa specifically for employment purposes. Key Stages of the Application Process: The application process for a Vietnam work visa involves two primary stages: Stage 1: Employer-Initiated Work Permit Application Demand […]
Land Law 2024: A Significant Step in Land Management and Utilization and the Hope of Resolving Agricultural Land Hoarding and Abandonment
The Land Law 2024 marks a pivotal moment in comprehensively amending regulations governing land usage. The Land Law 2024 introduces several crucial amendments aimed at facilitating favorable conditions and providing clarity on legal provisions for businesses and investors These changes include restructuring the land valuation mechanism, expanding mortgage opportunities, and simplifying land clearance procedures, […]
Is a share transfer contract legal without the approval of the General Meeting of Shareholders
On July 26, 2023, the People's Court of Ho Chi Minh City announced Judgment No. 1255/2023/KDTM-ST on the dispute over the share transfer contract. The content of the dispute is as follows: On January 22, 2018, Ms. Th signed a contract to receive common shares with Mr. T, who was a founding shareholder and also […]
Value Added Tax (VAT) Reduction for Embroidery Machines
On April 16, 2024, the General Department of Customs issued Circular No. 1603/TCHQ-TXNK providing guidance on VAT reduction for embroidery machines as per Decree No. 94/2023/NĐ-CP dated December 28, 2023. In accordance with Article 1(1) of Decree No. 94/2023/NĐ-CP, the VAT reduction policy applies to commodity groups subject to a tax rate of 10% (reduced […]
Determining Value Added Tax (VAT) refund for the case of a parent company engaged in export activities to its foreign subsidiary
On April 16, 2024, the General Department of Taxation issued Circular No. 1577/TCT-KK regarding VAT refund policies for cases where the parent company engages in export activities to its foreign subsidiary. - Pursuant to legal regulations, in the case where the parent company exports machinery and equipment to its subsidiary established in Cambodia to implement […]
Responding to inquiries regarding commercial invoices
On April 15, 2024, the General Department of Taxation issued Circular No. 1554/TCT-CS providing guidance on invoices. In accordance with legal regulations, commercial invoices not falling under any of the types of electronic invoices stipulated in Decree No. 51/2010/NĐ-CP dated May 14, 2010, and Decree No. 04/2014/NĐ-CP dated January 17, 2014, before the implementation of […]
Guidelines on the sequence and procedures for the establishment and expansion of industrial clusters
On April 10, 2024, the Ministry of Industry and Trade issued Decision No. 821/QD-BCT announcing new administrative procedures in the field of industrial clusters under the management of the Ministry of Industry and Trade. Accordingly, to establish/expand industrial clusters, the following steps need to be taken: 1. Implementation sequence Step 1: Enterprises, cooperatives, organizations submit […]
Are foreign nationals married to Vietnamese citizens required to obtain a work permit?
Question: My company is looking to recruit foreign laborers who are married to Vietnamese citizens. I would like to ask the lawyer if, in this case, the foreign laborer needs to apply for a work permit? What are the procedures and processes? Answer: Legal Basis: - Labor Code No. 45/2019/QH14 issued by the 14th National […]
Coastal encroachment activities according to the Land Law 2024
On April 16, 2024, the Government issued Decree No. 42/2024/NĐ-CP regarding coastal encroachment activities to provide detailed guidance on the provisions of Article 190 of the Land Law 2024. This Decree specifies the following: - Definition of coastal encroachment behavior - Coastal encroachment activities serving national defense, security purposes not within the scope regulated by […]