Personal income tax applicable to bank deposits
Question: Is interest income from my bank deposits (including foreign currency deposits) subject to personal income tax? Answer: Pursuant to subclause g.1, point g, Clause 1, Article 3 of Circular No. 111/2013/TT-BTC, the following is stipulated: Income exempt from tax Pursuant to the provisions of Article 4 of the Law on Personal Income […]
Household businesses using electronic invoices and paying tax on a per-occurrence basis
Question: Does my household business need to cease using electronic invoices after switching to the tax payment method on a per-occurrence basis? Answer: Pursuant to Clause 1, Article 16 of Decree No. 123/2020/ND-CP, as amended and supplemented by Clause 12, Article 1 of Decree No. 70/2025/ND-CP, the cases requiring cessation of electronic invoice […]
SB Law TP.HCM Receives Representatives of DeHeng Law Offices – Promoting International Legal Cooperation
On 13/03/2026, at the SB Law TP.HCM office, SB Law received representatives of DeHeng Law Offices – one of the leading law firms in China, providing comprehensive legal services to clients domestically and internationally. Attending the meeting, DeHeng was represented by Lawyer Yang Qian and members of its team, while SB Law was represented by […]
Tax Determination in Capital Contribution Transfer Activities
Question: My Company is a US-based enterprise planning to transfer ownership of Company B - which is a first-tier subsidiary of my Company in Canada - to Company E. Under current law, Company C is a subsidiary of Company B in Vietnam and a second-tier subsidiary of my Company - has the responsibility to declare […]
Procedures Required for Implementing Advertising
Question: If I want to display advertisements for my partners’ products and services on a dedicated advertising screen installed at my company’s headquarters, what procedures do I need to carry out? Answer: Procedures that the client must carry out Pursuant to Clauses 1 and 2, Article 31 of the Law on Advertising 2012: Article 31. […]
Employer’s Responsibilities Toward Employees Undergoing Mental Health Treatment
Question: In cases where an employee suffers from a mental health condition (such as depression or anxiety disorders), what legal responsibilities does the employer have to ensure the employee’s rights and benefits? Answer: Pursuant to Article 48 of the Social Insurance Law 2024, the responsibilities of employers in processing sickness allowance benefits for employees are […]
LEGAL CONSEQUENCES OF SHAREHOLDERS’S DELAYED CAPITAL CONTRIBUTION IN A BUSINESS
Our company is a joint-stock company established on August 1, 2024, with a registered charter capital of VND 10 billion. According to regulations, founding shareholders must contribute the committed capital within the legally prescribed period. However, to date, some shareholders have not fully contributed their capital. In this case, is the company violating capital contribution […]
Procedures for obtaining a Certificate of Vietnamese Nationality for persons who have acquired foreign nationality
Question: I am a Vietnamese citizen currently working in Canada and have completed the procedures for obtaining Canadian citizenship. However, I have not yet renounced my Vietnamese citizenship. Since my wife and children still reside in Vietnam, I will frequently stay there temporarily while working in Canada. I would like to ask what procedures I […]
CAN THE APPROVAL FOR SHARE ACQUISITION BE OBTAINED WHEN REQUIRED BY THE BANK, EVEN IF REGISTRATION IS NOT MANDATORY?
Question: Our company is a foreign-invested economic organization and is conducting a share transfer transaction. According to regulations, our company is not required to register for share acquisition. However, when executing the transaction at the bank, we were asked to provide the approval letter for share acquisition from the Department of Planning and Investment. In […]