Advisory on 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 […]
Advisory on Wine Import by Foreign-Invested Enterprises
Question: Our company is a foreign-invested enterprise and currently needs to apply for a license to import wine for distribution of this product in Northern Vietnam. May we ask whether current laws permit us to carry out this activity? Answer: Pursuant to Article 30 of Decree No. 105/2017/ND-CP as amended by Clause 22, Article […]
Advisory on Executing Confidentiality and Non-Competition Agreements (NDA) Following Termination of Employment Contracts
Question: My Company is collaborating with an Enterprise from the United States. In the cooperation agreement between the two parties, the US Enterprise has included a clause requiring "When an employee leaves the company, the employee shall execute a commitment with my Company that they will not work for competitors". Under Vietnamese law, may my […]
Consultation on Debt Payment Responsibility
Question: My company has acquired Company A (which is a single-member limited liability company). Before the acquisition, Company A had an outstanding debt owed to Company B. After my company completed the acquisition of Company A, Company B sent us a written request for payment of this debt. In this case, which party is responsible […]
PROCEDURE FOR ADJUSTMENT OF BUSINESS LICENSE
Our company is ABC Company Limited (100% foreign-owned), currently operating in the field of retail distribution of goods. We would like to amend our Business License for the following reasons: (1) Change of the company’s head office address (within Ho Chi Minh City); (2) Addition of a new legal representative. We would like to receive […]
PROCEDURES FOR ESTABLISHING A REAL ESTATE BROKERAGE COMPANY
I plan to establish a real estate brokerage company. What conditions does my company need to meet, and what are the required documents and procedures? Answer: 1. Conditions for establishing a company Establish a business in accordance with the law on enterprises: + Single-member Limited Liability Company + Multi-member Limited Liability Company + Joint Stock […]
Consultation on the Eligibility to Establish a Household Business
Question: I have registered a household business in Can Tho City. As my business is expanding, I would like to apply for another household business license in An Giang. What procedures must I follow to register this new household business? Answer: According to Article 82 of Decree No. 168/2025/NĐ-CP dated June 30, 2025, of […]
Consultation on Naming a Household Business
Question: I would like to name my household business using an English name. Is that permissible? Please advise how to name a household business in compliance with the law. Answer: According to Article 86 of Decree No. 168/2025/NĐ-CP dated June 30, 2025, issued by the Government, the owner of a household business may choose an […]
CAPITAL INCREASE PROCEDURES FOR A MULTI-MEMBER LLC
Our company is a limited liability company with two or more members and currently intends to increase its charter capital. We kindly request your firm to provide guidance on the procedures and steps for implementing the capital increase, as well as the required documentation and important legal considerations. Answer 1. Forms of capital increase: Increase […]