New regulations on inspection, supervision and suspension of customs procedures for imports and exports
On 6 March 2020, the Ministry of Finance issued Circular 13/2020/TT-BTC on amendments to Circular 13/2015/TT-BTC dated January 30, 2015 on inspection, supervision and suspension of customs procedures for imports and exports that are subject matters of intellectual property rights; control of counterfeit goods and goods infringing intellectual property rights. This new Circular mainly supplements […]
Noteworthy regulations of new Decree no.40/2020/ND-CP
On 6 April 2020, the Government issued Decree no.40/2020/ND-CP specifying the implementation of some articles of the Law on Public Investment. In which, it includes 8 chapters and 54 articles. The Decree takes effect from the date of its signing and applies to organizations and individuals participating in or relating to public investment activities, management […]
INTERPRETING LAW on competition CHANGES.
Last month, Vietnam goverment passed Decree No 35 providing detailed regulations for implementation of a number of articles of Law on competition which take effect on May 15, 2020, lawyer Harry Nguyen - chairperson of SBLAW and Mr. Tieu Quang Khanh shares the key changes of this important decree in Vietnam Investment Review (Vir). On […]
Company Incorporation and License Application for Fintech in Vietnam
Question: We are looking to set up a Fintech for personal loan in Vietnam. We would like to incorporate a company as well as licensing application to start a Fintech business with the help of your esteemed company. Please kindly advise how do we proceed as well as your charges for all required legal works. […]
Employment In Vietnam
Question: We may have the opportunities later this year to have expatriates working in Vietnam or hire local people there. However, we don’t have a company there. We want to find out more about the Vietnam employment law. Please let me know if we could get any services from you. Answer: I am Lawyer of SB […]
Inter-country adoption in Vietnam
Question: I am writing to inquire into adoption in Vietnam. My husband and I are Irish and currently live in Singapore. I understand that as Ireland and Vietnam are both part of The Hague Convention and Irish citizens are able to adopt children from Vietnam. As we currently live in Singapore, I am not sure if it […]
Need a tax lawyer in Vietnam
Question: Hello SBLAW My situation: - I'm having an LLC in USA, in the state of New York My company is a software company, that provides services to the European market only. - I'm a french citizen, but I'm a Vietnamese resident, living in Vietnam. My requirement: 1- I need to know exactly all the […]
Enterprises affected by Covid-19 disease get right to defer tax payment
On 3rd March 2020, General Department of Taxation issued the Dispatch No. 837/TCT-QLDN guiding on deferring tax payment and Exemption of late payment interest applicable to enterprises affected by Covid-19 disease. Accordingly, enterprises under cases as prescribed at Point a, Subclause 1, Clause 31, Circular No. 156/2013/TT-BTC (Property damage caused by natural disaster, conflagrations, or […]
Company registration in Vietnam
Question: Our client wants to buy a company in Vietnam that was registered more than 1 year ago, or register a new Firm and start business activity — distribution of food products and consulting services. So please inform 1) what will be the prices to buy such company in Eur. (ready-made Company or register new […]