Ask: Our company has a loan from our parent company abroad. Are we required to submit any reports and if so, how should we comply with this requirement? Answer According on the information you provided, if your company has a loan from its overseas parent company, it must comply with the reporting requirements as stipulated […]

Question: Dear Lawyer, My company only registered for the normal trading business, we will soon have a partner who wants to buy goods from abroad, but when checking the tax system, the status is "not registered for import-export". Do we need to register for the import-export business? If we do not register in time, will […]

Dissolving a foreign-invested company (FIC) in Vietnam is a complex legal process that requires strict compliance with legal regulations. To ensure a smooth and efficient process, obtaining support from legal professionals is crucial. This article provides an overview of the FIC dissolution process, based on the services offered by professional law firms. Key Stages of […]

Consultation on Conditions, Documentation, and Risks in Profit Distribution and Repatriation of Profits Abroad Question: What documents are required for profit distribution and overseas remittance of profits, and are there any potential risks? Answer:              1. Conditions for profit distribution and overseas remittance of profits a. Preparation of financial statements […]

Consultation on Implementation of New Investment Projects by Established Foreign-Invested Economic Organizations in Vietnam Question: Is it permissible for an existing economic organization to initiate a new investment project? What is the legal basis? Answer: A foreign-invested economic organization that has already been established in Vietnam may implement a new investment project without necessarily having […]