Post-Tax Profit Distribution in a Foreign-Invested Company

After the company earns a profit, we wish to distribute the profit to the capital-contributing members. Are there any regulations we should be aware of? Answer: The distribution of profits in a limited liability company with foreign investment must comply with the following principles: 1.1. Conditions for Profit Distribution: According to Article 69 of the […]

Increase in Charter Capital of a Foreign-Invested Limited Liability Company

  Our company is a foreign-invested limited liability company. We intend to increase our charter capital to expand business operations. What are the legal procedures and required documents? Answer: According to the Law on Enterprises 2020 and the Law on Investment 2020, an increase in charter capital of an FLLC requires two simultaneous procedures: 1.1. […]

Procedures and Dossier for Obtaining a Retail Business License

Question: Currently, our company does not yet have a business license for retail distribution: (What are the procedures, what documents are required, and what is the legal basis?) Answer: Enterprises intending to engage in retail distribution activities in Vietnam must apply for a Business License from the Department of Industry and Trade in the locality […]

The Process of Dissolving a Foreign-Invested Company in Vietnam

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 […]

Setup a manufacturing unit

Question: We are garment exporter from Thailand and want to set up a manufacturing unit in Vietnam in order to expand our business. Please advise

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MINING & QUARYING

GDP From Mining in Vietnam increased to 235921 VND Billion in the third quarter of 2016 from 148434 VND Billion in the second quarter of

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MANUFACTURING

With slowing economic growth and rising labor costs encroaching on the profitability of traditional Chinese manufacturing operations, Vietnam has a emerged as a destination of

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INFORMATION & COMMUNICATION

1. Overview Since the “Doi Moi” or Renovation were introduced in 1986, the Information and Communications sector has quickly affirmed its position in the soci-economic

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