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 […]

Advice on financial cooperation

Question: We are seeking the acquiring business in Vietnam. Our Business Scope My company is a Payment Service Provider specialized in eCommerce transactions processing. My

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Business in Vietnam

Question: I am from india and interested to start business in Vietnam. I want to invest in marble quarry so please send me all the

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Exporting skincare into Vietnam

Question: I would like to request information regarding the rules and regulations of exporting skincare from American into Vietnam. Answer: Please see my comments as

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Register Company in Vietnam

Question: We want to register a company in Vietnam. Here are my questions: 1.The Industry Category of our Vietnamese company(our company plans to cooperate with

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