Providing foreign loans in USD to Subsidiary companies

Question: A parent company in Vietnam intends to lend a sum of capital in US Dollars (USD) to its subsidiary in Hong Kong (an enterprise with the parent company’s capital contribution in the form of direct investment). What are the procedures, steps, and necessary documents required to carry out this loan?   Answer: Conditions for […]

Does a monthly salary of VND 20 million require personal income tax finalization?

Question: My monthly salary is 20 million VND, and the company has already deducted PIT. Do I still need to finalize my personal income tax at year-end? Answer: Pursuant to Article 25 of Circular 111/2013/TT-BTC (guiding the Personal Income Tax Law) and Decree 126/2020/ND-CP: Individuals with income from salaries/wages under labor contracts of 3 months […]

Consultation on bank loans secured by valuable papers

Question: Our company plans to borrow capital from the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) to invest in production and business. To secure the loan, the company intends to pledge all shares of the Vietnam Aircraft Leasing Joint Stock Company – an affiliated company of the Joint Stock Commercial Bank […]

Storing accounting documents by electronic means

Question: Our company intends to store accounting documents by electronic means. Therefore, in order to achieve this objective, we kindly request SB Law to assess the potential advantages and risks that may arise from electronic storage of accounting records, as well as to advise us on the method of digital signing for each type of […]

Controlled testing mechanism in the Banking Sector

On April 29, 2025, the Government of Vietnam issued Decree 94/2025/ND-CP, providing for a regulatory sandbox in the banking sector. This Decree, effective as of July 1, 2025, establishes a legal framework that enables the controlled testing of financial technology (fintech) solutions in a strictly supervised environment. The primary objectives are to promote innovation, modernize […]