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. […]

Consultation on Conditions, Documentation, and Risks in Profit Distribution and Repatriation of Profits Abroad

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

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 […]