Question: We are a company with 100% foreign capital. We currently own a sales e-commerce platform including 01 website and 01 application for the purpose of allowing customers to order and pay. Check out the air conditioning products that we distribute. We want to know whether these websites and applications have been allowed to operate […]
Question: Our company is a foreign-invested enterprise established in Vietnam, and we are planning to operate a social media platform in the financial sector. Do we need to apply for any licenses for this activity? Answer: According to Clause 6, Article 24 of Decree 147/2024/ND-CP: “Agencies, organizations, and enterprises in Vietnam are only allowed to […]
Question: Our company employs both Vietnamese and foreign workers. I would like to ask whether our company is required to pay trade union fees for foreign workers. Answer: Under the Charter of the Vietnam General Confederation of Labour and Section 3.2 of Guidance No. 03/HD-TLĐ dated February 20, 2020, issued by the Vietnam General Confederation […]
Question: The client is a foreign-invested trading company with a total investment capital of less than 3 billion VND and 2 employees. The question is whether the company is required to hire a Chief Accountant. If required, what are the procedures, requirements, and conditions for hiring one? Answer: Obligation to Appoint a Chief Accountant Based […]
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Cooperation in publishing and distribution of books in Vietnam
Maximum level of fees should not exceed vnd 200,000/copy
SB Law welcomes Lawyer Kavitha Kannan.
Previously, foreign investment cooperation in the field of education, training and scientific research complied with Decree 06/2000/ND-CP date 06/03/2000. This is Decree implemented Foreign Investment Law in Vietnam. Now as the Foreign Investment Law is i
Foreign investment cooperation in the education field is currently subject to Vietnam's WTO commitments. Accordingly, in education, Vietnam only commits to open the education market
For fields and sectors in which business licenses are required, must investors obtain business licenses before or after the issuance of the Investment Certificate?
Business licenses are approvals from the competent State agencies to the enterprise or economic organizations before their commencement of business activities in specific fields; provisions
Previously, foreign investment cooperation in the field of education, training and scientific research complied with Decree 06/2000/ND-CP date 06/03/2000. This is Decree implemented Foreign Investment Law in Vietnam. Now as the Foreign Investment Law is
Foreign investment cooperation in the education field is currently subject to Vietnam's WTO commitments. Accordingly, in education, Vietnam only commits to open the education market
For fields and sectors in which business licenses are required, must investors obtain business licenses before or after the issuance of the Investment Certificate?
Business licenses are approvals from the competent State agencies to the enterprise or economic organizations before their commencement of business activities in specific fields; provisions
Please specify the sectors/lines in which investment laws and relevant laws stipulate that practice permits must be available?
1.Clause 2 Article 7 of the Enterprise Law stipulates that the enterprise is only permitted to commence business if eligible for the sectors/lines which are
Please specify those who have to submit the practice permits?
According to the regulations on the items included in the dossier relating to practice permits (clause 4 Article 16, clause 5 Article 17, clause 5
Operational duration of foreign investment projects in Vietnam
The operational duration of a foreign investment project shall be compatible with the requirements on operation of the project and shall not exceed 50 years. In case
Adjustment of investment projects in Vietnam
When there is a need to adjust investment projects regarding their objectives, scales, locations, forms, capital and duration, the investors shall fill in the following procedures: a)
Examination of investment projects in Vietnam
1. Domestic investment projects and foreign investment projects in Vietnam capitalized at VND 300 billion or more each and those on the list of conditional investment projects must go through examination