Question: The fabric supplier is an FDI enterprise operating under the export processing model. During the process of exporting fabric materials to us, there arises a situation in which a quantity of goods is supplied free of charge (FOC goods). This FOC quantity was declared under an export declaration using the payment method "no payment." […]

Question: We are currently in the process of applying for the termination of the tax code validity in order to close our Ho Chi Minh City Branch. However, upon submission, the Tax Officer advised us to reconsider as the closure of the HCMC Branch may give rise to the following two issues: 1. Temporary exit […]

Question: Our company intends to establish a company in the United States and assign employees from Vietnam to work at the newly established entity. Kindly advise us on the legal procedures and requirements that must be fulfilled both in the United States and in Vietnam in order to achieve this objective. Answer Establishing a Company […]

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 […]

Question: Are there any tax obligations in Vietnam when transferring the capital contribution back to our company in South Korea? If so, what are the applicable tax rates and how are they determined? Answer: Since Company A must fulfill all its tax obligations to the competent authorities before completing the dissolution process, the remittance of […]