Question: My company needs to suspend the business for some reasons and intends to do so before August 2024. I would like to receive advice on the procedure and documentation required to request a suspension of business activities. During this period, do we still need to pay taxes and submit tax declaration dossiers? Answer: Business […]

Vietnam's industrial zones (IZs) have emerged as a focal point for foreign direct investment (FDI) in Southeast Asia. This attractiveness can be attributed, in part, to the government's strategic implementation of a preferential tax regime within these designated areas.  This regime offers significant financial incentives for businesses seeking to establish operations in Vietnam, fostering a […]

Foreign nationals seeking entry into Vietnam must obtain a visa in advance, with the type and validity period determining their permissible activities and duration of stay. This article aims to provide a comprehensive guide on the types of visas available for entry into Vietnam and their respective time limits. Types of Vietnamese Visas There are […]

Foreigners seeking employment in Vietnam require a work visa (LD visa) alongside a work permit. This article delves into procedures for obtaining a Vietnam work visa specifically for employment purposes. Key Stages of the Application Process: The application process for a Vietnam work visa involves two primary stages: Stage 1: Employer-Initiated Work Permit Application Demand […]

The Land Law 2024 marks a pivotal moment in comprehensively amending regulations governing land usage. The Land Law 2024 introduces several crucial amendments aimed at facilitating favorable conditions and providing clarity on legal provisions for businesses and investors   These changes include restructuring the land valuation mechanism, expanding mortgage opportunities, and simplifying land clearance procedures, […]