LEGAL REGULATIONS ON THE LICENSING PROCEDURE FOR FOREIGN INVESTORS

Question: I have read several articles stating that under the Law on Investment 2025, foreign investors are now allowed to apply for an Enterprise Registration Certificate first without necessarily obtaining an Investment Registration Certificate. Is that correct?   Answer According to the Law on Investment 2025, foreign investors are permitted to establish an economic organization […]

Procedures For Changing The Legal Representative

Our company is a multiple-member limited liability company and is now planning to carry out the procedures to change its legal representative. Please advise what documents need to be prepared, the steps to be taken, the order of procedures, and the statutory processing time under current regulations. Answer: At the request of the Client, we […]

Identification Of Beneficial Owner For A Single-Member Limited Liability Company

I intend to establish a Single-Member Limited Liability Company, in which I will be the sole owner holding 100% of the charter capital and directly managing the company’s operations. Under the new regulations on enterprise registration, enterprises are required to record information on their beneficial owner(s). In my case, how will the beneficial owner be […]

Identification Of Beneficial Owner: Criteria Applicable To Joint Stock Companies

I am a shareholder of a joint stock company with a charter capital of VND 500,000,000, divided into 500,000 common shares. Accordingly, the total number of voting shares of the Company is 500,000. The specific ownership structure is as follows: Mr. A holds 200,000 common shares; Mr. B holds 200,000 common shares; and Mr. C […]

Consultation on conditional business sectors for foreign investors

Question: Our company is a wholly foreign-owned enterprise and is currently planning to cooperate with a Vietnamese company to jointly invest in and operate a nursing home providing elderly care services. May I ask whether the current laws of Vietnam allow foreign companies to participate in this field?  Answer: According to Appendix I on the […]

The Vietnam Customs Law 2005

This Vietnam Customs Law 2005 prescribes the State management over customs with regard to exported, imported or transited goods, transport means on exit, entry and

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The Vietnam Environmental Protection Law 2005

This Vietnam Environmental Protection Law 2005 provides for environmental protection; for policies,measures and resources for environmental protection;and for the rights and obligations of organizations,households and

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The Vietnam Land Law 2003

This Vietnam Land Law 2003 prescribes the powers and responsibilities of the State which represents the entire-people owner of land and uniformly manages land; the

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The Vietnam VAT Law 2008

This Vietnam VAT Law 2008 provides for objects subject and not subject to value-added tax, taxpayers, tax bases, tax calculation methods, and tax credit and

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The Vietnam Tendering Law 2005

This Vietnam Tendering Law 2005 regulates tendering activities in order to select contractors for provision of consultancy services, for procurement of goods, and for construction

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The Vietnam Accounting Law 2003

This Vietnam Accounting Law 2003 governs the principles, objects and definitions of accounting, conduct, organizational structure, profession and the State control of accounting. This Vietnam

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