Is an employee who resigns without prior notice required to pay compensation?

Question: I signed a 02-year definite-term labor contract, but I currently want to resign immediately without giving prior notice to the company. Am I required to pay compensation?.  Answer: Pursuant to Article 35 of the 2019 Labor Code, an employee has the right to unilaterally terminate a labor contract, provided that the statutory notice period […]

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 […]

Corporate Income Tax Policy

Corporate Income Tax Policy

On June 3, 2024, the General Department of Taxation issued Official Dispatch No. 2328/TCT-CS regarding corporate income tax policy. Based on Clause 2, Article 19

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Exemption and Reduction of Non-Agricultural Land Use Tax

Personal Income Tax Policy

On May 30, 2024, the Binh Duong Provincial Tax Department issued Official Dispatch No. 14748/CTBDU-TTHT regarding personal income tax policy. Based on Clause 2, Article

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Accounting for Fixed Assets

Accounting for Fixed Assets

On May 30, 2024, the Binh Duong Provincial Tax Department issued Official Dispatch No. 14754/CTBDU-TTHT regarding the accounting for fixed assets. Based on Circular No.

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