Our company plans to relocate its head office to a new address. What legal procedures are required? Answer: When a foreign-invested enterprise changes its head office address, both the Enterprise Registration Certificate (ERC) and the Investment Registration Certificate (IRC) must be amended, especially if the relocation involves moving to another province or city. The procedures […]

After the company earns a profit, we wish to distribute the profit to the capital-contributing members. Are there any regulations we should be aware of? Answer: The distribution of profits in a limited liability company with foreign investment must comply with the following principles: 1.1. Conditions for Profit Distribution: According to Article 69 of the […]

We wish to transfer our capital contribution to another investor. What is the legal procedure for doing so? Answer: The transfer of capital contribution that results in a change of members in a foreign-invested company involves the following steps: 1.1. Verification of Eligibility of the New Foreign Investor: If the new investor is a foreign […]

  Our company is a foreign-invested limited liability company. We intend to increase our charter capital to expand business operations. What are the legal procedures and required documents? Answer: According to the Law on Enterprises 2020 and the Law on Investment 2020, an increase in charter capital of an FLLC requires two simultaneous procedures: 1.1. […]

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 […]