Announcing relocation of SB Law HCMC office

Announcing relocation of SB Law HCMC office

SB Law Ho Chi Minh City Office will be relocated to the following address on 1 April 2013. SB Law Ho Chi Minh City Office Suite 5I, 5th Floor, VTP Building, 8 Nguyen Hue, District 1. Tel: (+84-8) 352. 08.101 Fax:(+84-8) 352.08.102 Email: info@sblaw.vn Website: https://www.sblaw.vn We would like to express our sincere thanks to our valuable […]

Legal update 26/3/2013

TAX – FEE – CHARGE VND 450,000 IS THE CHARGE POLICE OFFICERS MUST PAY FOR TESTING ON DRIVING CAR On March 19, 2012, the Ministry of Finance issued the Circular No. 32/2013/TT-BTC 2013 promulgating the regime of collection, payment, management and use of charges for granting the driving road motor license for People’s Police. Accordingly, […]

Legal Updates 3\12\2013

THE HIGHEST FEE FOR VERIFYING MEDICAL PROFESSION STANDARS IS VND 20 MILLION The Ministry of Finance issued the Circular No. 03/2013/TTBTC dated January 08, 2013 on the fees for verifying conditional lines of business; the fees for verifying the standards and conditions for medical practice and pharmacy practice; the fees for issuing License to import, […]

New regulation on amending the company income tax preferences

On November 15, 2012, Ministry of Finance issued Circular No. 199/2012/TT-BTC guiding the implementation of the Decree No. 122/2011/NĐ-CP dated 27/12/2011 on amending the company income tax preferences for companies being enjoyed the company income tax incentives by meeting the conditions on the export rate which are terminated by meeting the conditions on the export […]

Foreign entities must pay the Company Income Tax (CIT) for equity transfer operation.

Under the Dispatch No. 3835/TCT-CS of General Department of Taxation dated 01/11/2012, the equity transferring of foreign entities are regulated as follows: – In case the foreign entity, which contributing capital in the Vietnamese company, transfers capital to abroad parent company, this entity must pay CIT for equity transferring if arising income. – In case […]

Circular on the establishment and operation of Securities Company

Ministry of Finance issued Circular No. 210/2012/TT-BTC dated November 30, 2012 for guiding the establishment and operation of Securities Company. The details of this circular are: – Securities Company, which is established as joint stock entity or limited liability entity with two or more members, must have at least two founding shareholders or members, which […]

Capital requirement for foreign-owned projects in Vietnam.

(S&B Law) When investing in Vietnam, one of the biggest concerns of investor is the investment capital of the projects. Under the regulation on investment, the investment capital is the total amount of charter capital and loan. Additionally, there are some business lines requesting the legalized capital such as real estate, finance. However, when examining […]

Opportunities, challenges of Vietnam’s economy in 2013

A conference highlighting the opportunities and challenges for the Vietnamese economy in 2013 was held in HCM City on March 1, attracting the participation of numerous businesses and economists. The event, organised by the Vietnam Economic Times, aimed to share information and experience among businesses, and find out ways to promote their activities in the […]

ASEAN-EU 2013: Opportunity for practical cooperation

The 3rd ASEAN-EU Business Summit – a high profile forum for economic dialogue – aims to foster stronger trade and investment ties between the two blocs. Hanoi will host the 3rd ASEAN-EU Business Summit (ASEAN-EU 2013) in conjunction with the 19th ASEAN Economic Ministers Retreat on March 9. The event is organized by the European […]