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Long Term Leases in Cambodia

This article discusses the updated laws and current creatio of long-term leases, which are possible to enter into in Cambodia and are considered a real property right. Also known as perpetual leases, their governing provisions are contained in Book 3 of the Civil Code 2007.

M&A in Vietnam: Notes on cross-ownership on the relation of parent-subsidiary companies

There have been several Vietnamese regulations limiting cross-ownership of parent-subsidiary companies. This articlepresents cases where cross-ownership is not allowed and sanctions imposing the violations.

Tax Clearance and Dissolution of a Company

During COVID-19, many companies have encountered serious financial difficulties and, in order to avoid increasing debt, have declared bankruptcy or chosen to dissolve their entities. This article discusses dissolution of a company and director and shareholder liability.

When To Seal Documents

To authenticate or mark a document created by or related to themselves, organizations and individuals often must sign on that document. Vietnamese law also now stipulates that some documents are required to have a seal next to the signature. This article discusses some cases where a seal on the document is needed.

Children’s Right To Decisions In A Parental Divorce

In addition to common assets division, child custody is a most concerned issue to parents when divorcing. Many people believe that children do not have the right to choose a parental custodian and that only parents have the right to decide. However, a Court might collect childrens' opinions to determine who they want to live with in divorce cases.

Outbound investment procedures: 30 Frequently Asked Questions And Answers

This FAQ format article provides an overview of outbound investment procedures, the terms and conditions for transferring capital for outbound investment, and profit remittance when carrying out outbound investment pursuant to the prevailing laws of Vietnam.

Cambodia: VAT Registration Deadline Looms for Non-resident E-Commerce Providers

Mediation: A Star in the Making as a Dispute Resolution Method for Commercial Disputes (Focus on Thailand)

Mediation and its benefits are increasingly recognized, particularly in Southeast Asia. Mediation was first codified in the Thailand’s Code of Civil Procedure 1934. Several pieces of legislation have since incorporated mediation in Thai law. This article discusses Mediation in Thailand.

Labor Compliance for New Business in Cambodia

The Cambodian Labor Law, promulgated in 1997, and its amendments in 2007, 2018, and 2021 applies to all employer-employee relationships where the work is performed within the Kingdom of Cambodia. This article provides a brief overview of labor compliance for new businesses in Cambodia.

Vietnam cross-border lending guide

Vietnam continues to be an attractive destination for foreign investors. Both Vietnamese and foreign-invested enterprises constantly require debt capital from overseas lenders to establish and grow their businesses. In this guide, we set out an overview of the basic principles of cross-border lending into Vietnam and address some issues frequently encountered by foreign lenders and domestic borrowers.

Foreign Loans Are Not Guaranteed By The Government and Some Notable Points

Current Vietnamese law has separate and specific provisions for foreign loan activities. Accordingly, enterprises must comply with regulations on loan conditions, foreign debts repayment, registering loans, using foreign loan accounts, etc. This article provides procedures and notes for making foreign loans.

Overview of Vietnam Laws on Nuclear Energy

Vietnam has developed and promulgated an atomic energy legal system to create a legal framework for the safe and efficient development of nuclear power. This article briefly discusses the Vietnamese laws regarding nuclear energy.

Consular Certification & Consular Legalization: Special differences

To be recognized and used abroad or in Vietnam, certain documents must have Consular Certification or Consular Legalization. In this article, BLawyers explains further regarding these two procedures.

EY Vietnam Tax Update - November 2021

This update highlights the following: New guidance on special investment incentives, Resolution on support to businesses and people affected by COVID-10, VAT refund applications for enterprises after converting into export processing enterprises, Tax treatment of in-kind donations for COVID-19, COVID-19 related expenses.

Capital surplus and 3 notes under Vietnamese laws

While the term capital surplus is common in business activities, investors should understand its meaning in Vietnam. This article will introduce some information and notable issues regarding capital surplus under Vietnamese laws.

4 Licenses That An Alcohol Trader Should Study Before Conducting Business In Vietnam

Alcohol is a commodity on the list of conditional business goods for both domestic and foreign investors. Therefore, after completing the procedures for investment and business registration, foreign investors must also apply for alcohol business licenses. This article introduces the types of licenses required.

Arbitration: the More Business Savvy, Practical International Bedfellow of Litigation in Thailand

A stable, autonomous judiciary naturally commands the trust of a nation’s citizenry while inspiring confidence and peace-of-mind among foreign actors: this is crucial in terms of their investments and commercial activities, that they will receive fair and equal treatment whenever certain dealings come into dispute when doing business in the host country. Thailand has provided just such a robust legal system.

Overview of new legal documents and some important tax policies during the Covid-19 pandemic

Covers: Government’s regulations to encourage businesses during Covid-19 situation, CIT and VAT regulations and guidelines during the Covid-19 pandemic, PIT related issues on expenses paid for employees during the Covid-19 pandemic, and Other support policies.

Economic Concentration Under the Laws of Vietnam

Economic concentration is a situation where a small number of firms account for a large proportion of economic activity such as total sales, assets or employment. This article discusses forms and characteristics of economic concentration in Vietnam (competition law).

Arbitration Agreements – Conditions to be Effective, and Some Notes

Pursuant to Article 3.2 of Law on Commercial Arbitration 2010 (“Law on Commercial Arbitration”), Arbitration Agreement is understood as an agreement between the parties on the settlement of disputes that may arise or have arisen through the arbitration method. This agreement can be made before or after a dispute occurs and shall satisfy certain conditions as prescribed by laws.