This Q&A format article regarding representative Offices of foreign traders in Vietnam provide an overview of the establishment, operation, personnel, and closure of a representative office pursuant to the prevailing laws of Vietnam.
Foreign direct investment in Vietnam, which is growing rapidly, is controlled by the government under the the regulations on foreign exchange management. Nghiem Xuan Hong An of Grant Thornton Vietnam explains how foreign investors need to implement their investments via a direct investment capital account.
In this update: Decree 53 on Vietnam's Preferential Import and Export Tariff to implement the Free Trade Agreement between Vietnam and the United Kingdom UKVFTA, Circular 02 dated 11 June 2021 regulating rules of origin for the UKVFTA, and Circular 43 amending Circular 219 providing guidance on the Law on VAT.
This Tax update for June 2021 provides information on: New guidance on declaring VAT and personal income tax with respect to business individuals, Amended guidance on the application of 5% VAT on medical devices, and new developments on the CIT incentives for projects manufacturing supporting industry products.
In this article ADK Lawyers provide some legal information regarding buying Off plan housing in Vietnam including legal basis, classification of off-plan, the law on sale and purchase for off-plan, and actual practice for off-plan purchases.
Trademarks speculation will persist until trademark token use continues; the legal regulations do not have a mechanism to handle issues related to the actual use requirements, the scale or limit of use of the mark in the production. trade or proof of use or intent to use (including renewal).
In this newsletter: Decree No. 31/2021/ND-CP detailing and guiding the implementation of the Law on Investment, Decree 53/2021/ND-CP on Vietnam’s preferential export tariff and special preferential import tariff for the implementation of UKVFTA in the 2021-2022 period, and much more.
The data centre market in Vietnam is a sector which is attractive for foreign investments. However, it is important to take into consideration certain points, such as data protection, required licences, build vs lease. In case of an M&A there are issues that might have to be considered depending on the type of deal.
This Q&A outlines in as much as detail as is currently available, the rights and obligations of employers and employees when it comes to vaccination in Bangladesh, Cambodia, Indonesia, the Lao PDR, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
Security conditions are intended to help the lender prevent risks, establish the right and order to handle the collateral that the lender can guarantee and minimize the risks for loans. This article discusses the conditions of content and form required for security transactions in Vietnam.
This Customs update covers new developments and issues including customs duty and procedures, HS code and origin of goods, registration and use of duty-free list, and contract manufacturing / toll manufacturing for export models, and business activities of export-processing enterprises.
This article discusses the rules, regulations and future of cryptocurrency in Vietnam.
An Overview of the key measures, exemptions and initiatives being pursued in efforts to mitigate the effects of the COVID-19 pandemic throughout the region as of June 2021.
Based on our experience with recent share transfer transactions, we have summarized the top five tax issues of which buyers and sellers of shares in Cambodian entities should be aware.
Conditions for foreign investors to invest in logistics real estate in Vietnam
Vietnam's personal data protection rules are scattered across a number of laws with many of the provisions unclear and lacking clarity. The Ministry of Public Security has proposed a draft decree with more complete regulation as well as a Personal Data Protection Committee, an independent body under the government.
On 31 December 2020, the Government issued Decree 155 elaborating the Law on Securities 2019, which came into effect on 1 January 2021. This Special Alert will discuss the changes with significant impact to the securities market of Vietnam.
In this Tax update: Circular 23/2021/TT-BTC which discusses printing, issuance, management and the use of electronic stamps for alcohol and tobacco, Decision No. 1182/QD-BCT providing the List of imported goods subject to State inspection, and Anti-dumping measures applying to some types of aluminum and steel.
Detailed Corporate and mergers & Acquisitions legal guide including trends, regulatory overview, legal developments, stakebuilding, deal phases, defensive measures, litigation and activism.
Important Vietnamese legal terms can be looked up, with the corresponding term in the other language presented (Vietnamese <-> English). Very helpful resource for those professionals working in both languages
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