Guide To Establishing a Representative Office of a Foreign Trade Promotion Organization in Vietnam
For foreign trade promotion organizations (FTPOs), establishing a representative office in Vietnam offers an invaluable opportunity to foster business relations, facilitate trade, and promote economic cooperation between Vietnam and respective countries. This article provides a step-by-step guide to help you navigate the process to establish a representative office in Vietnam, highlighting the legal framework, and procedural steps involved.
The Vietnamese M&A Tax Trap – Offshore transactions with underlying Vietnamese assets/subsidiaries
The tax implications of indirect transactions remain somewhat vague under Vietnamese regulations. However, it is likely that such taxes cannot be avoided in M&A transactions involving offshore entities investing in underlying Vietnamese companies.
Can Short-Term Foreign Loans be used to Repay Long-Term Foreign Loans in Vietnam?
Can a company in Vietnam use a foreign short-term loan to repay for a foreign long-term loan that is due? We explore the recent updates that impacts the answer here.
Navigating Strategic Market Entry for Vietnam
This article explores key steps for entering the Vietnamese market, highlights challenges, and offers solutions for international entrants.
Green Light for Foreign-Issued ESOPs in Vietnam
Changes have resulted significant shift in the foreign Employee Share Ownership Plan (ESOP) landscape in Vietnam. These changes, long overdue, permits foreign ESOP without registration.
Key Compliance for Vietnam’s Anti-Money Laundering Law
The Anti-Money Laundering (AML) Law, effective from 1 March 2023, represents a significant regulatory milestone for Vietnam, aiming to enhance the integrity and transparency of financial transactions. The Ministry of Finance has recently emphasized the importance of strict compliance and has requested accounting and auditing services firms to report on the execution of AML regulations. This article highlights the key compliance points that firms must prioritize to ensure adherence to the AML Law.
Vietnam Market Entry Handbook, 2024
The Vietnam Market Entry Handbook is a 48 guide to the key Vietnam company establishment and operational requirements for foreign investors. Covering Legal/Corporate Establishment, Accoutning, Taxation, HR and Compliance, it is a complete reference handbook for new and existing investors in Vietnam.
Work Permits for Vietnam in 2024
Work Permits remain a critical element to employing a foreign individual in Vietnam in 2024. In fact, unless they hold en exemption, a foreign individual cannot sign any employment contract (or probation agreement) without the Work Permit in Hand.
Read more of what is required to obtain a Vietnam work permit in 2024.
Vietnam Payroll Companion
This easy-to-use guide simplifies the complicated areas of payroll calculations and contract implications for new entrants and foreign HR executives. With quick calculations and useful information, this high-level resource is a must-have for anyone dealing with human resources or payroll compliance in Vietnam. And if you’re looking for further advice on these topics or any other compliance issues, Alitium is the perfect partner to help you navigate the intricacies of Vietnamese law – with updates to reflect changes to laws at as July 2024.
Personal Data Protection Regulations in Vietnam and What You Need to Know
The cornerstone of Vietnam’s data privacy this regulatory framework is Decree 13/2023/ND-CP, which outlines key principles and obligations concerning the collection, use, and storage of personal data within Vietnam’s jurisdiction as well as transmission abroad. For foreign investors and businesses eyeing opportunities in Vietnam, understanding these regulations is not just prudent but essential for compliance and fostering trust among customers.