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Đang hiển thị bài đăng từ Tháng 11, 2022

Why Da Nang is a Place for Setting up Business

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Da Nang has been creating flexible policies, good environments attracting foreign investors  setting up company , building factory, and developing service business. Setting up Business in Da Nang Da Nang is a social and economic center of central area of Vietnam with the role as the center of industry, trade and tourism and service. It is a seaport city, an important transport hub for the transit of domestic and international transportation. Presently, Da Nang has been rising as a comprehensive and sustainability developing city. With the advantages of geographical location, people and nature, the leader of Da Nang is planning to build the city becoming a major tourist center of the country, developing tourism industry with entertainment centers and luxury resorts in Vietnam. In practice, Da Nang has been reducing administrative procedures, creating favorable conditions for investors in obtaining certificate for investment. In the meantime...

English Speaking Law Firm in Ho Chi Minh City

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ANT Lawyers,  English speaking law firm in Ho Chi Minh City  with English speaking lawyers is located in the business center that provides convenient access to our clients. English Speaking Law Firm in Ho Chi Minh City ANT Lawyers works with corporate and individual clients from across the sectors and offers a true spectrum of legal expertise, both contentious and non-contentious. The range of our experience enables us to advise on various matters from the precedent-setting to the purely procedural. The common thread in everything we do is our ability to combine both commercial and legal perspectives. This means our clients can rest assured that, whatever the case or transaction, our lawyers have the experience to deliver legal advice and service that works in a commercial context. Our  English speaking lawyers in Ho Chi Minh city  offer client with particular services that guide clients throughout investment, commercial transaction, M&A, civil transactio...

How to Close a Business in Vietnam

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How to Close a Business in Vietnam? All corporations, companies, partnerships,  branch offices , representative offices and other business entities are legal entities in Vietnam which can only be dissolved through formal procedures. I. What are the major challenges with  closing a business in Vietnam ? The main thing to remember throughout the process is that the dissolving company, a branch office or a representative office, one  should pay close attention to the involvement of all key stakeholders, i.e. the employees, customers, creditors, business partners and relevant authorities. The following are key information to gather for thorough analysis -Company size in terms of capital and number of employees? -Enterprise’s business sector? -Tax invoice usage declaration? -Annual profit? -Compliance with tax procedures? -Administrative violations in the field of taxation? -Any outstanding tax? -Tax document filing records? -Other tax matters?...

Conditions of Setting up Import and Export Company in Vietnam

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Conditions of Setting up Import and Export Company in Vietnam If a foreign-invested company wishes to apply for export/import or distribution rights, it has to submit the below listed documentation to the competent authorities: 1. Export/Import rights: The foreign investors who invest to exercise right to export, right to import must follow procedures for grant of investment certificates; the foreign-invested enterprises in Vietnam which supplement the operational business activities for exercise of right to export, right to import must follow procedures for adjustment of investment certificates: a. Dossier of verification for grant or adjustment of investment certificate as prescribed by law on investment; b. A written explanation about the satisfaction of conditions in exercise of goods trading and directly related activities; c. Documents proving the financial capability and experiences of investor in exercise of right to export and right to imp...

How Foreign Entity Could Set up a Branch Office in Vietnam

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How Foreign Entity Could Set up a Branch Office in Vietnam A foreign business entity or a foreign trader is allowed to  set up a branch office in Vietnam  to conduct business activities. How to Set up branch office in Vietnam? Having the right to conduct business activities and make profit are how a branch differs from  a  representative office in Vietnam . A branch depends on the foreign business entity that set-up the branch while a foreign owned company set-up in Vietnam exists by itself. The Vietnam Department of Industry and Trade will be approving the establishment of a branch office in Vietnam while Vietnam Ministry of Planning and Investment will be the State agency that coordinate the  setting up a company in Vietnam . In particular, the branch of a foreign business entity in Vietnam (referred to as the “Branch”) means a subsidiary unit of the foreign business entity, established in accordance with the law of Vietnam in order to e...