When starting a business in Vietnam, apart from developing a marketing strategy, hiring staff and raising money, one essential thing to do is to choose a proper legal entity that works well for their business, solves tax issues, provides liability protection for owners as well. There are several entities for founders to select from when […]
Acquiring shares in a Vietnam-owned company is one of the most-chosen forms of investment in Vietnam. In general, tax implications of the share acquisition are different from the one of newly set up a foreign-invested enterprise in Vietnam. Typically, a foreign investor (the “Investor”) may acquire shares in a joint-stock company in Vietnam (the “Target […]
With the strong competitive advantages of geography, natural resources, and an abundant labor force, Vietnam is one of the leading investment destinations in Southeast Asia, attracting a large amount of capital each year. Despite being affected by the COVID-19 pandemic, in 2021, total newly registered, adjusted, and paid-in capital for share purchase by foreign investors […]
Employment related cost is always a fundamental part of corporate operational costs. Some of these employment related costs are mandatory. The following information will provide foreign investors with an overview of the basic costs of an employee in Vietnam. 1. Salary Basically, the salary of each employee is negotiated and agreed upon by both the […]