The Government issued Decree 112/2021/ND-CP (hereinafter called as “Decree 112/2021”) on December 10, 2021, detailing a number of articles and measures to implement the Law on Vietnamese employees working abroad under contracts. The Decree came into force on January 1, 2022. According to the previous regulation in Article 10 of Decree 38/2020/ND-CP, enterprises that send […]
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 […]