Category Archives: Blog

1. What is a temporary residence card for foreigners? According to Clause 13 Article 3 of the Law on entry, exit, transit and residence of foreigners in Vietnam 2014, it is stipulated: “A temporary residence card is a document issued by an immigration authority or a competent agency of the Ministry of Foreign Affairs to…

1. The process of offering bonds to the international market of public companies Pursuant to Clause 2, Article 26 of Decree 153/2020/ND-CP stipulating the process of offering bonds to the international market of public companies, securities companies, and securities investment fund management companies as follows: –    Enterprises prepare bond offering dossiers as prescribed in Article 27 of…

The concept of direct investment (FDI) FDI direct investment is the process by which an organization or individual invests in a business or other business in a country other than their own. This can include buying shares in an operating company, investing in the construction of new infrastructure, or even buy a company that is operating in…

Legal basis – Investment Law 2020 – Decree No. 118/2015/ND-CP dated November 12, 2015 of the Government regulating investment in the form of public-private partnership (PPP) – Decree No. 60/2015/ND-CP dated June 26, 6 of the Government regulating investment in the form of build-own-operate (BOO), build-own-transfer (BOT), build-transfer (BT) – Enterprise Law 2020 – Decree…

1. Mandatory delisting Stipulated in Clause 1, Article 120 of Decree 155/2020/ND-CP: –      The listed organization cancels the status of a public company upon notification of the State Securities Commission; –      The listed organization ceases or is discontinued from main production and business activities for 01 year or more; –      The listed organization has its enterprise registration certificate or…

Composition of the Audit Committee According to Article 282 of Decree 155/2020/ND-CP stipulates: –       A public company that organizes management and operates according to the model specified at Point b, Clause 1, Article 137 of the Law on Enterprises must have an Audit Committee under the Board of Directors. –       The audit committee has 02 or more members. The Chairman…

1. Conditions for public offering of shares Pursuant to Article 13 of Decree 155/2020/ND-CP stipulating the conditions for public offering of shares of shareholders of public companies as follows: −      Shares offered for sale must be stocks of enterprises that meet the conditions specified at Point a, Clause 1, Point b, Clause 2, Article 15 of the Law on…

Enterprise dissolution is the process of terminating the activities and existence of a business organization, and at the same time marking the end of legal status and related rights and obligations in the economic market. This process is clearly mentioned in the Law on Enterprises along with relevant legal documents. Hereafter, KALF sends to customers the order, procedures…

Foreign investment plays a significant role in driving Vietnam’s economic growth, with the contribution of the foreign investment sector to the national GDP increasing steadily. Vietnam has continuously improved its legal framework and financial incentive policies to better attract and manage foreign investment resources. Consequently, investment incentive tax policies for foreign investment projects in Vietnam…

Currently, the Enterprise Law 2020 stipulates the types of enterprises including: Limited Liability Company, Joint Stock Company, Partnership and Private Enterprise. Limited Liability Company One-member limited liability company – A one-member limited liability company is an enterprise owned by an organization or an individual (hereinafter referred to as the company owner). The company owner is responsible…

What is the establishment of a foreign-invested company? Foreign-invested company formation refers to the establishment of a company or enterprise in one country, where initial investment capital or equity comes from investors, organizations, or individuals from another country. The establishment of a foreign-invested company enhances investment activities, contributes to economic development, improves production and technical…