Overview Foreign investors buying land, leasing land in industrial parks and renting machinery factories in Vietnam is a remarkable trend in the country’s economic development. This can bring many benefits to both investors and to Vietnam’s economic development. Buying land and renting land in industrial parks helps investors access convenient locations, near infrastructure and services, as…
Category Archives: Blog
Legal basis in the field of e-commerce activities of foreign investors in Vietnam – Law on Enterprises 2020 – Law on Investment 2020 – Decree 52/2013/ND-CP on e-commerce – Decree No. 85/2021/ND-CP amending and supplementing a number of articles of Decree No. 52/2013/ND-CP on e-commerce – Decree 09/2018/ND-CP detailing the Commercial Law and the Law…
Concept Investment means an investor’s use of capital and assets in the forms and ways prescribed by law to carry out activities for the purpose of profit or other economic or social benefits. Industries prohibited from investment: trading in narcotics, chemicals, minerals, plant specimens, wild animals, prostitution, human trafficking, human cloning. Current forms of investment: investment in the…
Form of official letter of application for entry for foreigners Pursuant to the Circular No. 04/2015/TT-BCA dated January 05, 2015 of the Ministry of Public Security regulating the form of papers related to the entry, exit and residence of foreigners in Vietnam, the official letter of application for entry for foreigners is form NA2. Cases…
Aquaculture licenses Aquaculture is the process of caring for and developing carefully selected seafood species, including artificial and natural breeds, that are released into a farming environment such as ponds, cages, or rafts, and are owned throughout the farming process. An aquaculture license is an important document issued to establishments conducting aquaculture activities. Depending on the…
Concept Pursuant to Clause 14 Article 3 of the Law on Investment 2020, a business cooperation contract (hereinafter referred to as a BCC contract) is a contract signed between investors for business cooperation, profit sharing, product division in accordance with law without establishing an economic organization. Contents of BCC contract according to the Investment Law 2020 –…
What is the profit transferred abroad? Pursuant to Article 2 of Circular 186/2010/TT-BTC, profits transferred abroad include: – Profits of foreign investors transferred from Vietnam to abroad are lawful profits shared or obtained from direct investment activities in Vietnam under the Law on Investment, after fully fulfilling financial obligations to the Vietnamese State as prescribed….
Bond offering dossier Pursuant to Clause 2 , Article 12 of Decree 153/2020/ND-CP, the dossier includes the following documents: The bond issuance plan shall comply with the provisions of Clause 1, Article 13 of this Decree; Documents disclosing information on the bond offering under the provisions of this Decree and the guidance of the Ministry of Finance; Contracts…
What is the establishment of a company with foreigners contributing capital? Incorporation of a foreigner-contributed capital means the creation of a business in which capital contributions from foreign shareholders, members, or partners are foreigners. This process involves determining the capital structure and interests of each party involved in the new business. Process of steps to establish…
Meeting of the Supervisory Board Pursuant to the provisions of Article 289 of Decree 155/2020/ND-CP: – The Supervisory Board must meet at least 02 times a year, the number of members attending the meeting is at least two-thirds (2/3) of the members of the Control Board. Minutes of meetings of the Supervisory Board are made in detail…
Psings shares to swap shares for shareholders in a public company Pursuant to Article 51 of Decree 155/2020/ND-CP stipulating the conditions for public companies to issue shares to swap shares for the number of shareholders determined in other public companies as follows: There is a plan to issue shares for swap approved by the General Meeting of Shareholders of…
Principles of public tender offer Pursuant to Article 82 of Decree 155/2020/ND-CP stipulating the principles of public tender offer of shares as follows: The public tender offer must ensure fairness for shareholders of the target company and investors of the target investment fund. Parties participating in the public tender offer are provided with sufficient information to approach…
