What isthe transfer of investment capital abroad? Outward transfer of investment capital means an outward investment activity, using profits earned from investment capital sources that are transferred from Vietnam abroad to carry out overseas business investment activities. Conditions for remittance of investment capital abroad Investors may transfer investment capital abroad to carry out investment activities…
Category Archives: Blog
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…
1. Get land use rights Pursuant to Clause 1, Article 191 of the 2013 Land Law, in case of not being able to receive transfer or gift for the right of use, it is stipulated that organizations, households, individuals, residential communities, religious establishments, overseas Vietnamese, foreign-invested enterprises are not entitled to receive the transfer, receive gifts for…
Conditions for foreign investors to work in Vietnam Foreign investors who are individuals to work in Vietnam need to meet the following conditions: Be at least 18 years old and have full civil act capacity; Have professional, technical, skilled and work experience; be in good health as prescribed by the Minister of Health; Not being a…
Number of issues related to risks arising when investing from abroad in Vietnam – Politics and legal Political stability and the legal system are not always guaranteed at a high level, which can create uncertainty for foreign investors. For example, according to the plan, by this date, this time will complete the clearance of the site, there…
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 –…
With the open door policies, calling for FDI with many incentives of the Vietnamese government today, Vietnam is an attractive destination for foreign investors. In order to create favorable conditions for foreign investors to live and work in Vietnam, Vietnam has quite flexible policies, suitable for each investor in issuing temporary residence cards. Having a temporary residence…
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 –…
Listed shares Listed shares are a class of shares eligible for listing, which are shares issued by joint-stock companies, which have been listed on the stock market. Those shares have been subjected to the stock exchange’s strict inspection system and it has qualified to meet the trade. Conditions for listing shares for post-consolidation public companies – In…
Time limit for the Annual General Meeting of Shareholders The General Meeting of Shareholders is the most powerful organ of a joint-stock company, with the right to decide important issues related to the existence and development of a joint-stock company. According to Clause 2, Article 139 of the Enterprise Law in 2020 stipulates: “The General Meeting of…
What are joint stock companies divided into 2 types: non-public joint stock companies and public joint stock companies for? – Because non-public joint stock companies apply specialized laws (if any) and then the Enterprise Law, the Law on Securities does not apply. For example, a non-public credit institution shall apply the Law on Credit Institutions or a…
What are the conditions for a public company to buy back its own shares? Clause 1, Article 36 of the Law on Securities 2019 stipulates, a public company that buys back its own shares must meet the following conditions: There is a decision of the General Meeting of Shareholders approving the repurchase of shares to…
