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Register commercial franchise in Vietnam

Commercial franchise is a conditional business sector in Vietnam. If foreign investors intend to franchise here, they have to perform the procedures for registration of commercial franchise. The procedures for this is regulated in Decree No. 53/2006/NĐ-CP and Circular No. 09/2006/TT-BTM. Viet An Law Firm collects and provides some related regulations as follows: Applicable entities: […]

Value-added tax consulting services in Vietnam

According to Clause 2 Article 16 of the Law on Commerce 2005, foreign traders have rights to establish representative offices in Vietnam. However, foreign representative offices in Vietnam only can conduct some commercial promotion activities but not profitable activities as prescribed in the law. Therefore, a foreign representative office in Vietnam has fewer tax duties […]

Adjusting business sectors of foreign enterprises in Vietnam

According to the new regulations, business sectors/investment sectors are recorded in the Certificate of Business Registration as well as the Certificate of Investment Registration (old form) or the Confirmation paper for changing business information. Those enterprises which still use the old certificate, besides changing business sectors, need to separate the old one into the Certificate […]

Foreign investors contribute capital to Vietnamese companies

According to the Law on Investment 2014, the Law on Enterprise 2014 and documents providing guidelines for implementation of the Law on Investment 2014, the Law on Enterprise 2014, capital contribution and shares purchase of foreign investors to Vietnamese companies (including 100% local owned companies and foreign owned companies) shall be complied with the following […]

Tax consultancy for foreign enterprises in Vietnam

Tax is a compulsory contribution to state revenue as well as a tool for economy management. Tax is also an obligation of enterprises to repay society. Basically, a foreign enterprise in Vietnam have to pay the following taxes: License tax: License tax is a kind of tax which is paid per year. Besides increasing state […]

Trademark Registration in Vietnam – Vietnam Law: Tenze IC

Trademark is one of the intangible property but may bring a grand tangible value to enterprise’s business practices. According to the law, trademark is any sign used to distinguish goods or services of different organizations or individuals. That sign shall be a visible sign in the form of letters, words, drawings or images including holograms […]

Commercial franchise – Vietnam Law: Tenze IC

Commercial franchise is a commercial activity whereby franchisors permit and require franchisees to undertake by themselves to purchase or sell goods or provide services on certain conditions. A commercial franchise contract guides an enterprise about usage of a good or a working process which is a subject matter of industrial property rights and is protected. […]

Establishment of foreign-invested travel company

Pursuant to Law on Investment 2014, the Law on enterprises 2014, the Law on Tourism 2005, documents providing guidelines on implementation and Vietnam’s WTO Commitments, the process for foreign investors establishing a travel company in Vietnam shall comply with the following: According to the commitments of Vietnam as a member of WTO, Vietnam has not […]

Foreign investor establishes the real estate trading company in Vietnam

Although according to WTO’s commitment, Viet Nam does not regulate on real estate trading for foreign investor. However, in accordance with the Law on Real-estate trading stipulates clearly scope and form of real estate trading conducted by foreign-invested enterprises. Legal documents Law on Investment 2014; Law on Enterprise 2014; Law on Real-estate trading 2014; Decree […]

Contract consultancy in Vietnam – Vietnam Law: Tenze IC

Consulting about contracts as well as commercial contracts requires a lot of skills and expert knowledge of legal regulations. When consulting about contracts for clients, the contract consultant does not only have duties to protect the rights of parties but also have to foresee risks which may occur in the future to emend the provisions […]