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What Are the Advantage of Foreign Investors in Setting up Business in Vietnam in 2023? | ANT Lawyers
Located in an important position of Southeast Asia, Vietnam has a long coastline of more than 3,000 km. With a diverse geographical structure interspersed with mountainous, highland and coastal areas suitable for general economic zones, Vietnam has ideal conditions to develop the trade and tourism industries. When setting up business in Vietnam, investors can enjoy financial advantage such as corporate income tax, import and export tax and land finance incentives. Incentives on corporate income tax: In recent years, Vietnam has gradually red…
Cases Are Rejected When Get Married with Foreign Element | ANT Lawyers
The law of Vietnam prescribed quite detail about the marriage with foreign elements. The registration of marriage with foreign elements will be rejected in the following cases: -One or both parties are not old enough to get married under the laws of Vietnam -The foreign applicant is not old enough to get married under the laws of the country of which he/she is a citizen or permanent resident (for stateless persons) -The marriage between men and women is not due to a voluntary decision -There is deception, coercion in the marriage -One or bo…
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Cosmetics Safety Requirement in Vietnam | ANT Lawyers
Cosmetics safety has always been concern when such are on sale in an open market. Compatible with the Combination Convention in the cosmetic management which has been signed by countries are member of the Association of Southeast Asian Nations on September 2nd, 2003 (ASEAN Cosmetic Convention), Vietnam law not only requires the organization or the individual which delivers the product to the market must guarantee that its product shall be harmless for people’s health when exerted in normal or appropriate conditions supplied by the producer o…
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How to Ensure Cosmetics Labeling Complies in Vietnam | ANT Lawyers
These are rules for cosmetics labeling to follow in Vietnam: For cosmetic label content, Vietnam Law provides that the cosmetic product’s label must be suitable for requirements of the cosmetic label writing set by the ASEAN. The following contents must be presented on the label: - The product’s name and function, unless the presented form of product has been displayed clearly the product’s function; - The usage instruction, unless the presented form clearly been displayed the product’s using manner; - The full formula ingredients: must writ…
How to Set up Foreign Owned Company in IT and Computer Related Service? | ANT Lawyers
Information technology and computer related service have played an extremely important role in life as well as in business activities on global scale. The industrial revolution 4.0 has comprised of many technologies and IT and computer service take a big part of such. The laws of Vietnam and the international commitments to which Vietnam is a party have no restrictions on foreign investors in terms of both the form of investment and the proportion of capital contribution in business in this field. Further, Vietnam prioritizes and encour…
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Renewal of License for the Establishment of Branches Office in Vietnam | ANT Lawyers
How to extend branch license in Vietnam? The extension of the license for the establishment of a foreign trader’s branch in Vietnam shall be following the regulation of the commercial law and the relevant guiding decrees and circulars under Vietnam laws. Preparation of dossiers for extension of license for the establishment of branches includes: - Application for extension of license for the establishment of branches, made according to the form set by the Ministry of Industry and Trade, signed by a competent representative of the foreign tra…
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What Are Tax Obligations of a Representative Office in Vietnam? | ANT Lawyers
Vietnam-based representative office of a foreign trader means a dependent unit of the foreign trader, which is established under the provisions of Vietnamese law to conduct market survey and a number of commercial promotion activities permitted by Vietnamese law. Representative office of foreign trader in Vietnam has the rights and obligations in accordance with the law of Vietnam. Foreign trader is responsible before the law of Vietnam for all operations of its representative office in Vietnam. Accordingly, representative office in Vietnam is…
What Are Conditions to Clean Up Criminal Records? | ANT Lawyers
Offenders who have completely served their penalties shall be given conditions to do business, live honestly and integrate with the community, and when they meet all the conditions prescribed by law, their conviction may be expunged and their criminal records will be cleaned. A person whose criminal record is removed is considered as having not been convicted. There are three cases of conviction expungement, including: Automatic conviction expungement; Conviction expungement under a Court’s decision; Special cases of conviction expungement. Au…
What Are Responsibilities of the Seller for Inadequate Delivery of Goods? | ANT Lawyers
Delivering and receiving goods are basic obligations of the parties when performing the Contract for purchase and sale of goods. Specifically, in accordance with the law, when buying and selling goods, the seller must deliver goods and relevant documents, as agreed in contracts on quantity, quality, packing and preservation modes and other contractual terms. In cases where there is no specific agreement, the seller is obliged to deliver goods and relevant documents according to the provisions of the Law on Commerce. At the same time, the Buyer…
Q&A on Cosmetics Regulations in Vietnam | ANT Lawyers
There have been a number of questions arisen after the Webinar on Cosmetic Regulations in Vietnam on May 27th, 2015 and we would like to address those questions as following: 1. Has Vietnam fully implemented the ASEAN Harmonized Cosmetic Directive (ACD)? Yes. Vietnam authorities regularly issue official letters giving instructions and guidance to Department of Health of Cities and Provinces in Vietnam on the application of the decision of the ASEAN’s cosmetics committee. We are of opinion that Vietnam regulations are built toward complying…
International Law Firm in Vietnam | ANT Lawyers
ANT Lawyers is Vietnam exclusive member of Prae Legal, an international law firm network, providing full ranges of legal services Prae Legal Network provides clients with access to global legal resources through its vast network of well-established 242 law offices in trade centers in 129 countries. Our respectable and influential professionals are experienced in all fields of law. We are ready to provide legal solutions to companies and people all around the world for their legal needs. We can help when you would do business transaction…
Law Firms in Da Nang | ANT Lawyers
ANT Lawyers offers clients legal services from Da Nang office. The office is represented by lawyers whom are local of Hoi An covering Da Nang, Hoi An, Hue and other central provinces. Attorneys in Da Nang focus on important business and legal issues related to real estate, foreign investment, setting up company and other business structures, M&A, contract and dispute resolution. Together with law offices in Hanoi and Ho Chi Minh City, the law office in Da Nang with coverage of Hoi An, Hue and other central provinces strengthens the nation…
The Note of New Provisions of Law on Planning Decree No.37/2019/ND-CP | ANT Lawyers
The Law on Planning 2017 has been effective from January 01st, 2019. On May 07th, 2019, the Decree no. 37/2019/ND-CP details some articles of Law on planning is effective. This Decree details some articles of Law on Planning including the Article 15,17,19,24,25,26,27,30,40,41 and 49 of Law on Planning. This Decree applies to organizations and individuals involved in the formulation, appraisal, decision or approval, announcement, implementation, assessment and adjustment of the planning under the national planning system and other relevant orga…
The Business Conditions for Sports Betting in Vietnam | ANT Lawyers
Law on amendments to Physical Training and Sports No. 26/2018/QH14 is in valid as of February 1st, 2019. The highlight that must be noted is sports betting as provided in Article 67a. This activity is officially governed by laws. Sports betting is a form of entertainment with rewards in which bettors predict the results of sporting events used for betting purpose. The sports betting has a long history, but it had not been recognized by the State for a long time. Therefore, the betting was considered a violation of laws and was liable to admini…
International Law Firm in Vietnam | ANT Lawyers
ANT Lawyers is Vietnam exclusive member of Prae Legal, an international law firm network, providing full ranges of legal services Prae Legal Network provides clients with access to global legal resources through its vast network of well-established 242 law offices in trade centers in 129 countries. Our respectable and influential professionals are experienced in all fields of law. We are ready to provide legal solutions to companies and people all around the world for their legal needs. We can help when you would do business transactions in t…
Regulation on Grid Connected Solar Power Investment Project | ANT Lawyers
The Ministry of Industry and Trade has recently issued Circular 16/2017/TT-BCT on project development and the model purchase contract for solar power projects. Accordingly, the grid connected solar power investment projects are regulated as follows: – The investor can only set up a solar power investment project included in the provincial and national level solar-power development plan; or provincial and national power development plan that are approved. – The contents of the solar power investment project must comply with the regulations on m…
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