Software Litigation Lawyers in Vietnam

How to Close a Business in Vietnam? All corporations, companies, partnerships,  branch offices , representative offices and other business entities are legal entities in Vietnam which can only be dissolved through formal procedures. I. What are the major challenges with  closing a business in Vietnam ? The main thing to remember throughout the process is that the dissolving company, a branch office or a representative office, one  should pay close attention to the involvement of all key stakeholders, i.e. the employees, customers, creditors, business partners and relevant authorities. The following are key information to gather for thorough analysis -Company size in terms of capital and number of employees? -Enterprise’s business sector? -Tax invoice usage declaration? -Annual profit? -Compliance with tax procedures? -Administrative violations in the field of taxation? -Any outstanding tax? -Tax document filing records? -Other tax matters?...

Vietnam attends APEC Ministers Responsible for Trade Conference The 27th APEC Ministers Responsible for Trade (MRT) took place online on June 5, 2021 with the participation of 21 APEC member economies and observers including the Association of Southeast Asian Nations (ASEAN), the Asia-Pacific Economic Cooperation Council (PECC) and the Pacific Islands Forum (PIF). Measures to open market will be discussed to facilitate trade and investment, including the smooth policy from Vietnam to support to  establish company in Vietnam . In 2020, due to the impact of the Covid-19 pandemic, the global economy shrank 3.3%. However, because of strong efforts in the introduction of vaccine production and vaccination, financial support programs in some countries, as well as more effective disease containment measures in many countries, this year’s global economy is forecasted to achieve marked improvements compared to 2020. According to a report by the International Monetary Fund (IMF) publis...

Potential to attract investment when iPhone can be assembled in Vietnam  iPhone is the name of the smartphone line from Apple – a large American technology corporation. The iPhone is a high-end technology product and is used by many people around the world. Currently, Apple assembles the majority of iPhones in factories located in China, and components are manufactured in India, Thailand, the US and many other places. The setting up of iPhone manufacturing facilities in Vietnam will attract other investors to  set up company in Vietnam . Pegatron is one of three iPhone production partners for Apple that is under pressure to expand production outside of China. In addition, China’s application of Covid control measures has pushed the plan to expand production even more strongly. Accordingly, one of the expected locations to be selected is Vietnam. Although in China the social distancing orders to control Covid-19 have been gradually removed, the labor shortage is still a...

Da Nang has been creating flexible policies, good environments attracting foreign investors  setting up company , building factory, and developing service business. Setting up Business in Da Nang Da Nang is a social and economic center of central area of Vietnam with the role as the center of industry, trade and tourism and service. It is a seaport city, an important transport hub for the transit of domestic and international transportation. Presently, Da Nang has been rising as a comprehensive and sustainability developing city. With the advantages of geographical location, people and nature, the leader of Da Nang is planning to build the city becoming a major tourist center of the country, developing tourism industry with entertainment centers and luxury resorts in Vietnam. In practice, Da Nang has been reducing administrative procedures, creating favorable conditions for investors in obtaining certificate for investment. In the meantime...

How a Foreign Company Apply for Certificate of Origin in Vietnam? Vietnam has growing fast due to the opening policy of the government, and has been signing a number of free trade agreements with ASEAN, China, Korea, Japan, India, Australia, New Zealand, Chile, Russia, Belarus… with effectiveness. The expecting Europe Vietnam Free Trade Agreement has been signed but not yet effective at this moment. Having said that, Vietnam has become a destination for foreign investors to set up factory and  set up company in Vietnam  to undertake manufacturing for export and enjoy tax preference because of Vietnam origin. Certificate of Origin Law Firm in Vietnam The applicant wishing to be granted the Certificate of Origin (“C/O”) needs to register the trader profile under Vietnam regulations before submitting the dossier applying for C/O.  There are steps to be followed at the State authorities to check the trader profile, its legal registration in Vietnam, manufacturing facili...

Subject Matters of Intellectual Property Rights in Vietnam Subject matters of intellectual property rights in Vietnam  is divided into three groups included: subject matter of copyright, subject matter of industrial property rights, subject matter of rights to plant varieties .  In details: Protect Intellectual Property Rights in Vietnam -The subject matter of copyright shall comprise literary, artistic and scientific works; the subject matter of copyright related rights shall comprise performances, audio and visual fixation, broadcasts and satellite signals carrying coded programmes. -The  subject matter of industrial property rights  shall comprise inventions, industrial designs, designs of semi-conducting closed circuits, trade secrets, marks, trade names and geographical indications. -The subject matter of rights to plant varieties shall comprise plant varieties and harvested materials. Pursuant to Intellectual Property right 2005 (amended in 2009),...

7 basic steps to set up a business and comply with Vietnam laws Vietnam’s economy is increasingly diversified in terms of business activities and business regulations are also constantly being improved and enhanced. Accordingly, foreign investors can freely choose the right type of business. Therefore, the  set up company in Vietnam  is always a matter of great interest to foreign investors whom find business opportunities in Vietnam. The first step is to set up a business in Vietnam To take this step, the investor first needs to determine the type of business to choose to establish and provide the business name and expected information. Accordingly, the composition of the enterprise establishment dossier will be prepared according to regulations and submitted at the Business Registration Office, the Department of Planning and Investment of the place where it is expected to be headquartered. After submitting a valid application, the enterprise will be granted an enterp...