tag:blogger.com,1999:blog-6474880076828796012024-03-15T18:13:02.538-07:00Risk Prevention in Vietnamabchttp://www.blogger.com/profile/11799091949441342664noreply@blogger.comBlogger965125tag:blogger.com,1999:blog-647488007682879601.post-23091685209905044612023-10-26T19:04:00.004-07:002023-10-26T19:04:36.790-07:00Large US enterprises are going to Vietnam for investment<p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; text-align: justify;">Large US enterprises are going to Vietnam for investment</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">About fifty US businesses are now visiting Hanoi in search of sales, sourcing, and investment possibilities, according to data from the US-ASEAN Business Council (USABC). This is the largest US corporate delegation that has visited Vietnam in recent memory to promote entry options, such as the potential for opening a representative office, <a href="https://antlawyers.vn/library/10-questions-to-ask-before-setting-up-company-in-vietnam.html" style="color: #468db5; outline: none;" target="_blank">setting up company in Vietnam</a>, or even expanding already-existing activities.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"></p><div class="separator" style="background-color: white; clear: both; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgdaGTkdwJHlEJbc8GESAJ-vwVwnKZqULzKs9irnYZW-ueH34TUnzzDoVB8cJl482WeCF-AWf_FbfaOxYgGPltliHYUZqoD3EqkNRNz_HfatlhNazd_fW5Mw_cWxW9SMGKayDpBxZca5NtjJ_wZeGmr4A3_h7KnjNAvyDAwMdzB0gyygWGLmMZwasE4qwiq/s1200/Us-enteprises-set-up-comany-in-Vietnam%20(5).jpg" imageanchor="1" style="color: #468db5; margin-left: 1em; margin-right: 1em; outline: none;"><img alt="Large US enterprises are going to Vietnam for investment" border="0" data-original-height="774" data-original-width="1200" height="412" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgdaGTkdwJHlEJbc8GESAJ-vwVwnKZqULzKs9irnYZW-ueH34TUnzzDoVB8cJl482WeCF-AWf_FbfaOxYgGPltliHYUZqoD3EqkNRNz_HfatlhNazd_fW5Mw_cWxW9SMGKayDpBxZca5NtjJ_wZeGmr4A3_h7KnjNAvyDAwMdzB0gyygWGLmMZwasE4qwiq/w640-h412/Us-enteprises-set-up-comany-in-Vietnam%20(5).jpg" style="background: transparent; border: none; padding: 0px;" title="Large US enterprises are going to Vietnam for investment" width="640" /></a></div><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><br /></span><p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">These businesses include 40 companies taking part in the yearly Vietnam business delegation and 15 companies taking part in the delegation for health and life sciences. Many businesses attend both delegations.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">The US mission in Vietnam stressed that this is the largest corporate group from the US to visit Vietnam in many years and that it is there to celebrate the comprehensive relationship between the US and Vietnam's 10th anniversary.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">The US continues to be the top investor in ASEAN nations, putting more money into these nations than the next three combined, according to the US Mission in Vietnam.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">The largest ever US corporate delegation visited Vietnam this week in search of investment prospects and market entrance, and it included companies like SpaceX, Netflix, Boeing, and companies active in the defense, pharmaceutical, and technology sectors.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Movie-streaming website one of the businesses that sent representatives to the trip was Netflix. In the past, the media has reported that Netflix intended to establish a representative office in Vietnam.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Boeing, Lockheed Martin, and Bell, among other defense technology companies, will meet with Vietnamese partners. For the first time in almost ten years, security and defense firms have chosen to travel to Vietnam as part of yearly delegations. These businesses spoke with Vietnamese government representatives in December about the prospect of selling drones and helicopters.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">According to a Boeing announcement, their conversations with officials would center on creating joint ventures with Vietnam and taking steps to improve Vietnam's aviation and defense capabilities. Vietnam and other nations in the region are interested in purchasing satellite Internet services from SpaceX. Along with semiconductor firms, big pharma businesses like Pfizer and Johnson & Johnson, Abbott medical devices, financial services firms like Visa and CitiBank, and internet and cloud service providers like Meta and Amazon Web Services were all represented in the delegation.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">The majority of the corporations taking part in the next delegation, such as Apple, Coca-Cola, and PepsiCo, already have operations or production facilities in Vietnam, though they also have aspirations to grow. As a result of the benefits Vietnam may offer, including expanding skilled labor resources, a stable economy, and improved investment rules, some other businesses have come to learn about the investment environment and to establish a representative office or <a href="https://antlawyers.vn/library/what-important-step-by-step-guide-to-establish-company-in-vietnam.html" style="color: #468db5; outline: none;" target="_blank">establish company in Vietnam</a><o:p></o:p></span></p><p style="text-align: justify;"><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;">ANT Lawyers as a</span><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;"> </span><a href="https://antlawyers.vn/" style="background-color: white; color: #468db5; font-family: "Times New Roman", "serif"; font-size: 13pt; outline: none;" target="_blank">law firm in Vietnam</a><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;"> </span><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;">could assist customers in overcoming cultural barriers and achieving their financial and strategic goals while assuring the best interest rate protection, risk minimization, and legal compliance. Customers can get assistance from ANT lawyers while</span><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;"> </span><a href="https://www.antlawyers.com/en/update/what-factors-that-make-doing-business-in-vietnam-attractive/" style="background-color: white; color: #468db5; font-family: "Times New Roman", "serif"; font-size: 13pt; outline: none;" target="_blank">doing business in Vietnam</a><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;">.</span> </p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-51404005076178630472023-09-11T19:22:00.002-07:002023-09-11T19:22:13.833-07:00Italian investors want to invest in Vietnam<p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Economic and trade cooperation between Italy and Vietnam has created an exciting period than any time in recent memory. As of late, the Italian government has included Vietnam in the rundown of 20 nations that keep focusing on advancing exchange and venture until 2030.</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"></span></p><div class="separator" style="background-color: white; clear: both; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEix6dP8ibJlmfvOcNFpifSx8VE28OwMBe17yXblaHOZ9MYroHBnv3eJqcWKz4TkN2GZog4_h1LiAyAn1COSNcGT9nUnWB4n99IAvHZR_URFzqSsdeOrqDjXjMLh2pquxhXeOhDzQ_tdcaoo6bnV2c6RpeUdKha4W-FbjrUlMGycLG_FNjFxsBtgA1AtBJdm/s1280/Doing-business-in-Vietnam-0%20(1).jpg" style="color: #468db5; margin-left: 1em; margin-right: 1em; outline: none;"><img alt="Italian investors want to invest in Vietnam" border="0" data-original-height="720" data-original-width="1280" height="360" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEix6dP8ibJlmfvOcNFpifSx8VE28OwMBe17yXblaHOZ9MYroHBnv3eJqcWKz4TkN2GZog4_h1LiAyAn1COSNcGT9nUnWB4n99IAvHZR_URFzqSsdeOrqDjXjMLh2pquxhXeOhDzQ_tdcaoo6bnV2c6RpeUdKha4W-FbjrUlMGycLG_FNjFxsBtgA1AtBJdm/w640-h360/Doing-business-in-Vietnam-0%20(1).jpg" style="background: transparent; border: none; padding: 0px;" title="Italian investors want to invest in Vietnam" width="640" /></a></div><p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">On July 5th, 2022, the Vietnam-Italy Economic Cooperation Seminar the subject "Vietnam – A business and investment destination for Italian businesses" was organized by the Federation of Industry of Pisa province and Italian Chamber of Commerce in Vietnam (ICHAM), with the cooperation of Vietnamese Ambassador to Italy, the designation of the Embassy, heads of Pontedera cities, Pisa, Cascina, Calcinaia, heads of the Confederation of Industry of Pisa Province, and local businesses of the area of Pisa and the Tuscan region.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Vietnam is as of now Italy's biggest exchanging accomplice the Relationship of Southeast Asian Countries (ASEAN), while Italy is Vietnam's fourth biggest accomplice in the European Association (EU). Two-way exchange turnover 2021 will arrive at USD 5.6 billion, the most significant level ever, an increment of 20% contrasted with 2020. There are in excess of 110 Italian ventures putting resources into 18 regions and urban communities of Vietnam and working effectively. As of late, the Italian government kept on remembering Vietnam for the rundown of 20 nations that keep on focusing on advancing exchange and speculation until 2030.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><b><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Why Italian companies should invest and do business in Vietnam?<o:p></o:p></span></b></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">One is the dynamism of Vietnam's economy. Second, the deep integration of Vietnam's economy, which is a member of 16 Free Trade Agreements (FTAs) at the moment. These FTAs include brand-new and substantial ones like EVFTA, RCEP, and CPTPP. Third is Vietnam's changes and improvement needs. Fourth is the actions to help from the Italian government for organizations, particularly little and medium undertakings, in advancing "Made in Italy" items and internationalizing developing business sectors. Fifth is the reinforcing of trades and common figuring out between the people groups of the two nations.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">The Vietnam Ambassador accepts that the meeting is a valuable chance to trade data and the kickoff of new participation projects sooner rather than later among Tuscany and Vietnam to upgrade this profoundly expected reciprocal collaboration. The Vietnam Ambassador communicated his expectation that an ever increasing number of Italian organizations overall and Toscana specifically will proceed with the outcome of Italian organizations putting resources into Vietnam, <a href="https://antlawyers.vn/library/10-questions-to-ask-before-setting-up-company-in-vietnam.html" style="color: #468db5; outline: none;" target="_blank">setting up company in Vietnam</a> exploiting Tuscany area, with qualities in social qualities, long history, the travel industry, cooking, wine, design and workmanship items, and high innovation.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">A representative of Esanastri printing organization, which has a factory set up in Vietnam, underscored that, notwithstanding lengthy involvement with the field of assembling silk-printed enhancements and 3D logos, as well as future arranging while moving the creation of head protector decorations, glue illustrations and 3D symbols to Vietnam, it was the cordial business climate in Vietnam that turned into an unequivocal variable for the improvement of the organization. Until now, Esanastri Vietnam has 50 workers and has produced more than half a million decorations with a turnover of about 3 million euros in 2021.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">A representative of Segis organization, which likewise has a factory set up in Vietnam, imparted to the gathering participants about the triumphs of Segis Vietnam organization when the organization's furniture items with own plan has won many plan grants from the Modern Plan Relationship in Italy (Compasso D'oro), traded to Italy, Europe and USA for the beyond 10 years.<o:p></o:p></span></p><p style="text-align: justify;"><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;">Vietnam Ambassador has required the help of the city experts in illuminating and supporting businesses</span><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;"> </span><a href="https://www.antlawyers.com/en/update/what-factors-that-make-doing-business-in-vietnam-attractive/" style="background-color: white; color: #468db5; font-family: "Times New Roman", "serif"; font-size: 13pt; outline: none;" target="_blank">doing business</a><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;"> </span><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;">and investing and establishing companies in Vietnam, making good circumstances for trade exercises, culture and exchange among Vietnam and Italy inside the system of exercises to praise the 50th commemoration of the foundation of political relations between the two nations.</span> </p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-16778539619280459352023-08-28T19:21:00.004-07:002023-08-28T19:21:28.466-07:00Setting up Company in Vietnam and Comply<p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; text-align: justify;">Setting up Company in Vietnam and Comply: Quick Tips for Foreigners</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">A foreigner moving to a country like Vietnam with business opportunities is attempting to start a business and seize the opportunity. After settling in, the entrepreneur might wonder, "How difficult it is to <a href="https://antlawyers.vn/update/quick-tips-for-foreigners-to-set-up-company-in-vietnam-and-comply.html" style="color: #468db5; outline: none;" target="_blank">set up company in Vietnam</a> or how challenging the business environment in Vietnam is for operating and <a href="https://www.antlawyers.com/en/update/what-factors-that-make-doing-business-in-vietnam-attractive/" style="color: #468db5; outline: none;" target="_blank">doing business</a> when dealing with administrative procedures from registering investment, setting up the company, complying with periodic reporting and tax declarations?"<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"></p><div class="separator" style="background-color: white; clear: both; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhR7KZz8bG4t51kYVJVylpvImJ3g-HQw2c9qQuLzEyRytYGW44AvryZdSTJ1GrB092SzrWhoaOI4XiYlbUA9Li6XvV5rctT19-iZKgci-bUwSaye3sRvlabwnpC7hjkoY_YPORbRLtBbEGrTiWGzvhbkfFjt4U5dODeiRU8UMLFjUNOKIJ-8uqVrwwuFw/s1197/Set-up-company-in-Vietnam-11%20(2).jpg" imageanchor="1" style="color: #468db5; margin-left: 1em; margin-right: 1em; outline: none;"><img border="0" data-original-height="721" data-original-width="1197" height="386" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhR7KZz8bG4t51kYVJVylpvImJ3g-HQw2c9qQuLzEyRytYGW44AvryZdSTJ1GrB092SzrWhoaOI4XiYlbUA9Li6XvV5rctT19-iZKgci-bUwSaye3sRvlabwnpC7hjkoY_YPORbRLtBbEGrTiWGzvhbkfFjt4U5dODeiRU8UMLFjUNOKIJ-8uqVrwwuFw/w640-h386/Set-up-company-in-Vietnam-11%20(2).jpg" style="background: transparent; border: none; padding: 0px;" width="640" /></a></div><p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">As a spot with an ideal topographical position and copious work assets, and developing purchaser market, Vietnam is progressively growing emphatically, turning into a nation drawing in worldwide venture among Southeast Asia nations. Foreign investors must conduct research on Vietnam's policies, investment incentives, legal requirements, and the process and procedures for establishing a business in order to carry out effective investment activities. If international investors are considering investing in Vietnam, this will provide some quick advice on the fundamental factors they should take into account.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">An individual or an organization established under foreign law could register investments and conduct business activities in Vietnam. Foreign investors are permitted to participate in any legal business, but in order to register an investment, they must meet certain industry requirements. There are a few areas in Vietnam where foreign investors cannot do business due to national security concerns or the state's monopoly.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">An investor who wants to <a href="https://antlawyers.vn/library/how-to-start-a-business-in-vietnam.html" style="color: #468db5; outline: none;" target="_blank">start a business in Vietnam</a> must get a certificate of investment registration from an authorization agency, according to Vietnam law. The Investment Registration Certificate (IRC) will typically be issued within 15 days of receiving a valid dossier for an investment project. Be that as it may, it means a lot to work in the ideal opportunity for setting up the legitimate records for example application, monetary report, bank balance, individual archives and large numbers of such records require apostille, or authentication and legitimization and interpretation into Vietnamese prior to being submitted.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Except for conditional investments and business lines, Vietnam law does not mandate a minimum capital requirement for starting a business. Yet, financial backers are obliged to contribute capital as per the timetable expressed in the IRC and that the public authority has the privilege to demand the financial backer to make sense of the strategy agreeable to them in light of the proposed speculation capital. In the event that the financial backer can't contribute sufficient capital as per the serious time limit, the skilled authority might apply sanctions, including denial of the IRC or the financial backer needs to change the IRC to mirror the real commitment of venture. Once having the IRC, the financial backer then solicitation to get Endeavor Enlistment Endorsement (IRC) which requires 5 days from the date of accommodation of legitimate dossier for business foundation to finish the business setting up process.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Now that the company has established itself in Vietnam, it can officially sign a lease agreement, hire staff, and engage in business transactions to purchase or sell goods or services. The documents must be signed and sealed to be legally binding.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; color: #111111; font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>Then the question is how to have a seal?</b></span><o:p></o:p></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">When an organization was managed by the Public Security authority, it was more difficult to have a seal created for it after it was established. Legislators and business experts have been discussing the possibility of completely removing the seal from legal documents in Vietnam because the signature of the legal representative is the most crucial element. The law governing the issuance of seals has become less strict over time. However, in Vietnam, the seal is still very important because it shows the official notice, such as the decision by the business's legal representative to end a labor contract, along with the signature of the representative. or on the other hand a conspicuous endorsement of a substance to an exchange it enters to enlist a development organization for building a plant. Contingent upon the terms in the organization's contract, the financial backer has the privilege to make more than one seal to utilize. Before using, altering, destroying, or altering the number of seals, the company must send a notice to the business registration office where its head office is located for publication on the National Business Registration Portal. The day the notification process is completed and the seal sample is uploaded to the National Business Registration Portal for verification, the seal can be used.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">During the activity of the business in the wake of being begun, the financial backer requirements to focus on charge commitments, which is vital in many purviews besides in charge paradise nations. However, Vietnam is not included on the exemption list. Every business is required to provide a tax declaration. Consistently, the business should pay various charges and expenses, for example, permit charges (in view of enlisted sanction capital); When a company earns a profit, it must pay Corporate Income Tax (CIT); announce and cover Worth Added Expense (Tank) for sold labor and products, for individual proclaim and settle Individual Annual Duty (PIT), or at times send out assessment and import charge, charge on lands.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">The investment project reporting regime must also be fully adhered to by foreign investors in accordance with the law. These reports will be issued on a regular basis (monthly, quarterly, or annually) regarding topics such as: carried out venture capital, business speculation results, data on work, utilized unfamiliar laborers, investigates natural insurance… Agreeing with the execution of expense installment commitments and intermittently answering to guarantee ideal execution as endorsed will assist the organization with staying away from superfluous dangers, for example, managerial authorizations, business suspension, punishments that could affect the business.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"></span></p><p style="text-align: justify;"><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;">ANT Lawyers – a</span><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;"> </span><a href="https://antlawyers.vn/" style="background-color: white; color: #468db5; font-family: "Times New Roman", "serif"; font-size: 13pt; outline: none;" target="_blank">law firm in Vietnam</a><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;"> </span><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;">will always follow up with authorities for legal update on matters relevant to investment registration or doing business in Vietnam.</span> </p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-52404573064613124642023-07-25T19:21:00.003-07:002023-07-25T19:21:21.388-07:00The Importance of Legal Translation Services in Vietnam<p style="text-align: justify;"> <span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;">The Importance of Legal Translation Services in Vietnam</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">In an undeniably globalized world, viable correspondence across language boundaries is essential, especially in legitimate issues. Legitimate interpretation administrations in Vietnam assume an essential part in crossing over language barriers and guaranteeing precise comprehension and translation of lawful messages and records.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"></p><div class="separator" style="background-color: white; clear: both; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhKLqO9gRdYkO3DdAUX-bHyBXmSkVCEcmqgKZdC8DvCa3YGo_zXHG4qKNvsTOBXHVOSwZB93RXGqGzAiFPbva5iqk2BkxNemArUy1eKcnzmpO3gpRzP3HrG3MHpILDCtvAkLE-pOtPF-NLja66ErdJ2Irv0GyU8lNGNw9iCs1lOCfjFccMNz5Qh0pz19h6h/s1200/Legal-translation-services-in-Vietnam%20(3).jpg" imageanchor="1" style="color: #468db5; margin-left: 1em; margin-right: 1em; outline: none;"><img alt="Ensuring Accuracy and Precision of Translation Services in Vietnam" border="0" data-original-height="781" data-original-width="1200" height="416" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhKLqO9gRdYkO3DdAUX-bHyBXmSkVCEcmqgKZdC8DvCa3YGo_zXHG4qKNvsTOBXHVOSwZB93RXGqGzAiFPbva5iqk2BkxNemArUy1eKcnzmpO3gpRzP3HrG3MHpILDCtvAkLE-pOtPF-NLja66ErdJ2Irv0GyU8lNGNw9iCs1lOCfjFccMNz5Qh0pz19h6h/w640-h416/Legal-translation-services-in-Vietnam%20(3).jpg" style="background: transparent; border: none; padding: 0px;" title="Ensuring Accuracy and Precision of Translation Services in Vietnam" width="640" /></a></div><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><br /></span><p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Legal translation is a profoundly specific field that requests mastery in both legitimate ideas and language proficiency. The complicated idea of overall sets of laws, phrasings, and designs expects interpreters to have thorough information on the source and target dialects, as well as profound experience with the legal systems involved.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">In Vietnam, where official procedures and documentation are directed in Vietnamese, the requirement for exact interpretation emerges while managing worldwide exchanges, contracts, protected innovation freedoms, and other lawful issues including unfamiliar elements. Failure to effectively translate legal documents can prompt misconceptions, legal disputes, and compromised arrangements, possibly bringing in financial loss or damage to reputation.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Accuracy is vital in lawful interpretation, as even a minor blunder or exclusion can have huge results. Legitimate experts depend on exact and dedicated interpretations to accurately appreciate and decipher authoritative reports. By using proficient <a href="https://antlawyers.vn/update/legal-translation-services-in-vietnam.html" style="color: #468db5; outline: none;" target="_blank">legal translation services in Vietnam</a>, clients benefit from interpreters who have phonetic abilities as well as particular lawful information. These interpreters comprehend the intricacies of lawful wordings, guaranteeing that each term and idea is precisely deciphered, saving the expected importance and legitimate ramifications of the original document.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Besides, proficient lawful interpreters follow a thorough quality control process, including editing, altering, and checking, to ensure the precision and consistency of the translated text. This attention to detail guarantees that clients can believe the interpreted reports for lawful purposes, staying away from potential legal traps brought about by wrong interpretations.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Language is profoundly interwoven with culture, and legitimate interpretation should consider social subtleties to pass on the expected message precisely. With regards to Vietnam, a country with its own special social and lawful qualities, proficient legitimate interpreters have a nuanced comprehension of the local legal system This commonality permits them to precisely interpret lawful ideas and adjust the language to line up with social standards and legitimate practices.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">In the legal field, time is frequently of the essence. Proficient legitimate interpretation administrations in Vietnam focus on convenient conveyance without compromising exactness. Interpreters stick to settled cutoff times, empowering clients to continue with official procedures, agreements, or exchanges without pointless deferrals. Furthermore, legitimate interpretation specialist organizations maintain severe secrecy norms. Secrecy arrangements and secure information taking care of conventions are executed to safeguard clients' data, guaranteeing that lawful interpretations are dealt with the greatest possible level of amazing skill and privacy.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">In conclusion, in the present globalized legal scene, precise correspondence is basic for fruitful legitimate results for financial backers and money managers carrying on <a href="https://www.antlawyers.com/en/update/what-factors-that-make-doing-business-in-vietnam-attractive/" style="color: #468db5; outline: none;" target="_blank">doing business in Vietnam</a>. The utilization of expert legal translation services in Vietnam ensures precision, keeps up with the trustworthiness of legitimate correspondences, and improves the general viability of legitimate cycles in Vietnam's assorted and dynamic legal environment.</span></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-51667660340895794882023-07-20T19:19:00.005-07:002023-07-20T19:19:23.005-07:00Vietnam is an attractive destination for startups<p style="text-align: justify;"> <span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;">According to Bloomberg, Vietnam is an attractive destination for startups in 2023</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">The international press reported that Vietnam's economy has been struggling domestically and internationally in 2023. However, there are still encouraging signs regarding the economy's potential for growth. In the meantime, Vietnam is also focusing on long-term economic growth to encourage startups to start businesses, invest, and <a href="https://www.antlawyers.com/en/update/what-factors-that-make-doing-business-in-vietnam-attractive/" style="color: #468db5; outline: none;" target="_blank">do business in Vietnam</a>.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"></p><div class="separator" style="background-color: white; clear: both; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgDkMui5dutgWo82IZy5hR2YkHR1tNC1TMHYKPhipU-OCzSkBpChlheln-4KqJh6ALc_sYzMhuXkN0IoN0Hw2kDUlomoU6yT4gl9xmymqu7e8yJUW_mW6u0VpRTHZWk5kielDG9PwFsPYN7hnUpIWcYTUkIO5Tzr4bQKKazLrKMTJ0XcsGp3pqySSh8DWGu/s1280/Doing-business-in-Vietnam-4%20(6).jpg" style="color: #468db5; margin-left: 1em; margin-right: 1em; outline: none;"><img alt="Vietnam is an attractive destination for startups" border="0" data-original-height="720" data-original-width="1280" height="360" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgDkMui5dutgWo82IZy5hR2YkHR1tNC1TMHYKPhipU-OCzSkBpChlheln-4KqJh6ALc_sYzMhuXkN0IoN0Hw2kDUlomoU6yT4gl9xmymqu7e8yJUW_mW6u0VpRTHZWk5kielDG9PwFsPYN7hnUpIWcYTUkIO5Tzr4bQKKazLrKMTJ0XcsGp3pqySSh8DWGu/w640-h360/Doing-business-in-Vietnam-4%20(6).jpg" style="background: transparent; border: none; padding: 0px;" title="Vietnam is an attractive destination for startups" width="640" /></a></div><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><br /></span><p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">As the boom period of reopening following COVID-19 comes to an end in 2023, the economy is returning to a long-term growth trajectory. Vietnam wants to spend 7% of GDP on infrastructure this year to support economic growth and ensure that FDI will continue to flow into the country for years to come.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">In the future, Vietnam's economy is being strengthened by foreign direct investment. Vietnam is an ideal location for tourists and foreign investors to <a href="https://antlawyers.vn/update/quick-tips-for-foreigners-to-set-up-company-in-vietnam-and-comply.html" style="color: #468db5; outline: none;" target="_blank">set up company in Vietnam</a> due to its favorable business climate, stable political environment, sustainable macroeconomic development, abundant labor force, and low cost.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">According to experts, the situation is very bad all over the world, but Vietnam has been recovering and getting back on track with its development. There will still be obstacles, such as the possibility of a recession and global protectionism, which reduces export demand. However, there will still be many advantages, and foreign investment, investment in human resources, and infrastructure, will drive growth in a variety of ways. In addition, the recovery of consumer and business confidence is expanding rapidly. Domestic demand has returned to normal.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">According to Bloomberg, Vietnam is a desirable location for startups due to its abundance of skilled engineers, low labor costs, and rapidly expanding economy. By 2030, Vietnam wants to make Ho Chi Minh City a "magnet" for technology investments and a digital economy.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Vietnam is now a major hub for manufacturing and a crucial link in the global supply chain. As a result, increasing automation is crucial for economies and businesses. One of the primary drivers is the rapid improvement in labor productivity and digitization of the value chain. Vietnam's economy has great potential for rapid growth and digital transformation across all sectors.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Concerning the factors that ensure Vietnam's growth, there is a consensus. These elements incorporate speeding up primary and institutional changes, profoundly taking part in new-age economic alliances, improving unfamiliar speculation fascination, speeding up computerized financial change, and profound mixing into the worldwide store network.</span></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-86994200657431173912023-07-18T19:36:00.004-07:002023-07-18T19:36:29.813-07:00How to start a business in Vietnam as a foreign investor?<p style="text-align: justify;"> <span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;">How to start a business in Vietnam as a foreign investor?</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Vietnam is one of the fastest-growing economies in Southeast Asia, with a young and dynamic population, a favorable business environment, and a strategic location. Additionally, Vietnam's government has been increasingly enacting more preferential policies to facilitate foreign investors' entry into the country to <a href="https://www.antlawyers.com/en/update/what-factors-that-make-doing-business-in-vietnam-attractive/" style="color: #468db5; outline: none;" target="_blank">do business in Vietnam</a>. If you are interested in starting a business in Vietnam, here are some steps you need to follow:</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"></p><div class="separator" style="background-color: white; clear: both; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhXFu63dyDLu1Bu1Oesg_kVKkJxfAZ9MbOzrkGDP7mnzbdxF9AxLe1wBcTxEfOADaxgodJfVx0UYgfqIf5Z6WdID50-PbSR2VamYmsV7yZMVokr46scNsWbAXwtpxHxHTOS7QGfJW6LVTlJtk3oNZ55XPUDgxHY1qmZm7HTaPvLJz6R7w70oW3nqVKDNJkW/s1280/Start-a-business-in-Vietnam-6%20(1).jpg" style="color: #468db5; margin-left: 1em; margin-right: 1em; outline: none;"><img alt="How to start a business in Vietnam as a foreign investor" border="0" data-original-height="720" data-original-width="1280" height="360" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhXFu63dyDLu1Bu1Oesg_kVKkJxfAZ9MbOzrkGDP7mnzbdxF9AxLe1wBcTxEfOADaxgodJfVx0UYgfqIf5Z6WdID50-PbSR2VamYmsV7yZMVokr46scNsWbAXwtpxHxHTOS7QGfJW6LVTlJtk3oNZ55XPUDgxHY1qmZm7HTaPvLJz6R7w70oW3nqVKDNJkW/w640-h360/Start-a-business-in-Vietnam-6%20(1).jpg" style="background: transparent; border: none; padding: 0px;" title="How to start a business in Vietnam as a foreign investor" width="640" /></a></div><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><br /></span><p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>Step 1: Choose a business entity type</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">There are different types of business entities in Vietnam, such as limited liability company joint-stock company partnership, branch office, representative office, etc. Each type has its own advantages and disadvantages, depending on your business goals, capital, and legal requirements. You should consult a local <a href="https://antlawyers.vn/" style="color: #468db5; outline: none;" target="_blank">law firm in Vietnam</a> to help you decide which entity type suits your needs best.</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>Step 2: Register your business in Vietnam</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">After chosing your business entity type, you need to register your business with the relevant authorities in Vietnam. This involves submitting various documents, such as: business name, address, charter capital, shareholders, directors, tax code, etc. Depending on the type and scope of your business, you may also need to obtain additional licenses or permits from other agencies, such as the Ministry of Industry and Trade, the Ministry of Health, the Ministry of Planning and Investment, etc.</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>Step 3: Open a bank account in Vietnam</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">You need to open company’s bank account after registering your business. You will need to provide your business registration certificate, tax code certificate, and other documents to the bank. You can choose from various local or foreign banks operating in Vietnam, depending on your preferences and needs.</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>Step 4: Hire staff and set up your office in Vietnam</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">The next step is to hire staff and set up your office in Vietnam. You will need to comply with the labor laws and regulations in Vietnam, such as: minimum wage, social insurance, health insurance, working hours, etc. You will also need to find a suitable location for your office and equip it with the necessary facilities and equipment.</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>Step 5: Start your operations and marketing</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">You will need to develop a business plan and strategy that suits the local market and culture in Vietnam. You will also need to build relationships with customers, suppliers, partners, and authorities in Vietnam. You can use various channels and methods to promote your products or services, such as: social media,online platforms, events, etc.</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><a href="https://antlawyers.vn/library/how-to-start-a-business-in-vietnam.html" style="color: #468db5; outline: none;" target="_blank">Starting a business in Vietnam</a> can be challenging but rewarding. By following these steps and seeking professional advice from the law firm in Vietnam when needed, you can successfully establish and grow your business in Vietnam.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">ANT Lawyers is the reliable law firm in Vietnam that will always contact the authorities to obtain legal updates on issues pertaining to do business in Vietnam.</span></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-11703436581227884422023-07-05T19:17:00.004-07:002023-07-05T19:17:56.858-07:00Forms of Setting up company in Vietnam<p style="text-align: justify;"> <span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;">Forms of</span><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt;"> </span><a href="https://antlawyers.vn/library/10-questions-to-ask-before-setting-up-company-in-vietnam.html" style="background-color: white; color: #468db5; font-family: "Times New Roman", "serif"; font-size: 13pt; outline: none;" target="_blank">Setting up company in Vietnam</a></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>According the Vietnam Law on Enterprises, there are four common types of companies:</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Private enterprise</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Partnership</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Joint stock company</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Limited liability company<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"></p><div class="separator" style="background-color: white; clear: both; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhDZ5_BcOnzJ4KnSJSJo3ONf38njvfFlliajrQrnY_pqYr7S1buNWB_tbbdmqy5K4d0VqMemsIjUsK5CE1RcIsJfZe-QdJGnXJ-XHy2obxQ9IqVCqKbKvqRs9SupUp3ODPrgQ5kTm-jqtM0am49RVBJ9v6VtzWONPqwvIQoaKmZ0-oRfNZW3WMr550k9w/s1640/Form-of-setting-up-company-in-Vietnam%20(5).jpg" style="color: #468db5; margin-left: 1em; margin-right: 1em; outline: none;"><img alt="Forms of Setting up company in Vietnam" border="0" data-original-height="924" data-original-width="1640" height="360" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhDZ5_BcOnzJ4KnSJSJo3ONf38njvfFlliajrQrnY_pqYr7S1buNWB_tbbdmqy5K4d0VqMemsIjUsK5CE1RcIsJfZe-QdJGnXJ-XHy2obxQ9IqVCqKbKvqRs9SupUp3ODPrgQ5kTm-jqtM0am49RVBJ9v6VtzWONPqwvIQoaKmZ0-oRfNZW3WMr550k9w/w640-h360/Form-of-setting-up-company-in-Vietnam%20(5).jpg" style="background: transparent; border: none; padding: 0px;" title="Forms of Setting up company in Vietnam" width="640" /></a></div><span style="background-color: white; color: #555555; font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><br /></span><p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-<b>Private enterprise</b> is a business run by a single person who is responsible for all of its operations and owns all of its assets;<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-P<b>artnership</b> is an organization in which (i) at least two partners co-own the business and operate jointly under a single name; There may be limited partners in addition to general partners; ii) A partnership's general partners must be individuals who are fully responsible for the partnership's obligations with their entire property: iii) Limited partners are only responsible for the partnership's debts up to the amount of their capital contribution;<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-<b>Joint stock company</b> is an enterprise where i) Its contract capital is partitioned into equivalent bits known as shares; ( ii) Shareholders may be individuals or organizations; the base number of investors will be three and will not be confined to a specific most extreme number; ( iii) Its shareholders are only responsible for the debts and other property obligations of the company up to the value of their capital contribution; ( iv) Shareholders will be free to transfer their shares in accordance with the law;<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-<b>Limited liability company</b> (also known as a single-member or multi-member limited liability company). A one-member limited liability company is an enterprise which is owned by one organization or individual (hereinafter referred to as the company owner); Within the company's charter capital, the owner is responsible for the company's debts and other property obligations. A business is a limited liability company if: i) Members may be individuals or organizations; The number of members in total cannot be more than fifty; ( ii) Individuals are answerable for obligations and other property liabilities of the undertaking inside how much capital that they have resolved to add to the endeavor; ( iii) The members' capital shares can only be transferred in accordance with the law.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">ANT Lawyers is a <a href="https://antlawyers.vn/" style="color: #468db5; outline: none;" target="_blank">law firm in Vietnam</a> with international standards, recognized by IFLR1000 on Financial and Corporate practice. The firm provides a wide range of legal services, including M&A, corporate establishment, business advisory, tax advisory, <a href="https://antlawyers.vn/area-of-expertise/dispute-resolution" style="color: #468db5; outline: none;" target="_blank">dispute resolution</a> for multinational and domestic clients.</span></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-49203650985757078812023-06-26T21:48:00.004-07:002023-06-26T21:48:34.751-07:00How to Establish a Joint-Stock Company in Vietnam?<p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"><span lang="VI" style="font-family: "Times New Roman", "serif"; font-size: 13pt; text-align: justify;">How to</span><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; text-align: justify;"> Establish a Joint-Stock Company in Vietnam?</span></p><p class="MsoNormal" style="background: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: normal; text-align: justify;"><span lang="VI" style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;">In addition to limited liability companies, partnerships, and private enterprises, joint-stock companies are recognized by Vietnamese law. When a Vietnam authority issues a Certificate of Business Registration, a joint-stock company gains legal status. Consult with corporate lawyers in Vietnam to learn about the advantages of various company formations in Vietnam for the owner's efficient management and goals.</span><span style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;"><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: normal; margin-bottom: 0in; text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjBCf1-TRDKHsWxjCevaNW2tlfYmqEaNmG7GBxFWdlR8VGedbkjruYKJ5O0qNvB1SXSTK12sA8ibF7B-VeJzVOP8_RO9AQL4467E0a6iZC4C3sNqqrXN9CfLA7xv-33OIDRwjwV8jlXnpIeSp3MdoGUH-T34m_-jbS_U773AKb6hnvny3NdnoM-4cdGwVlo/s1200/Set-up-joint-stock-company-in-Vietnam-4%20(5).jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="How to Establish a Joint-Stock Company in Vietnam" border="0" data-original-height="700" data-original-width="1200" height="374" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjBCf1-TRDKHsWxjCevaNW2tlfYmqEaNmG7GBxFWdlR8VGedbkjruYKJ5O0qNvB1SXSTK12sA8ibF7B-VeJzVOP8_RO9AQL4467E0a6iZC4C3sNqqrXN9CfLA7xv-33OIDRwjwV8jlXnpIeSp3MdoGUH-T34m_-jbS_U773AKb6hnvny3NdnoM-4cdGwVlo/w640-h374/Set-up-joint-stock-company-in-Vietnam-4%20(5).jpg" title="How to Establish a Joint-Stock Company in Vietnam" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><span style="background-color: white; font-family: "Times New Roman", "serif"; font-size: 13pt;"><o:p></o:p></span><p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></p><p class="MsoNormal" style="background: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: normal; text-align: justify;"><span lang="VI" style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;">As per the meaning of the Law on Undertakings, a business entity is a venture whose sanction capital is separated into two halves called shares. A joint-stock company can have individuals or organizations as its shareholders; the minimum number of shareholders is three. Since there is no maximum number of shareholders, the company will be able to easily expand its operations on a larger scale. In addition, shareholders will only be responsible for the company's debts and other property obligations up to the amount of capital contributed. Due to the level of risk that shareholders must bear, this is an advantage of this type of business. Specifically, business entities reserve the privilege to give offers, bonds and different protections to raise capital, which is a component that different kinds of organizations don't have.</span><span style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;"><o:p></o:p></span></p><p class="MsoNormal" style="background: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: normal; text-align: justify;"><span lang="VI" style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;">The owner of a <a href="https://www.antlawyers.com/en/update/what-factors-that-make-doing-business-in-vietnam-attractive/" style="color: #468db5; outline: none;" target="_blank"><span style="color: black;">business in Vietnam</span></a> has the option of submitting a set of documents to the Business Registration Office where the intended head office is located on their own or by authorizing another individual, organization, or <a href="https://antlawyers.vn/" style="color: #468db5; outline: none;" target="_blank"><span style="color: black;">law firm</span></a></span><span style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;"><a href="https://antlawyers.vn/" style="color: #468db5; outline: none;" target="_blank"><span style="color: black;"> in Vietnam</span></a></span><span lang="VI" style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;"> to do so. These documents include:</span><span style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;"><o:p></o:p></span></p><p class="MsoNormal" style="background: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: normal; margin-bottom: 16.8pt; text-align: justify;"><b><span lang="VI" style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;">1.An application for enterprise registration;</span></b><span style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;"><o:p></o:p></span></p><p class="MsoNormal" style="background: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: normal; margin-bottom: 16.8pt; text-align: justify;"><b><span lang="VI" style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;">2.The company’s charter;</span></b><span style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;"><o:p></o:p></span></p><p class="MsoNormal" style="background: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: normal; margin-bottom: 16.8pt; text-align: justify;"><b><span lang="VI" style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;">3.List of founding shareholders and list of shareholders being foreign investors;</span></b><span style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;"><o:p></o:p></span></p><p class="MsoNormal" style="background: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: normal; margin-bottom: 16.8pt; text-align: justify;"><b><span lang="VI" style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;">4.Copies of the following papers:</span></b><span style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;"><o:p></o:p></span></p><p class="MsoNormal" style="background: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: normal; margin-bottom: 16.8pt; text-align: justify;"><span lang="VI" style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;">a) Legal papers of the individual for the legal representative of the enterprise;</span><span style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;"><o:p></o:p></span></p><p class="MsoNormal" style="background: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: normal; margin-bottom: 16.8pt; text-align: justify;"><span lang="VI" style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;">b) Personal legal papers for company members, founding shareholders, shareholders being foreign investors who are individuals; Legal papers of the organization for members, founding shareholders, shareholders being foreign investors being organizations; Legal documents of individuals for authorized representatives of members, founding shareholders, shareholders being foreign investors being organizations and documents on appointment of authorized representatives.</span><span style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;"><o:p></o:p></span></p><p class="MsoNormal" style="background: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: normal; text-align: justify;"><span lang="VI" style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;">For individuals and investors being unfamiliar associations, duplicates of lawful papers of the association should be authenticated and consularly sanctioned in Vietnam; The owner of a business in Vietnam has the option of submitting a set of documents to the Business Registration Office where the intended head office is located on their own or by authorizing another individual, organization, or law firm to do so. These documents include:</span><span style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;"><o:p></o:p></span></p><p class="MsoNormal" style="background: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: normal; margin-bottom: 16.8pt; text-align: justify;"><span lang="VI" style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;">c)Investment registration certificate, in case the enterprise is established or participated in the establishment by a foreign investor or a foreign-invested economic organization in accordance with the provisions of the Investment Law and other legal documents; implementation manual.</span><span style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;"><o:p></o:p></span></p><p class="MsoNormal" style="background: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: normal; text-align: justify;"><span lang="VI" style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;">The Business Registration Office will process the application within three working days of receiving it.</span><span style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;"><o:p></o:p></span></p><p class="MsoNormal" style="background: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; line-height: normal; text-align: justify;"><span lang="VI" style="color: black; font-family: "Times New Roman", "serif"; font-size: 13pt;">ANT Lawyers could assist you in establishing a <a href="https://antlawyers.vn/library/set-up-a-joint-stock-company-in-vietnam.html" style="color: #468db5; outline: none;" target="_blank"><span style="color: black;">joint-stock company in Vietnam</span></a> with their highly skilled staff and extensive experience in foreign investment.</span></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-49524975759069898872023-06-23T00:16:00.004-07:002023-06-23T00:16:52.497-07:00What Are the Benefit of setting up business in Vietnam?<p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; text-align: justify;">What Are the Benefit of setting up business in Vietnam?</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Vietnam has a coastline that is more than 3,000 kilometers long, and it is situated in a significant region of Southeast Asia. Vietnam's diverse geography includes mountainous, highland, and coastal areas that are suitable for general economic zones, making it an ideal location for the growth of the tourism and trade sectors. Investors can benefit from incentives for land finance, import and export taxes, and corporate income tax when <a href="https://antlawyers.vn/library/what-are-the-advantage-of-foreign-investors-in-setting-up-business-in-vietnam.html" style="color: #468db5; outline: none;" target="_blank">setting up business in Vietnam</a>.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjl1rcd0oIemT7vM-yeP1dn-MukxfbRVGljy8PPk42kvxfOmG1HcPr1pzYFerYOvC_nvqpZYK0NrrII4tV4aM0XXLuaObVjSbST6rX5kcaM7iyrzUIM3enVL4QU_b8e6UY7ccFHGP6_XMcWMvgm-nVqW6b5R8Shb_A64rL04aF5Z2cfigUdiOowOU5LQXmD/s1200/Setting-up-business-in-Vietnam-8%20(5).jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="What Are the Benefit of setting up business in Vietnam" border="0" data-original-height="800" data-original-width="1200" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjl1rcd0oIemT7vM-yeP1dn-MukxfbRVGljy8PPk42kvxfOmG1HcPr1pzYFerYOvC_nvqpZYK0NrrII4tV4aM0XXLuaObVjSbST6rX5kcaM7iyrzUIM3enVL4QU_b8e6UY7ccFHGP6_XMcWMvgm-nVqW6b5R8Shb_A64rL04aF5Z2cfigUdiOowOU5LQXmD/w640-h426/Setting-up-business-in-Vietnam-8%20(5).jpg" title="What Are the Benefit of setting up business in Vietnam" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Tax incentives for businesses: The corporate tax rate (CIT) in Vietnam has been gradually decreasing over the past few years. In the 2004-2008 period, CIT was 28%, in the 2009-2013 period it was 25%, from 2014 to 2015, 22% and from January 1, 2016 up to this point, 20%. In addition, the provision of high corporate income tax incentives for a number of essential fields that need to be encouraged for investment has contributed to the attraction of investment, the encouragement of business, the creation of favorable conditions for enterprises to increase accumulation, the increase in investment in the economy, and the promotion of growth, thereby encouraging investors to<a href="https://antlawyers.vn/library/how-to-start-a-business-in-vietnam.html" style="color: #468db5; outline: none;" target="_blank"> start businesses in Vietnam</a>.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Tax incentives for imports and exports: Regulations have been added to the 2016 Import and Export Tax Law to exempt high-tech businesses, science-tech businesses, and science-tech organizations from paying import taxes on raw materials, materials, and components that cannot be produced domestically within five years of the start of production. There are also import and export tax incentives being applied such as:<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">(i)Goods imported for foreign processing are exempt from import tax, and products exported and returned to foreign parties are exempt from export tax;<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">(ii)The tax payment deadline can be extended to 275 days from the date of filing the customs declaration for goods that are imported for the purpose of processing and are exempt from tax, goods that are temporarily imported for re-export, and goods that are raw materials and supplies used in the production of exported goods; Taxes on goods temporarily imported for re-export may be paid 15 days after the expiration date;<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">(iii)The creation of fixed assets for investment projects in areas of special investment encouragement, investment promotion fields, and locality with difficult socio-economic conditions is exempt from import tax on goods.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Incentives on land finance: The general land rent can be reduced from 1.5 percent to 1 percent for <a href="https://www.antlawyers.com/en/update/set-up-company-in-vietnam-what-areas/" style="color: #468db5; outline: none;" target="_blank">foreign investors investing in Vietnam</a>. Furthermore, the State likewise specifies the utilization of the land cost change coefficient in deciding the land cost to compute the land lease, consequently, making Vietnam progressively turning into a good objective to draw in unfamiliar speculation and company foundation in Southeast Asia.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">In the spirit of the state ensuring the rights of the investors' ownership, investment capital, and other interests of foreign organizations and individuals, creating favorable conditions, and simplifying procedures for such organizations and individuals to invest in Vietnam, the development of a transparent and consistent investment legal system is also increasingly becoming a useful tool to promote inflows of foreign direct investment into Vietnam.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">The international public considers Vietnam's foreign investment law to be more open and appealing than those of some of the countries in the region. For instance, the law allows for 100% foreign capital ownership, administrative procedures are simplified, and there is no discrimination between Vietnamese and foreign-invested businesses. The law has been changing to see investment and business as matters between businesses and investors, with investors having full authority to make decisions about everything from investment projects to the company's formation and operations, and the government only guiding, creating an open legal environment with favorable mechanisms and procedures, supervising, and enforcing the law.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">ANT Lawyers - a <a href="https://antlawyers.vn/" style="color: #468db5; outline: none;" target="_blank">law office in Vietnam</a> will continuously circle back to experts for legitimate update on issues pertinent to venture enrollment or business setting-up in Vietnam.</span></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-24389570488355429242023-06-21T00:39:00.003-07:002023-06-21T00:40:23.205-07:007 Fundamental steps to comply with Vietnam laws and set up a business<p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"><span style="color: #202124; font-family: "Times New Roman", "serif"; font-size: 13pt; text-align: justify;">7 Fundamental steps to comply with Vietnam laws and set up a business</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">In terms of business activities, Vietnam's economy is becoming more diverse, and business regulations are also constantly being improved. As a result, foreign investors are free to select the appropriate business. Therefore, when foreign investors discover business opportunities, <a href="https://antlawyers.vn/library/10-questions-to-ask-before-setting-up-company-in-vietnam.html" style="color: #468db5; outline: none;" target="_blank">setting up a company in Vietnam</a> there is always a topic of great interest.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgbIp6VdohlJzoGlbM6JA6RVoh55uWRj9YjNFz2xI_z7DK7W7TEnL-lipSKEWj5YMYS31tknQn6NfN_tiFiuVsrHrQHKrEQjfZZfIIUhMESbpLHcvnLhlpkzPzJRmP21XLN1SNBNMzubukg5i_suGdO5OLSWtLeSvaXIOvQ_AQ7Lk-kRH0hPL_bDF2l2iQD/s1200/Setting-up-business-in-Vietnam-9%20(3).jpg" style="margin-left: 1em; margin-right: 1em;"><img alt="7 Fundamental steps to comply with Vietnam laws and set up a business" border="0" data-original-height="734" data-original-width="1200" height="392" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgbIp6VdohlJzoGlbM6JA6RVoh55uWRj9YjNFz2xI_z7DK7W7TEnL-lipSKEWj5YMYS31tknQn6NfN_tiFiuVsrHrQHKrEQjfZZfIIUhMESbpLHcvnLhlpkzPzJRmP21XLN1SNBNMzubukg5i_suGdO5OLSWtLeSvaXIOvQ_AQ7Lk-kRH0hPL_bDF2l2iQD/w640-h392/Setting-up-business-in-Vietnam-9%20(3).jpg" title="7 Fundamental steps to comply with Vietnam laws and set up a business" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="color: #202124; font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>7 fundamental steps to set up a business include:</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-<a href="https://antlawyers.vn/library/what-are-the-advantage-of-foreign-investors-in-setting-up-business-in-vietnam.html" style="color: #468db5; outline: none;" target="_blank">Set up a business in Vietnam</a><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Publish the contents of business registration<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-The enterprise conducts stamp engraving<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Open a bank account in Vietnam<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Register the tax declaration form in Vietnam<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-The enterprise needs to conduct labor registration in Vietnam<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Register for social insurance in Vietnam<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><b><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">1.The first step is to set up a business in Vietnam<o:p></o:p></span></b></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">The investor must first choose the kind of business they want to start and provide the name and expected information before they can proceed with this step. Consequently, the enterprise establishment dossier will be prepared in accordance with regulations and submitted to the Department of Planning and Investment, Business Registration Office, of the location where it is anticipated to be headquartered. The company will receive a certificate of registration after submitting a valid application, and the contents of the registration will be posted on the National Business Registration Portal.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>2.The second step is to publish the contents of business registration</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Subsequent to being conceded an endeavor enrollment endorsement, a venture should make a public declaration on the Public Business Enlistment Entry.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>3. In the third step, the enterprise conducts stamp engraving</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Enterprises can demand to make a seal from the seal-making specialist. As a result, the company is solely accountable for the use of its legal entity seal and actively chooses the seal's type, quantity, form, and content.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>4. Fourth step is that to open a bank account in Vietnam</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">At the moment, businesses have the option of choosing a bank to open an account for them. To do so, the bank needs an application form, a sample of the bank's seal, the company's charter, and a certificate. Business enlistment and related archives are expected by various bank.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>5. The fifth step is to register the tax declaration form in Vietnam</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">As a result, businesses register to use e-invoices and notify their tax authorities of this use. Undertakings need to contact the receipt provider to arrange the printing of significant worth added receipt books and should enlist self-printed solicitations with charge specialists.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>6. In the sixth step, the enterprise needs to conduct labor registration in Vietnam.</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Enterprises register with the Department of Labor, War Invalids and Social Affairs to proclaim the utilization of work. The employer must fill out the required form and register with the Labor Department within thirty days of the start of business. Additionally, Enterprises should keep in mind that the labor contract and the Labor Code govern the relationship between employers and employees.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>7.Seventh step is to register for social insurance in Vietnam.</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Enterprises register with the Social Insurance Agency to proclaim the utilization of work. The employer must fill out the required form and register with the Social Insurance Agency within thirty days of the start of business. Additionally, businesses should keep in mind that the labor contract and the Labor Code govern the relationship between employers and employees.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">It tends to be seen that setting up a business expects organizations to complete a ton of techniques and follow various guidelines of duty, banking, work, protection… Consequently, other than finding out about legitimate guidelines and organizations can look for the help of expert counseling firm in Vietnam with mastery and involvement with the field of business foundation to carry out the cycle rapidly and really.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Finding the right colleague in Vietnam is likewise significant. In order to identify potential risks when working together, we recommend conducting background checks on key personnel, gathering publicly available information about the company and individual shareholders, whether corporate or individual. Working with a dependable accomplice can assist with accomplishing monetary advantages, setting aside time and cash in business.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">ANT Lawyers, a <a href="https://antlawyers.vn/" style="color: #468db5; outline: none;" target="_blank">Vietnam-based law firm</a>, may provide assistance in setting up business in Vietnam. We help clients who need legal help get certificates for investment, business registration, or other licensing procedures.</span></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-84011140454162403202023-06-14T23:42:00.003-07:002023-06-14T23:42:26.732-07:00How to Establish Travel Services Business in Vietnam?<p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; text-align: justify;">How to Establish Travel Services Business in Vietnam?</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Because passenger transportation is one of the investment areas subject to restrictions for foreign investors in Vietnam, a foreign investor can only form a joint venture with a travel agency in Vietnam to establish a travel services business there.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZmRO41jX8ssO5Ja3hWjztGcR6-KFgoh9Oudv-Rw6nMFdCRMiyYQUj47uouZsuje3_feiPRtlOiPlEgT-gS3924nAfvtnGuu2SAuhLTmRVg2lKfdKopQ7s_qlcjYCXkLhVf38hqLPxFQYvuePPeodNVEiqhUq5fOsgCwt2UI0vnyRl81fmNN__BeHv2Q/s1200/Establish-travel-business-in-Vietnam%20(5).jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="753" data-original-width="1200" height="402" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZmRO41jX8ssO5Ja3hWjztGcR6-KFgoh9Oudv-Rw6nMFdCRMiyYQUj47uouZsuje3_feiPRtlOiPlEgT-gS3924nAfvtnGuu2SAuhLTmRVg2lKfdKopQ7s_qlcjYCXkLhVf38hqLPxFQYvuePPeodNVEiqhUq5fOsgCwt2UI0vnyRl81fmNN__BeHv2Q/w640-h402/Establish-travel-business-in-Vietnam%20(5).jpg" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">It is impossible to deny the significant impact that information technology has had on the travel services industry. The utilization of booking reservation framework application on cell phone and web are inescapable that make travel has never been more straightforward. The travel services market would be interesting for a foreign investor to explore. Nonetheless, 100 % foreign owned company is not allowed to set-up travel services business in Vietnam. Due to the conditionality of this investment area, a <a href="https://antlawyers.vn/" style="color: #468db5; outline: none;" target="_blank">Vietnam-based law firm</a> should be consulted to ensure compliance with local regulations.<o:p></o:p></span></p><h2 style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 30px; font-weight: normal; line-height: 1; margin-bottom: 16px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">The application process and documents requirements to establish travel business in Vietnam are briefly</span></h2><h3 style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 20px; font-weight: normal; line-height: 1; margin-bottom: 16px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">1.Required documents to establish travel business in Vietnam</span></h3><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Application for the International Travel Business License (form);<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Certificate of business registration (copy – certified)<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Business plan for the international travel agency;<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Tour schedule<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Proof of at least 4 years of experience in international travel business operations<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Certified copies of the tourist guides’ cards whereby at least 3 international tourist guides are required<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Confirmation of bank deposit (as per regulations);<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Proof of offi<o:p></o:p></span></p><h3 style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 20px; font-weight: normal; line-height: 1; margin-bottom: 16px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">2. Business License Application Procedure to establish business in Vietnam</span></h3><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Submitting the required documents to the appropriate authority (the province or city's Department of Culture, Sports, and Tourism).<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Within 10 working days of receiving a valid application, the province or city's Department of Tourism completes the appraisal records and sends a written request along with the agency's records to Vietnam's Ministry of Culture, Sports, and Tourism. At the point when cases are not qualified for the proposed grant to the state organizations, the commonplace the travel industry office will refer to the particular purposes behind refusal.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Within ten working days of receiving the file and written request from the state agency of tourism in the province, the international travel business must be reviewed and licensed by the state management agency of tourism (VNAT – Ministry of Culture, Sports, and Tourism). In the event of refusal, the service will express the particular motivations to the state and commonplace the travel industry specialists.<o:p></o:p></span></p><h3 style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 20px; font-weight: normal; line-height: 1; margin-bottom: 16px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">3. Number of records</span></h3><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Submission to the Department of Culture, Sports and Tourism: 01<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">– Tourism Authority Filed in: 01</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", serif; font-size: 17.3333px;">ANT Lawyers – a law firm in Vietnam will always follow up with authorities for legal update on matters relevant to investment registration or <a href="https://antlawyers.vn/library/procedures-to-register-business-in-vietnam.html" style="color: #468db5; outline: none;" target="_blank">business registering in Vietnam</a>.</span></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-13216835243990050372023-06-02T03:20:00.004-07:002023-06-02T03:20:43.202-07:008 Important Steps Guide to Establish Company in Vietnam<p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; text-align: justify;">8 Important Steps Guide to Establish Company in Vietnam</span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">It is possible for foreign investors to <a href="https://antlawyers.vn/library/what-important-step-by-step-guide-to-establish-company-in-vietnam.html" rel="" style="color: #468db5; outline: none;" target="_blank">establish company in Vietnam</a>. Foreign investors have the right to choose the appropriate forms of enterprise such as a limited liability company, joint stock company... with particular steps including:<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEieR0kvqwGDVuXuFGJa3Q8muVK44MhHHjho4SWhhLyNv3Hj2MMZPh4cRC4_3UWsIIpmngaL8RKDg3JdLLcAz5oqpoFiIkzAZ5E7GqrpCgeVrBI45J0InV_nLuXw3aUjjO6CxBYadVdky_mg5AxNwGY5uI5hPcein1A6CZCGGzcoeooNjH9wIXy3s1pepw/s1200/Establish-company-in-Vietnam-6%20(5).jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="8 Important Steps Guide to Establish Company in Vietnam" border="0" data-original-height="622" data-original-width="1200" height="332" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEieR0kvqwGDVuXuFGJa3Q8muVK44MhHHjho4SWhhLyNv3Hj2MMZPh4cRC4_3UWsIIpmngaL8RKDg3JdLLcAz5oqpoFiIkzAZ5E7GqrpCgeVrBI45J0InV_nLuXw3aUjjO6CxBYadVdky_mg5AxNwGY5uI5hPcein1A6CZCGGzcoeooNjH9wIXy3s1pepw/w640-h332/Establish-company-in-Vietnam-6%20(5).jpg" title="8 Important Steps Guide to Establish Company in Vietnam" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>Step 1: Register the investment project to establish company in Vietnam</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Investors submit a registration file for an investment project to the business registration office of the province, city, or management board of an industrial, export processing, or high-tech zone for approval within 15 days (without additional time for clarification).<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>Step 2: Apply for Certificate of investment registration</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Investors can apply for a <a href="https://antlawyers.vn/library/what-is-business-registration-certificate-in-vietnam.html" rel="nofollow" style="color: #468db5; outline: none;" target="_blank">business registration certificate in Vietnam</a> by submitting a valid record to the Department of Planning and Investment within ten days of the investment project's approval.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>Step 3: Apply for the certificate of business registration</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">After obtaining the business registration certificate, the investor shall submit the application for enterprise registration certificate to the enterprise registration office within 3 days.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>Step 4: Publish the content of the business registration</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Within 30 days of receiving the certificate of enterprise registration, the investor is required to disclose the following information about the company on the national enterprise registration portal:<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">i, Business lines;<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">ii, List of founding shareholders and shareholders being foreign investors for joint-stock companies.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>Step 5: Registered business stamp</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">The form, quantity, and contents of the company's stamp are entirely up to the business. The following information must be displayed in the stamp's content:<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Company’s name;<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">-Business code.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">After receiving the legal entity stamp and before using the business stamp, the enterprise must send a notice on the stamp of the enterprise to the business registration office for publication in the National Information Portal on the business registration.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>Step 6: Notice of use of stamp</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Investors send notices on use of stamp forms to the Investment registration agency after getting a stamp. The Investment registration agency stamps samples of businesses, branches, and representative offices for businesses, publishes the business's notice on the National Business Information Portal, and issues a receipt for the business following receipt of the record.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>Step 7: Open bank account</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Financial backers need to open two sorts of ledgers, to be specific the speculation capital record to get the venture sum and the exchange represent going through with everyday exchange in Vietnam.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;"><b>Step 8: The post licensing procedures</b><o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">For the conditional business lines:<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 19.9333px;">Investors investing in conditional business lines as defined in Appendix 4 of the Investment Law 2014 are required to have professional liability insurance, a certificate of business qualification, practicing certificates, and other documentation… prior to directing business in Vietnam.<o:p></o:p></span></p><p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></p><div style="background-color: white; clear: both; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></div><div class="post-share-buttons" style="background-color: white; color: #555555; display: inline-block; font-family: Arial, Helvetica, sans-serif; font-size: 12px; margin-top: 0.5em; position: relative; vertical-align: middle;"><a class="goog-inline-block share-button sb-email" href="https://www.blogger.com/share-post.g?blogID=5423266877675058804&postID=5408379989291361845&target=email" style="background: url("/img/share_buttons_20_3.png") 0px 0px no-repeat !important; color: #468db5; display: inline-block; height: 20px; margin-left: -1px; outline: none; overflow: hidden; position: relative; width: 20px;" target="_blank" title="Gửi email bài đăng này"><span class="share-button-link-text" style="display: block; text-indent: -9999px;">Gửi email bài đăng này</span></a><a class="goog-inline-block share-button sb-blog" href="https://www.blogger.com/share-post.g?blogID=5423266877675058804&postID=5408379989291361845&target=blog" style="background: url("/img/share_buttons_20_3.png") -20px 0px no-repeat !important; color: #468db5; display: inline-block; height: 20px; margin-left: -1px; outline: none; overflow: hidden; position: relative; width: 20px;" target="_blank" title="BlogThis!"><span class="share-button-link-text" style="display: block; text-indent: -9999px;">BlogThis!</span></a><a class="goog-inline-block share-button sb-twitter" href="https://www.blogger.com/share-post.g?blogID=5423266877675058804&postID=5408379989291361845&target=twitter" style="background: url("/img/share_buttons_20_3.png") -40px 0px no-repeat !important; color: #468db5; display: inline-block; height: 20px; margin-left: -1px; outline: none; overflow: hidden; position: relative; width: 20px;" target="_blank" title="Chia sẻ lên Twitter"><span class="share-button-link-text" style="display: block; text-indent: -9999px;">Chia sẻ lên Twitter</span></a><a class="goog-inline-block share-button sb-facebook" href="https://www.blogger.com/share-post.g?blogID=5423266877675058804&postID=5408379989291361845&target=facebook" style="background: url("/img/share_buttons_20_3.png") -60px 0px no-repeat !important; 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font-size: 13pt; line-height: 18.5467px;">With the public authority's endeavors in working on the venture and business climate, which is good for homegrown financial backers as well as unfamiliar financial backers, Vietnam's monetary, political and social circumstance has consistently stayed stable and accomplished extraordinary advancement, over the course of the time including the post-Coronavirus period, while laying out reciprocal exchange relations with numerous nations the world. In an effort to open up the economy, the government keeps changing its policies to support business development and improve the business environment. Specifically, the public authority resolves to energize unfamiliar financial backers carrying on with work in Vietnam: to start a business, build a factory, or buy shares in a Vietnamese company, or to invest in Vietnam in various sectors that will benefit the economy.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg36xYzHFoAp7HH6dMC85o2jb5-jNUd3BSnjJIBqwQ2w3qt9rXIYz4z3savw4rH27Bnc7zsNCNf5etLIIy_1UV5r0tiQXKUAU6KfwiACOFlLccNn0iHnNY4XqsVX24LrvlTbnCZeyGCrXfSVjmwgCtZunGafrTMXejDG9b5h7G-zj_P_BRMOdSxJ5daow/s1200/Set-up-company-in-Vietnam-12%20(5).jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Areas prohibited to set up company in Vietnam" border="0" data-original-height="734" data-original-width="1200" height="392" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg36xYzHFoAp7HH6dMC85o2jb5-jNUd3BSnjJIBqwQ2w3qt9rXIYz4z3savw4rH27Bnc7zsNCNf5etLIIy_1UV5r0tiQXKUAU6KfwiACOFlLccNn0iHnNY4XqsVX24LrvlTbnCZeyGCrXfSVjmwgCtZunGafrTMXejDG9b5h7G-zj_P_BRMOdSxJ5daow/w640-h392/Set-up-company-in-Vietnam-12%20(5).jpg" title="Areas prohibited to set up company in Vietnam" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px;"></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 18.5467px;">In general, foreign investors are permitted to establish a business and invest in Vietnam. Up until the end of 2022, the capital for Foreign Direct Investment (FDI) registered is USD 439 billion, and the FDI attracted in 2022 alone is USD 27,7 billion. In practice, a significant number of them have established businesses in Vietnam and have made substantial investments in manufacturing and production, real estate, energy, technical fields, wholesale and retail product trading, and other related industries.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><b><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 18.5467px;">Areas prohibited to set up company in Vietnam<o:p></o:p></span></b></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 18.5467px;">It should be noted that the following are prohibited areas of business in Vietnam: i) dealing in illegal drugs; ii) minerals and chemicals are traded; iii) exchanging examples of plants and wild creatures; iv) the prostitution industry; v) buying and selling people, tissues, organs, human hatchlings; vi) human cloning-related business practices; vii) exchanging fireworks; viii) Businesses that provide debt collection services, including debt collection services, which were recently added to the prohibited list in the beginning of 2021 due to the negative social impact that debt collection companies in Vietnam have had.<o:p></o:p></span></p><p class="MsoNormal" style="background-color: white; color: #555555; font-family: Arial, Helvetica, sans-serif; font-size: 12px; text-align: justify;"><span style="font-family: "Times New Roman", "serif"; font-size: 13pt; line-height: 18.5467px;">The general requirement for both domestic and international investors is that they are permitted to engage in business investment activities in trades and industries that are not prohibited by law. The remaining trades and industries are divided into conditional and ordinary business lines, with the exception of the trades that are prohibited from business investment. In normal business lines, financial backers can openly enter without boundaries. Interestingly, contingent business lines set conditions that should be met assuming the financial backers wish to join. Understanding the lawful condition to work in a particular industry and business line is the initial step for financial backers to enter the market to set up organization in Vietnam.</span></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-24200141596787167942023-04-24T19:13:00.003-07:002023-04-24T19:13:16.403-07:00How an International Organization Could Set up Branch Office in Vietnam?<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">How an International
Organization Could Set up Branch Office in Vietnam?</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">An unfamiliar business
substance or an unfamiliar dealer is permitted to <a href="https://antlawyers.vn/legal-service/establishment-of-the-foreign-traders-branch-in-vietnam.html" target="_blank"><span style="color: #468db5;">set up a branch office in Vietnam</span></a> to
direct business exercises.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjkpEPGffkIpbNqetmEKTz0zrOyGKOLaYRc-xBVKYx8S41K-W-H2tlwJtae1zV5SO7Ov7wHDoPc5Nr2eI4ns9JHYa9DQ464DSbQE1B54Xc9fKov9yETTmY9wy0-DGlICC2hYTBM7i-xIirr98qqycCAat7To7-Wwl-U8s1vmHqROslub0cGB3zRX0KLgA/s1200/Set-up-branch-office-in-Vietnam-9%20(1).jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="740" data-original-width="1200" height="394" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjkpEPGffkIpbNqetmEKTz0zrOyGKOLaYRc-xBVKYx8S41K-W-H2tlwJtae1zV5SO7Ov7wHDoPc5Nr2eI4ns9JHYa9DQ464DSbQE1B54Xc9fKov9yETTmY9wy0-DGlICC2hYTBM7i-xIirr98qqycCAat7To7-Wwl-U8s1vmHqROslub0cGB3zRX0KLgA/w640-h394/Set-up-branch-office-in-Vietnam-9%20(1).jpg" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">A branch in Vietnam is
distinct from a representative office in that it is granted the authority to
carry out business activities and generate revenue. While a foreign-owned
company established in Vietnam exists independently, a branch is dependent on
the foreign business entity that established the branch. The establishment of a
branch office in Vietnam will be approved by the Vietnam Department of Industry
and Trade, and the Vietnam Ministry of Planning and Investment will be the
state agency in charge of coordinating company formation in Vietnam.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">In particular, the term
"Branch" refers to a subsidiary unit of a foreign business entity
that has been established in accordance with Vietnamese law to be able to enter
into contracts and engage in the purchase and sale of goods and other
commercial activities in accordance with its license for establishment granted
in accordance with Vietnamese law and any international treaty to which the
Socialist Republic of Vietnam belongs.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">The establishment license
must be applied for and obtained by the Branch; and have a seal with the
branch's name on it.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><b><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">1.
Rights of the Branch in Vietnam</span></b><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">-To rent offices and to
lease or purchase the equipment and facilities necessary for the operation of
the branch.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">-To recruit Vietnamese and
foreign employees to work for the branch in accordance with the law of Vietnam.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">-To enter into contracts
in Vietnam in accordance with the activities stated in the license for
establishment of such branch and in accordance with the Vietnam Law.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">-To open Vietnamese dong
and foreign currency accounts at banks which are licensed to operate in
Vietnam.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">-To remit profits abroad
in accordance with the law of Vietnam.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">-To have a seal bearing
the name of the branch in accordance with the law of Vietnam.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">-To conduct activities
being the purchase and sale of goods and other commercial activities consistent
with its license for establishment in accordance with the law of Vietnam and
any international treaty to which the Socialist Republic of Vietnam is a
member.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><b><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">2.
Requested Conditions to Set Up a Branch Office in Vietnam</span></b><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">An unfamiliar organization
which has viability business exercises will be permitted to open branch office
in Vietnam in the event that this organization has genuine interest to open the
market in Vietnam and meet a few circumstances as underneath:</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">-Being a trader
recognized by the law of the country where it has been lawfully established or
made its business registration;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">-Having been operating
for at least five years after its lawful establishment or business
registration.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><b><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">3.
Issuance the Certificate of Branch:</span></b><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">The Department of Industry
and Trade Department will carry out the issuance of the Certificate of Branch
once the foreign company satisfies all Vietnam legal requirements.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">The responsible period
will be inside 20 working-days after the date of presenting the full
substantial records as mentioned.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-50143715561456670022023-04-12T03:10:00.005-07:002023-04-12T03:10:34.257-07:00What to Know about Business Registration Certificate in Vietnam<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">What
to </span><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">K</span><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">now about </span><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">B</span><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">usiness </span><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">R</span><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">egistration </span><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">C</span><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">ertificate in Vietnam?</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">A company's business registration certificate, which can
be printed on paper or electronically and contains information about the
company's registration with the Business Registration Authority, is regarded as
a legal document.</span></p>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh4P58nJXeUZ02w4h4cGpLWzIfFJxIdf2ktmsWBk_qajMPS1E5Kpn-Q76PVjygRtcinm0GAv2qbny1rwfKfPiEmPM1RjTDy9PPYgfTVOAHl7f40BgN_k-oTr6g0cxU6GIt8Kg4UhTLL6UNSOHhc_Z73j0Y5U3iOHlQO61Zbq_ARHgE6gAIS4OMYjawEmA/s1200/Business-registration-certificate-in-Vietnam-6%20(2).jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="732" data-original-width="1200" height="390" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh4P58nJXeUZ02w4h4cGpLWzIfFJxIdf2ktmsWBk_qajMPS1E5Kpn-Q76PVjygRtcinm0GAv2qbny1rwfKfPiEmPM1RjTDy9PPYgfTVOAHl7f40BgN_k-oTr6g0cxU6GIt8Kg4UhTLL6UNSOHhc_Z73j0Y5U3iOHlQO61Zbq_ARHgE6gAIS4OMYjawEmA/w640-h390/Business-registration-certificate-in-Vietnam-6%20(2).jpg" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Times New Roman",serif; font-size: 12pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">The principal contents
of a <a href="https://antlawyers.vn/library/what-is-business-registration-certificate-in-vietnam.html" target="_blank"><span style="color: #468db5;">business registration certificate
in Vietnam</span></a> must comply with the provisions of the Law on
Enterprises: Name and number of the company; Address of the company's principal
place of business; For the legal representative of limited liability companies
and joint stock companies, full name, contact address, nationality, and number
of legal documents; for a partnership company's general partners; for
proprietors of private businesses. Name, contact information, nationality, and the
number of legal documents held by the member, if any; for limited liability
companies, the member's name, enterprise identification number, and head office
address; Sanction capital for organizations, speculation capital for private
endeavors.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">Which means that the company's name must be a Vietnamese
name with two parts: the kind of business and the proper name. Currently, four
types of businesses are recognized in Vietnam: partnerships, limited liability
companies, joint stock companies, and private businesses The Vietnamese letters
F, J, Z, and W, as well as numbers and symbols, can be used to write the
company's proper name. The National Information System on Business Registration
created a series of numbers that are recorded on the Certificate of Business
Registration. These numbers are given to a company when it is first established
and are included in the enterprise code element. There is only one code that is
unique to each business, and that code will not be used by other businesses.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">The Vietnam Business Registration Office, the postal
service, or the electronic information network are all options for completing
the business registration process. The founder of the business must apply
through the National Enterprise Registration Portal if they choose electronic
information network registration. Electronic business registration documents
have the same legal weight as paper business registration documents and will be
presented.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;">Within three working days of receiving the application,
the business registration agency is responsible for validating the enterprise
registration dossier and issuing the business registration certificate. The
company's founder must be informed in writing by the business registration
agency of any content that needs to be amended or added if the application is
inadequate or not prepared in accordance with the regulations. The founder of
the business must be informed in writing and given specific reasons by the
business registration authority if it declines to register the business. The
business could make its own submissions or hire business lawyers in <a href="https://antlawyers.vn/" target="_blank"><span style="color: #468db5;">law
firm in Vietnam</span></a> to help with them.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman"; mso-font-kerning: 0pt; mso-ligatures: none;"><o:p></o:p></span></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-14061210690636201902023-04-06T20:51:00.004-07:002023-04-06T20:51:30.640-07:00How has streamlined the registration procedures for business in Vietnam in 2023?<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">How
has streamlined the registration procedures for business in Vietnam in 2023?</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">By the end of 2019, more
than 30,000 FDI projects with a registered capital of approximately 362 billion
USD had chosen Vietnam as their investment destination. As a result of
Vietnam's recent focus on the private sector, foreign investors are flocking to
the country's market.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhVnDPJemBWklw4X-Od52XXhY35I8LP9AZ6Tk-A1jNK-qk61BUNtsbQFH3qiqjSWP7iQUBlCBgKXOk-a3yUWd0GEk-wYqR0CDmlJmpDNl820DNoDr2t4tg4dLFA1S1hO5A_S3xU2J9Sz3JolBkf1fBpjJv_ZPp0SHlGGMuEm2ug_-xlIsneR-fWSFm9Iw/s1200/Register-business-in-Vietnam-4%20(2).jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="801" data-original-width="1200" height="428" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhVnDPJemBWklw4X-Od52XXhY35I8LP9AZ6Tk-A1jNK-qk61BUNtsbQFH3qiqjSWP7iQUBlCBgKXOk-a3yUWd0GEk-wYqR0CDmlJmpDNl820DNoDr2t4tg4dLFA1S1hO5A_S3xU2J9Sz3JolBkf1fBpjJv_ZPp0SHlGGMuEm2ug_-xlIsneR-fWSFm9Iw/w640-h428/Register-business-in-Vietnam-4%20(2).jpg" width="640" /></a></div><p align="center" class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 0cm; text-align: center;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">How
Vietnam Has Streamlined Procedures to <a href="https://antlawyers.vn/library/procedures-to-register-business-in-vietnam.html" target="_blank"><span style="color: #468db5;">Register Business in Vietnam</span></a>?</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">Vietnam's participation
in various free trade agreements has provided a strong impetus for foreign
investors from developed nations to take their first steps in Vietnam. The
country has established diplomatic ties with nearly 190 nations worldwide and
signed approximately 15 Free Trade Agreements with important trading partners.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">Investors must submit an
application for the Investment Registration Certificate in order to register a
business in Vietnam. The investor must then apply for an Enterprise
Registration Certificate after receiving the Investment Registration
Certificate.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">Investors must first
select a business name that is not identical to or confusingly similar to the
name of another business that is already registered in the National Database of
Business Registration on a national scale. This does not apply to business that
have been dissolved or that have had effective court decisions declaring them
bankrupt.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">The investors or
authorized person must then prepare a comprehensive set of application dossiers
in accordance with the law and submit them to the Business Registration Office
where the planned head office will be located. Based on the appointment date on
the receipt, the Business Registration Office will verify the validity of the
application dossier. Investors or authorized individuals can either go to the
Business Registration Office to receive the application results or register to
receive them by mail. After receiving the valid dossier, the deadline for considering
and processing it is three working days.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><b><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">The investor will be
granted an Enterprise Registration Certificate when fully meeting the following
conditions:</span></b><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">-The registered business
lines are not in the prohibited business sectors;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">-The business’s name is
set in accordance with the provisions of law;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">-Having a head office as
prescribed by law;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">-Having a valid <a href="https://antlawyers.vn/library/what-is-business-registration-certificate-in-vietnam.html" target="_blank"><span style="color: #468db5;">business registration</span></a> dossier
as prescribed by law;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">-Fully paying the
enterprise registration fee as prescribed by law</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">Investors have increased
their faith in Vietnam's business and investment climate over time. The
socio-political and macroeconomic steadiness are conspicuous highlights for the
development of Vietnam's business potential. The Vietnam not set in stone to
work on the cycle for speculation application. As a result, Vietnam is and will
continue to be an appealing location for investment as well as a promising
location for foreign investors to apply for an investment registration
certificate and register a business when compared to other countries in the
region that are neighboring Vietnam.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">ANT Lawyers is a <a href="https://antlawyers.vn/" target="_blank"><span style="color: #468db5;">law
firm in Vietnam</span></a> that will always contact the authorities to
obtain legal updates on issues pertaining to the registration of investments or
the establishment of business in Vietnam.</span><span lang="VI" style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"> </span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-10360894123422236982023-04-04T20:11:00.007-07:002023-04-04T20:11:59.641-07:00How do I establish company in Vietnam?<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">How do </span><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">I establish company</span><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";"> in Vietnam?</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">To establish a limited liability company, joint stock company or
partnership company in Vietnam, foreign investors may invest 100 percent of
their capital.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiUhSpKfvtAP0Rp1f3R7CS9lWdD157yjSJ3IovyhNcHvtHoHPsnaNwiShuQEKN2Vfk2mmbgbyNMaqb7lG2vLK0axf6HD0q6DBu3PurUpmKiMLSddq-ECaHOry5sYdykNT2BX4VgoJUsfqSc3N-JiT2hKHc_0n4e185DQLLaWHCCF5IZE3iF5OrSLXVGIA/s1200/establish-company-in-Vietnam-5%20(2).jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="762" data-original-width="1200" height="406" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiUhSpKfvtAP0Rp1f3R7CS9lWdD157yjSJ3IovyhNcHvtHoHPsnaNwiShuQEKN2Vfk2mmbgbyNMaqb7lG2vLK0axf6HD0q6DBu3PurUpmKiMLSddq-ECaHOry5sYdykNT2BX4VgoJUsfqSc3N-JiT2hKHc_0n4e185DQLLaWHCCF5IZE3iF5OrSLXVGIA/w640-h406/establish-company-in-Vietnam-5%20(2).jpg" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">To receive investment registration certificates, first-time
foreign investors in Vietnam must have investment projects and complete
investment registration or examination procedures at state investment
agencies. <a href="https://antlawyers.vn/library/what-is-business-registration-certificate-in-vietnam.html" target="_blank"><span style="color: #468db5;">Business registration certificates</span></a> and
investment certificates must be issued simultaneously. Since the investment
certificate was issued, a company with entirely foreign capital has been in
existence.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">A project dossier
to <a href="https://antlawyers.vn/library/establish-company-in-vietnam.html" target="_blank"><span style="color: #468db5;">establish company in Vietnam</span></a> shall
comprise:</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">-Registration/Request for
issuance of Investment Certificate;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">-A report on financial
capability of the investor;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">-Draft of the company’s
charter;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">-List of members of
company;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">-Copy of the people’s
identity card, passport or other lawful personal certification, for individual
members;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">-Copy of the
establishment decision, business registration certificate or other equivalent
document, for member organizations;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">-Copies of the authorization
document, the people’s identity card, passport or other lawful personal
certification, for authorized representatives.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">-Copies of the business
registration certificates of the foreign member organizations must be
authenticated within three months before the date of submission of the business
registration dossier by agencies where such organizations are registered;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">-Written authorization of
the investor in case investor is organization and valid copy of the lawful
personal certification of the authorized representative. Documents in foreign
languages must be translated into Vietnamese, notarized and legalized;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">-The joint-venture
contract or Business Cooperation Contract (BCC);</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">-Other documents required
by Vietnam law.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><a href="https://antlawyers.vn/library/how-to-start-a-business-in-vietnam.html" target="_blank"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt;">S</span><span lang="VI" style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI;">tarting a business</span><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt;"> in
Vietnam</span></a></span><span lang="VI" style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";"> would take anywhere from 30 days. The additional
time may be required on the off chance that the venture region is contingent or
the State government necessities to look at the speculation project. In some
investment projects, minimum capital, special licenses, or other conditions may
be required.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">ANT Lawyers would like to
assist you in establishing a business in Vietnam. We have staffs that are
highly skilled and have a lot of experience with foreign investment.</span><span lang="VI" style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"> </span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-17579942504580618232023-04-02T11:03:00.003-07:002023-04-02T11:03:51.841-07:00How to Establish a Business in Vietnam<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">How
to Establish a Business in Vietnam?</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">Lately, Vietnam has
turned into an appealing objective for unfamiliar speculation because of its
benefits of safety, political soundness, and great geological situation to
exchange with the world. This serves as both the gateway to the economies in
the western Indochina Peninsula and the region's connection hub. In addition,
in order to make it easier for foreign investors to begin <a href="https://www.antlawyers.com/en/update/what-factors-that-make-doing-business-in-vietnam-attractive/" target="_blank"><span style="color: #468db5;">doing business in Vietnam</span></a>,
the government of Vietnam has been increasingly implementing more preferential
policies.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZF6M7oph6XB1uxhS7bdhK6AvhfaYY8afMM5w0AmpxN27T9CP1Kz3yXVqUERZnFMnH_fKPGSSWQUv7DUsWIdh-ppjuwgfSpj4TU_oDsk2mp1iA0JMENFkhk-oxvl9oTDtowwcRHPSkgCAVhbCrdKUlU-b0BNd3-wq5iLRq8kIN3xO6Rq9C7DGVh6FBfA/s1200/Start-a-business-in-Vietnam%20(3).jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="700" data-original-width="1200" height="374" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZF6M7oph6XB1uxhS7bdhK6AvhfaYY8afMM5w0AmpxN27T9CP1Kz3yXVqUERZnFMnH_fKPGSSWQUv7DUsWIdh-ppjuwgfSpj4TU_oDsk2mp1iA0JMENFkhk-oxvl9oTDtowwcRHPSkgCAVhbCrdKUlU-b0BNd3-wq5iLRq8kIN3xO6Rq9C7DGVh6FBfA/w640-h374/Start-a-business-in-Vietnam%20(3).jpg" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">Investors in Vietnam must
first select an appropriate type of business based on the number of capital
contributors, amount of capital contributed, and purse size before <a href="https://antlawyers.vn/library/how-to-start-a-business-in-vietnam.html" target="_blank"><span style="color: #468db5;">starting a business</span></a></span><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";"><a href="https://antlawyers.vn/library/how-to-start-a-business-in-vietnam.html" target="_blank"><span style="color: #468db5;"> in Vietnam</span></a></span><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">. Foreign individuals and
organizations are permitted to establish a limited liability company, joint
stock company, partnership, or private enterprise under Vietnam law.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">The business line is the
next issue to take into consideration. The company must register the
appropriate business lines related to business activities in order to continue
operating. On the off chance that the chose line of business doesn't need
conditions, the venture can go into activity after the foundation of the
organization. The majority of businesses would engage in this non-conditional
business activity. However, if the investor selects a conditional business
line, the company must first meet the necessary requirements, submit an
application for a business license in accordance with the requirements, and
then begin operations. This is regarded as a conditional investment area, with
restrictions such as a license requirement, minimum charter capital, and
foreign ownership ratio...</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">Investors must also
select a location for their business that is legally permissible for business
operations. The address of the business must be on Vietnam's territory and meet
the requirements of the business's purpose, such as not being in a dormitory or
apartment building solely for living; The factory must be in the right area for
business...</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">Newly established
businesses must have their own proper name, which cannot be the same as or
similar to a business that has already been registered in order to serve the
management of the state and facilitate business activities. When naming an
organization, businesses are not permitted to use the names of functional
agencies or state management agencies. The proper name and type of business
must be included in the business's name. Businesses can use abbreviations or
English names to avoid competing with other businesses. However, they must
ensure that the company name does not create confusion by not including any
cultural symbols, prefixes, or suffixes.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">In Vietnam, investors
must apply for an Investment Registration Certificate at an appropriate
authority. All projects wishing to establish a new legal entity in Vietnam must
go through this procedure. Depending on the project, an investment certificate
application takes about 30 days to process. Foreign individuals and businesses
must prepare an application for an Enterprise Registration Certificate at the
Department of Planning and Investment within seven days of receiving an
Investment Registration Certificate. The enterprise now possesses legal
status in accordance with the provisions of the Vietnam Law on Enterprises.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">The company could perform
monthly compliance services on its own or with the assistance of professionals,
such as submitting foreign labor reports, investment reports, tax reports, and
health and insurance reports to authorities in order to avoid penalties from
the start.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">ANT Lawyers is a <a href="https://antlawyers.vn/" target="_blank"><span style="color: #468db5;">law
firm in Vietnam</span></a> that will always contact the authorities to
obtain legal updates on issues pertaining to investment registration or
conducting business in Vietnam.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-29159834978762541642023-03-28T23:42:00.002-07:002023-03-28T23:42:18.465-07:00How Do I Get a Business Registration Certificate in Vietnam?<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">How do I Get a Business
Registration Certificate in Vietnam?</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">Each association and
individual wishing to set up an unfamiliar claimed organization in Vietnam will
have to meet a few particulars conditions as declared under the Law on Venture
and Regulation on Big business. The investor will also need to check with
the law governing the investment area in certain areas that are being
considered as conditional investments. The investor must submit an application
for business registration once the investment registration certificate is
completed.</span></p>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEidlnFE_RhHlSGFRLoyi1-_KkfSaNBMjWF88LI7Wjspb-Wkv9I8Z3Arf13cS_IRlpWXh_Q4uVwGvSJWO-qYACTRNowueJrMTT5p9hAZiEdLwMlLAMME11AEOrN-8eDaTD-zaO2f_xXVmNezDZUc2oJtxlmaxr8Ygt46vSfzNJNNU146PIf9XqF7FLTSiA/s1200/Business-Registration-Certificate-in-Vietnam-4%20(2).jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="800" data-original-width="1200" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEidlnFE_RhHlSGFRLoyi1-_KkfSaNBMjWF88LI7Wjspb-Wkv9I8Z3Arf13cS_IRlpWXh_Q4uVwGvSJWO-qYACTRNowueJrMTT5p9hAZiEdLwMlLAMME11AEOrN-8eDaTD-zaO2f_xXVmNezDZUc2oJtxlmaxr8Ygt46vSfzNJNNU146PIf9XqF7FLTSiA/w640-h426/Business-Registration-Certificate-in-Vietnam-4%20(2).jpg" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Times New Roman",serif; font-size: 12pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">The following is a
description of the procedure for applying for a certificate of enterprise
registration for a limited liability company or joint stock company with two or
more members:</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><b><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">Dossiers:</span></b><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">i) Application form for
enterprise registration</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">ii) The company’s
charter.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">iii) A list of founding
shareholders and shareholders being foreign investors/ a list of capital
contribution members.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">iv) Valid copies of:</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">C</span><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">opies
of the ID cards or other forms of identification for individuals who are
founding shareholders and foreign investors or members; list of organizations
that are authorized representatives of foreign shareholders.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">The decision to establish
the organization, the <a href="https://antlawyers.vn/update/how-to-obtain-business-registration-certificate-in-vietnam.html" target="_blank"><span style="color: #468db5;">business registration certificate</span></a></span><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">, or another similar document, along with the
authorization letter; the identification cards or other forms of identification
used by organizations' authorized representatives, such as founding
shareholders and foreign investors.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">A copy of the certificate
of business registration or an equivalent document must be notarized,
legalized, and authenticated if the shareholders are foreign organizations.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">The foreign investors'
Certificate of Investment registration, as required by the Investment Law.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><b><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">State Authority:</span></b><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";"> Business
registration office of the province where the enterprise’s headquarters is
situated.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><b><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">Period: </span></b><span lang="VI" style="color: #111111; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">within 03 working days
from the full receipt of the dossiers</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><b><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">Result:</span></b><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";"> Business enrollment
office will give the authentication of big business enlistment or on the other
hand on the off chance that the application isn't palatable, business
enrollment office will advise the candidate regarding important corrections and
supplementation to organization.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">The government of Vietnam
generally supports direct foreign investment. In the event that the financial
backer countenances difficulties at state authority, whom don't give notice or
solicitation of supplementation to the application for big business enrollment,
the financial backer virus hold up a grievance as endorsed by guidelines of
regulation on protests and reprimand to the state power to safeguard its right
in carrying on with work and interest in Vietnam. The investor could benefit
from the assistance of a <a href="https://antlawyers.vn/" target="_blank"><span style="color: #468db5;">law firm</span></a></span><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";"><a href="https://antlawyers.vn/" target="_blank"><span style="color: #468db5;"> in Vietnam</span></a> </span><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">with expertise in both
business registration </span><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">certificate </span><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">and dispute resolution.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span lang="VI" style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-ansi-language: VI; mso-fareast-font-family: "Times New Roman";">The venture is qualified
for carry on with work from the issuance date of the endorsement of big business
enlistment. Businesses are permitted to participate in conditional business
lines if they meet all requirements and are able to maintain compliance with
those requirements throughout their operations.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-46385318485361780302023-03-21T17:28:00.006-07:002023-03-21T17:29:03.875-07:00Cancellation Against of Trademark<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">Cancellation
Against of Trademark in Vietnam</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">It typically takes a significant amount of time and effort on
the part of your business to win customers' confidence in your products and
trademark. However, if there is another trademark for the same goods that is
identical to yours, it will likely cause customers to make mistakes or become
confused, resulting in a number of negative effects for your business,
including a decrease in sales, a loss of reputation, and the ability to
distinguish yourself.</span></p>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhy95ETygznbTFNcXGuY0afg4-deDBZ1PASvdqbjW_fFgjRNU78HAx-O4CNquJ6JnYJWtA4MjWjW8Kb99-umMgtZ7BeHH9nR-UKir2AiBhTexlSWAzWoV7X5cUaDm_LHA-NAwgDlcJVF8Y90uJnXG4ptC6fdcS5MwNr8vzmC5nTOLdTiCuupFZUCIX3hA/s1200/Cancellation-against-of-trademark-in-Vietnam-6%20(4).jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="700" data-original-width="1200" height="374" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhy95ETygznbTFNcXGuY0afg4-deDBZ1PASvdqbjW_fFgjRNU78HAx-O4CNquJ6JnYJWtA4MjWjW8Kb99-umMgtZ7BeHH9nR-UKir2AiBhTexlSWAzWoV7X5cUaDm_LHA-NAwgDlcJVF8Y90uJnXG4ptC6fdcS5MwNr8vzmC5nTOLdTiCuupFZUCIX3hA/w640-h374/Cancellation-against-of-trademark-in-Vietnam-6%20(4).jpg" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Times New Roman",serif; font-size: 12pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">In fact, after partnering with domestic businesses to distribute
or sell goods, many international businesses discover that their trademarks are
stolen by partners who register their trademarks for intellectual property
protection in national offices. It is simple for trademark thieves to steal
trademarks because each nation protects trademarks differently.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">You should ask the Vietnam Intellectual Property Authority to
cancel the trademark that was used in violation of your rights and benefits.
ANT Lawyers would like to assist you in canceling against a trademark in
Vietnam in the following ways because they have excellent IP experience in
Vietnam and a highly professional staff.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><b><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">Cancellation against of trademark in Vietnam</span></b><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">A certificate of trademark registration may be revoked entirely
or partially at the request of a third party in accordance with Article 96 of
the IP Law of Vietnam.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">In the specified circumstances, the applicant may submit a
written request to the National Office of Intellectual Property (NOIP) to
cancel protection titles subject to payment of fees and charges.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><b><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">Period for filling cancellation request</span></b><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">To request </span><span style="color: black; mso-color-alt: windowtext;"><a href="https://antlawyers.vn/library/cancellation-against-of-trademark-in-vietnam.html" target="_blank"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">cancellation against of
trademark in Vietnam</span></a></span><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";"> due
to the Applicant’s bad faith: the period for lodging such a request is the
whole term of a Protection Title.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">To request cancellation against of trademark in
Vietnam due to other legal reasons: the period for lodging such a request
is within 5 years as from the granting date.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><b><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">The case for cancellation against of trademark
in Vietnam</span></b><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">Any third party may request that a certificate of trademark
registration be revoked entirely or partially in the following circumstances:</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">The registration applicant does not possess the right to
register an invention, industrial design, layout-design, or mark, nor has this
right been granted to them;</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">At the time the protection title is granted, the subject matter
of industrial property does not meet the protection conditions.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><b><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">Required documents</span></b><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">Proofs (if any);</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">Power of attorney;</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">Written justification of the request, including relevant
documents and clearly stating the protection title's serial number, reason, and
contents for terminating or canceling a portion or the entire protection title.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><b><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">Time and procedures for cancellation against
of trademark in Vietnam</span></b><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">In the event that a third party makes a request to have
their </span><span style="color: black; mso-color-alt: windowtext;"><a href="https://antlawyers.vn/library/trademark-protection-in-vietnam.html" target="_blank"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">trademark protection</span></a></span><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";"> title revoked, the NOIP is required to
provide the protection title holder with written notice of the third party's
opinions and set a response deadline of two months from the date of
notification.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">The NOIP must decide whether to cancel all or a portion of the
protection title or notify the parties of its refusal to cancel the trademark
protection title after taking the opinions of the parties into consideration.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">The requester or a party involved may file a complaint regarding
the decision or the relevant notice if they disagree with the NOIP's handling
of the request for cancellation of the trademark protection title</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">Within two months of its signing, a decision to cancel a
trademark protection title must be published in the Industrial Property
Official Gazette and added to the National Register of Industrial Property.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">ANT Lawyers - </span><span style="color: black; mso-color-alt: windowtext;"><a href="https://antlawyers.vn/area-of-expertise/intellectual-property" target="_blank"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">IP Services in Vietnam</span></a></span><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";"> firm that regularly informs clients of
legal developments pertaining to trademarks by following up with authorities.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-1782563783372370692023-02-16T18:15:00.003-08:002023-02-16T18:15:49.591-08:00How Vietnam Has Simplified Procedures to Register Business in Vietnam?<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="background: white; color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">By the end of 2019, there have been more than
30,000 FDI projects choosing Vietnam for investment, with a total registered
capital of about 362 billion USD. Recently, business propensity of Vietnam is
highly concentrated on the private sector, attracting foreign investors to the
Vietnam market.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEizvoAFu6l8SDBrGVmec-XIuh_GujDULlEjqamPEvaMHYQkRbwKzpJZPyw30r7BIy0CPPW40bP7V_6kcTE118cN9ocrWFQfkAU4_zzUGzj9Rsp-knYRmJSMoRQbGOPx_1XNoKHagiaR08SdKBcfIJyr07bjJ_TwhWd0wUGJpdmpw4Uqxem0WM_r5YDInA/s1200/Register-business-in-Vietnam-2%20(2).jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="773" data-original-width="1200" height="412" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEizvoAFu6l8SDBrGVmec-XIuh_GujDULlEjqamPEvaMHYQkRbwKzpJZPyw30r7BIy0CPPW40bP7V_6kcTE118cN9ocrWFQfkAU4_zzUGzj9Rsp-knYRmJSMoRQbGOPx_1XNoKHagiaR08SdKBcfIJyr07bjJ_TwhWd0wUGJpdmpw4Uqxem0WM_r5YDInA/w640-h412/Register-business-in-Vietnam-2%20(2).jpg" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">As Vietnam has built diplomatic relationship with nearly 190
countries around the world and signed about 15 Free Trade Agreements with
important trading partners, Vietnam’s participation in various free trade
agreements has created a strong impetus for foreign investors from developed
countries to set their first steps in the Vietnam.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">To be able to <a href="https://antlawyers.vn/library/procedures-to-register-business-in-vietnam.html" target="_blank"><span style="color: #468db5;">register a business in Vietnam</span></a>,
investors need to carry out procedures to apply for the Investment Registration
Certificate. After being granted the Investment Registration Certificate, the
investor shall then apply for Enterprise Registration Certificate.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">To carry out the process of applying for the Enterprise
Registration Certificate, firstly, the investors need to choose a name for the
business, which must not be identical or confusing to the name of another
business already registered in the National Database of Business Registration
on a national scale, except for businesses that have been dissolved or have had
effective court decisions declaring businesses bankrupt.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">After that, the investors or the authorized person need to prepare
a complete set of application dossiers in accordance with the law and submit it
at the Business Registration Office where the head office is planned to be
located. The Business Registration Office will check the validity of the
application dossier, based on the appointment date on the Receipt, the
investors or the authorized person can go to the Business Registration Office
to receive the results of the application or Register to receive results by
post. The time limit for considering and handling the dossier is 03 working
days from the date of receiving the valid dossier.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><b><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">The investor will be granted an Enterprise
Registration Certificate when fully meeting the following conditions:</span></b><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">-The registered business lines are not in the prohibited business
sectors;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">-The business’s name is set in accordance with the provisions of
law;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">-Having a head office as prescribed by law;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">-Having a valid business registration dossier as prescribed by
law;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">-Fully paying the enterprise registration fee as prescribed by law</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">Over the years, investors have built confidence in the Vietnam’s
business and investment environment. The socio-political and macroeconomic
stability are prominent features for the growth of Vietnam’s business
potential. The Vietnam government has determined to simplify the process
for investment application. Hence, Vietnam is and will continue to be an
attractive investment location, a promising destination for foreign investors
for applying for investment registration certificate and register a business in
Vietnam compared with other neighboring countries in the region.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">ANT Lawyers – a <a href="https://antlawyers.vn/" target="_blank"><span style="color: #d12323;">law firm in Vietnam</span></a> will
always follow up with authorities for legal update on matters relevant to
investment registration or business setting-up in Vietnam.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto;"><b><span style="background: #F3F3F3; color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">Source ANTLawyers</span></b><span style="background: #F3F3F3; color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">: https://antlawyers.vn/library/procedures-to-register-business-in-vietnam.html</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-22482386107901468942023-02-13T18:01:00.004-08:002023-02-13T18:01:28.940-08:00What Are the Advantage of Foreign Investors in Setting up Business in Vietnam in 2023?<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto;"><span style="background: white; color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">What Are the Advantage of Foreign Investors in Setting up
Business in Vietnam in 2023?</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">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 <a href="https://antlawyers.vn/library/what-are-the-advantage-of-foreign-investors-in-setting-up-business-in-vietnam.html" target="_blank"><span style="color: #468db5;">setting up business in Vietnam</span></a>,
investors can enjoy financial advantage such as corporate income tax, import
and export tax and land finance incentives.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhGZ7peVSkwMVcmGC8swvot7q4J_Uo5zYiKZZL-aJsKVZxpqI5a9oUlMp65p4KhzjiCYqNoEYfa-1ugeDmtoiSMCmPz-I7zHtH-1ZZ4unvhaVzezNkqw3fVfqJPHLKhWb6Mu05V0w57Paq-aRBPo_GdOqGo8YrHiNyfLVqrw43AAyWqw0AIXwrvHkEqPA/s1200/Setting-up-business-in-Vietnam.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="726" data-original-width="1200" height="388" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhGZ7peVSkwMVcmGC8swvot7q4J_Uo5zYiKZZL-aJsKVZxpqI5a9oUlMp65p4KhzjiCYqNoEYfa-1ugeDmtoiSMCmPz-I7zHtH-1ZZ4unvhaVzezNkqw3fVfqJPHLKhWb6Mu05V0w57Paq-aRBPo_GdOqGo8YrHiNyfLVqrw43AAyWqw0AIXwrvHkEqPA/w640-h388/Setting-up-business-in-Vietnam.jpg" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">Incentives on corporate income tax: In recent years, Vietnam has
gradually reduced the corporate tax rate (CIT). In the 2004-2008 period, CIT
was 28%, in the 2009-2013 period it was 25%, from 2014 to 2015, 22% and from
January 1, 2016 until now, 20%. In addition, the provision of high corporate
income tax incentives for a number of key fields that need to be encouraged for
investment has contributed to attracting investment, encouraging business,
creating favorable conditions for enterprises to increase accumulation,
increase investment in the economy, and promote growth, hence promoting
investors in <a href="https://antlawyers.vn/library/10-questions-to-ask-before-setting-up-company-in-vietnam.html" target="_blank"><span style="color: #d12323;">setting up company in Vietnam</span></a>.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">Import and export tax incentives: The 2016 Import and Export Tax
Law has added regulations that high-tech enterprises, science-technology
enterprises, science-technology organizations are exempted from import tax on
raw materials, materials and components that cannot be produced domestically
within 5 years from the date of commencement of production. There are also
import and export tax incentives being applied such as:</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">(i) Exemption from import tax for goods imported for processing
for foreign countries and when exporting and returning products to foreign
parties, they are exempt from export tax;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">(ii) Goods imported for processing that are exempted from tax,
goods temporarily imported for re-export and goods being raw materials and
supplies in service of the production of exported goods can be extended the tax
payment time to 275 days from the date of filing the customs declaration; goods
temporarily imported for re-export may be extended the tax payment time to 15
days from the expiration date;</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">(iii) Exemption from import tax on goods to create fixed assets
for investment projects in areas of special investment encouragement,
investment promotion fields and investment projects in the locality have
difficult socio-economic conditions.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">Incentives on land finance: Foreign enterprises investing in
Vietnam can be applied adjusted reduce rate (%) calculating the general land
rent from 1.5% to 1%. In addition, the State also stipulates the application of
the land price adjustment coefficient in determining the land price to
calculate the land rent, therefore, making Vietnam increasingly becoming a
favourable destination to attract foreign investment and company establishment
in Southeast Asia.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">In addition, the development of a transparent and consistent
investment legal system is increasingly becoming a good tool to promote foreign
direct investment inflows into Vietnam in the spirit of the state ensuring the
rights of the investors’ ownership, investment capital and other interests of
foreign organizations and individuals, creating favorable conditions and
simplifying procedures for such organizations and individuals to invest in
Vietnam. Compared with the foreign investment laws of some countries in the
region, the law on foreign investment in Vietnam is considered by the
international public to be more open and attractive, for example applying the
form of 100% foreign capital ownership, administrative procedures are
simplified, non-discriminatory between Vietnamese enterprises and
foreign-invested enterprises. The law has been transforming in the direction of
considering investment and business as the matters of enterprises and
investors, which the investors have full authority to make decisions from
investment projects to the formation and business of the enterprise and that
the government only guides, creates an open legal environment, has favorable
mechanisms and procedures, supervises and enforce the law.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto; text-align: justify;"><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">ANT Lawyers – a <a href="https://antlawyers.vn/" target="_blank"><span style="color: #d12323;">law firm in Vietnam</span></a> will
always follow up with authorities for legal update on matters relevant to
investment registration or business setting-up in Vietnam.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; margin-bottom: 16.8pt; mso-margin-top-alt: auto;"><b><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">Source ANT Lawyers</span></b><span style="color: black; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">: https://antlawyers.vn/library/what-are-the-advantage-of-foreign-investors-in-setting-up-business-in-vietnam.html</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-2349288238434578562023-02-10T00:19:00.003-08:002023-02-10T00:19:24.071-08:00How to protect your trademark in Vietnam?<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">How
to protect your trademark in Vietnam?</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">In Vietnam, trademark registration is the first step in
obtaining trademark protection. A trademark opposition may be filed to prevent
a mark application that is pending from being granted. Litigation is the last
option for resolving disputes involving <a href="https://antlawyers.vn/library/trademark-protection-in-vietnam.html" target="_blank"><span style="color: #468db5;">trademark protection in Vietnam</span></a>.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhFqhRWEbl56TgT3rnTT4m9FSaI3DYR3Rmvy3Pq4amUmjcelBcV-st_V7oAkJU4n3oitglzIrX8yd0Z3UnGP-20kz-oKFP_Uo_iRQGAdpB4dbH2CtBwIWTRZ0e9EXYevg_YcjGLEFOnUAzhgCGrb3my6jFBRaenNZ8bZFWuQCVJoztUbGbAQC5Dh67wWQ/s1200/Trademark-protection-in-Vietnam-6%20(2).jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="606" data-original-width="1200" height="324" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhFqhRWEbl56TgT3rnTT4m9FSaI3DYR3Rmvy3Pq4amUmjcelBcV-st_V7oAkJU4n3oitglzIrX8yd0Z3UnGP-20kz-oKFP_Uo_iRQGAdpB4dbH2CtBwIWTRZ0e9EXYevg_YcjGLEFOnUAzhgCGrb3my6jFBRaenNZ8bZFWuQCVJoztUbGbAQC5Dh67wWQ/w640-h324/Trademark-protection-in-Vietnam-6%20(2).jpg" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">A trademark is a sign that helps separate one company's goods or
services from those of others. Products and services trademarks play a crucial
role in the expansion of the business, alongside patents and industrial
designs. A trademark connects a business and its clientele. Customers will be
more likely to use goods or services if the trademark is strong. The infringement
of a trademark is inevitable when the trademark is well-known and has
significant economic benefits from the sale of goods or services.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">The owner of a trademark has two options for registration:
either directly <a href="https://antlawyers.vn/area-of-expertise/intellectual-property/trademark" target="_blank"><span style="color: #468db5;">register a trademark in Vietnam</span></a> by
filling out a registration application with the Vietnam NOIP, or use Madrid's
system to seek protection in Vietnam. In accordance with Vietnam's intellectual
property law, the trademark owner must prepare, apply for registration, and pay
a fee for the first option. If a trademark needs to be protected in multiple
countries, such as Vietnam, the owner can register it using Madrid's system.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">The trademark owner must assess the degree of infringement and
damage in each location where a trademark violation occurs in order to select
appropriate solutions. In the beginning, the owner of a trademark may protect
themselves by requiring the trademark violator to stop their violations,
apologise, and make amends. Owners of trademarks have the right to seek
compensation in the event of damage. If negotiations or mediation fail, the
trademark owner can use a settlement mechanism or submit a denunciation
application to the Vietnam NOIP and ask the appropriate state agencies to
handle acts of infringement. Acts of infringement may necessitate litigation.
In general, civil litigation proceedings are more complex than arbitration
proceedings. Civil litigation takes precedence when the trademark owner
requires a court decision to end trademark infringement. In the remaining
cases, arbitration is the better option because it is less expensive, takes
less time to settle, and is more adaptable.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">The client company's competitive advantage is heavily reliant on
trademarks. Through trademark registration, oppositions, and other trademark
protection resolutions in Vietnam, ANT Lawyers' <a href="https://antlawyers.vn/area-of-expertise/intellectual-property" target="_blank"><span style="color: #468db5;">IP service in Vietnam</span></a> assists
you in securing protection for these priceless intellectual assets.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"> <o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-66159768438376807662023-02-08T09:05:00.004-08:002023-02-08T09:05:55.554-08:00How do labour disputes in Vietnam get resolved?<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto;"><span style="background: white; color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">How do labour disputes in Vietnam get resolved?</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">A <a href="https://antlawyers.vn/library/how-to-resolve-disputes-in-employment-in-vietnam.html" target="_blank"><span style="color: #468db5;">labour dispute</span></a> is a
disagreement between parties in an employment relationship regarding their
rights, responsibilities, and interests. Individual labour disputes between
employees and employers and collective labour disputes between employers and
labour collectives are examples of labour disputes. The measures and principles
of labour dispute resolution outlined in Chapter XIV of the Labour Code 2012
will be used by the competent agency, organization, or individual to settle any
labour dispute.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgLzpauW6CTTWsAeNWARMX12-VUqvf0sKP70pSAdqQluyy7BEg8yqMctpuiNB0bGFx6pc0zFc2P8O0ovUUQY7YxDr6dd8vLPNOjwKVIedVwtwnW8e7ZSd25-3osCU5IEWKfqsEBW_CZrwnBYlMK8f9LofH-IiCpbhqnLFmHSUKRC3-tqpeaAYWDFQ_T2w/s1200/Labour-Dispute-Law-Firm-in-Vietnam-10%20(2).jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="799" data-original-width="1200" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgLzpauW6CTTWsAeNWARMX12-VUqvf0sKP70pSAdqQluyy7BEg8yqMctpuiNB0bGFx6pc0zFc2P8O0ovUUQY7YxDr6dd8vLPNOjwKVIedVwtwnW8e7ZSd25-3osCU5IEWKfqsEBW_CZrwnBYlMK8f9LofH-IiCpbhqnLFmHSUKRC3-tqpeaAYWDFQ_T2w/w640-h426/Labour-Dispute-Law-Firm-in-Vietnam-10%20(2).jpg" width="640" /></a></div><p align="center" class="MsoNormal" style="line-height: 14.95pt; margin-bottom: 0cm; text-align: center;"><i><span style="background: white; color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">Labour
Dispute Law Firm in Vietnam</span></i><span style="background: white; color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p><p align="center" class="MsoNormal" style="line-height: 14.95pt; margin-bottom: 0cm; text-align: center;"><i><span style="background: white; color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";"><br /></span></i></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">The following are methods for settling labour disputes: </span><span style="color: black; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">negotiation, grassroots conciliation, settlement
of individuals and organizations competent to settle labour disputes.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">People's Court's labour conciliator is a person or organization
with the authority to settle individual labour disputes. conciliator of labour;
Chairman of the People's Committee in the district; Concerning labour rights
and conciliators, collective labour disputes can be settled by the People's
Court; Collective labour benefit disputes can be settled by the Labour Arbitration
Council.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">Negotiation is a method of resolving a dispute in which the
parties to a dispute deal directly with each other in order to reach an
agreement on the settlement of the dispute. In fact, this is the most widely
used solution. During the negotiation process, the parties will discuss issues
related to the dispute, and propose solutions to resolve that dispute. The
decision is made on the basis of agreement between the parties themselves and
is not the result of any external pressure.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">Conciliation is a strategy for resolving disputes involving
third parties; however, conciliators do not make decisions; rather, they only
support and direct the parties as they negotiate. Except for disputes regarding
disciplinary measures in the form of dismissal or disputes regarding the
unilateral termination of the labour contract, individual labour disputes must
go through the conciliation procedure of a labour conciliator before requesting
a court to settle them, as stated in Clause 1, Article 201 of the Labour Code
of 2012. benefits, damages, and compensation when a labour contract is
terminated; between employers and domestic helpers; on health insurance in
accordance with the law; on social insurance in accordance with the law; on
health insurance in accordance with the law on the payment of damages incurred
by labourers and businesses and other entities that contract labour abroad. The
labour conciliator is required to keep a record of the successful conciliation
if the two parties reach an agreement. On the other hand, if the parties are
unable to come to an agreement, the labour conciliator will propose a
conciliation plan for them to consider. If the parties accept the conciliation
plan, the labour conciliator will record that the conciliation was successful.
The labour conciliator is required to keep a record of the unsuccessful
conciliation if either of the parties rejects the plan for conciliation or if a
disputing party has been properly summoned twice but is still absent without a
reasonable explanation.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">When a request for resolving a collective labour dispute
regarding rights is made, the dispute resolution procedure that should be
followed is that of the Chairman of the district People's Committee. To
consider and resolve labour disputes dynamically, district-level People's
Committee chairpersons must base themselves on labour laws, collective labour
agreements, registered labour rules, and legal regulations and agreements.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">For collective labour benefit disputes, the competent authority
is the Labour Arbitration Council. There must be representatives from both
sides of the dispute at the Labour Arbitration Council meeting. It is the duty
of the Labour Arbitration Council to assist the parties in self-negotiation.
The Labour Arbitration Council must document the successful mediation and issue
a decision acknowledging the parties' agreement if the parties reach an
agreement or accept the mediation plan. The Labour Arbitration Council is
obligated to record a mediation that was unsuccessful and give the labour union
the right to initiate procedures for a strike within three days if the two
parties are unable to come to an agreement or if one of the disputing parties
has been summoned for a second time but has not shown up for any reason that
could be considered plausible.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">Individual labour disputes and collective labour disputes over
rights are resolved through trial, in which the Court issues a judgment or
decision to settle the case. After the dispute has been settled in other stages
without success, the most common method of resolving it is through litigation.
In accordance with the stringent guidelines laid out in the Civil Procedure
Code of 2015, a judicial body with special state power resolves labour disputes
at the Court. The fact that the court's decisions regarding labour disputes are
guaranteed to be enforced by state coercive measures is this method of dispute
resolution's greatest advantage.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13pt; mso-fareast-font-family: "Times New Roman";">When labour disputes arise, everyone involved emmployers, the
labour union, and employees should pay close attention to selecting the best
means of resolving them. For efficiency, it is also recommended to consult with
lawyers from a <a href="https://antlawyers.vn/area-of-expertise/employment" target="_blank"><span style="color: #468db5;">labour dispute law firm in Vietnam</span></a> that
specializes in employment law.</span><span face=""Arial",sans-serif" style="color: #555555; font-size: 9pt; mso-fareast-font-family: "Times New Roman";"> <o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0tag:blogger.com,1999:blog-647488007682879601.post-29465539967707360692023-02-07T17:51:00.002-08:002023-02-07T17:51:11.002-08:00Professional law firm in Vietnam<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">ANT Lawyers is a law firm in Vietnam with offices in Hanoi and
Ho Chi Minh City. We are a Vietnam-based law firm that is a part of Prae Legal,
a global network of 150 countries and five continents of law firms. We have
developed relationships with lawyers from all over the world as a result of
this network. ANT Lawyers are able to handle international cases involving
foreigners because of this collaboration.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhrww-E2kPzKFsX-YEPouKQrgri2jWKn7bKk4YIMjADqpxTwk-p5evdZ5JRKbKjILGfs1VRUaMPo7KcWGBvnTLhyzQAWOVhSWQpvxi3JGakOMqh-zXtkNZ7-1Np15x8TmXgvdqYdNwcA1Myuowy0sevxWSxxOoh7yNHtrBwV1CbI8aiA0nNm7rBIfmwEg/s1200/professional-law-firm-in-Vietnam%20(2).jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="725" data-original-width="1200" height="386" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhrww-E2kPzKFsX-YEPouKQrgri2jWKn7bKk4YIMjADqpxTwk-p5evdZ5JRKbKjILGfs1VRUaMPo7KcWGBvnTLhyzQAWOVhSWQpvxi3JGakOMqh-zXtkNZ7-1Np15x8TmXgvdqYdNwcA1Myuowy0sevxWSxxOoh7yNHtrBwV1CbI8aiA0nNm7rBIfmwEg/w640-h386/professional-law-firm-in-Vietnam%20(2).jpg" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div><p class="MsoNormal" style="line-height: normal; margin-bottom: 0cm;"><span style="font-family: "Times New Roman",serif; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">We focus on providing potential solutions that best meet the
requirements of business and legal clients as a reputable <a href="https://antlawyers.vn/" target="_blank"><span style="color: #468db5;">law
firm in Vietnam</span></a>. We help customers achieve their goals while
protecting their interests, minimizing risks, and following the law.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">We offer corporate and individual clients from all industries a
comprehensive array of contentious and non-contentious legal services. We are
able to offer guidance on a wide range of topics, from setting precedent to
strictly procedural matters, thanks to our knowledgeable and highly skilled
staff.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>
<p class="MsoNormal" style="background: white; line-height: normal; mso-margin-bottom-alt: auto; mso-margin-top-alt: auto; text-align: justify;"><span style="color: #555555; font-family: "Times New Roman",serif; font-size: 13.0pt; mso-fareast-font-family: "Times New Roman";">As a consequence of this, our clients can rest assured that,
regardless of the case or transaction, our lawyers at the law firm in Vietnam
possess the expertise necessary to provide legal guidance and service that is
relevant to the business world.</span><span style="color: #555555; font-family: "Arial",sans-serif; font-size: 9.0pt; mso-fareast-font-family: "Times New Roman";"><o:p></o:p></span></p>Tuan Nguyenhttp://www.blogger.com/profile/15329444140225717329noreply@blogger.com0