Legal updates

Converting the loan into contributed capital means that the lender, instead of recovering the debt that has lent the company in cash, will take that receivable debt to "buy" the company's shares/contributed capital...

Pursuant to the Investment Law 2020 and Decree No. 29/2021/ND-CP stipulating on supervision and assessment of investment, the Investors/economic organizations implementing investment projects in Vietnam must submit the periodic reports related to investment projects...

After being granted the Investment Registration Certificate (“IRC”), the investor must contribute the full investment capital as registered to implement the project. Normally, the investment capital contribution period is 90 days from the date of...

Representative Office of foreign trader is obliged to submit annual report on activity to the headquarters of the licensing agency before January 30th of the following year...

Pursuant to Decree No. 70/2023/ND-CP dated September 18, 2023 of the Government amending and supplementing some articles of Decree No. 152/2020/ND-CP regulating foreign workers working in Vietnam, procedures for applying for a work permit for foreign workers is updated...

On September 18, 2023, Decree No. 70/2023/ND-CP officially took effect. Some new points remarkable according to Decree No. 70/2023/ND-CP are as follows:

Depending on the form, the enterprise must retain/keep at the headquarter (or another location prescribed in the company’s charter) the following documents