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Legal service
Withdrawal of life insurance money on time in accordance with Vietnamese law
“Hello Lawyer X, my name is Tran B. I am currently working at a domestic company for 20 years now. During my work, I participated in the life insurance service of insurance company X, the contract between me and insurance company X is pension insurance, under which company X is responsible for paying covered me since I decided to retire. I have been paying insurance premiums for 20 consecutive years. I am about to retire…
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Legal service
Rights and obligations of private business owners in Vietnam
A sole proprietorship is one of four types of enterprises regulated under the enterprise law. A sole proprietorship has distinct characteristics compared to other types of businesses. Therefore, private business owners also have certain rights and obligations prescribed by law. LSX Lawfirm will give you an article about: “Rights and obligations of private business owners in Vietnam”, as follows: Legal grounds Law on enterprises 2020 What is a private business? What is a private business?…
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Legal service
Size of private enterprise in Vietnam
As the economy develops, the demand for business in society also increases. One of the common types of Vietnamese people doing business is a private enterprise. Choosing the type of sole proprietorship to do business is related to many factors such as history; suitable for small and medium business; simple legal procedures,etc. LSX Lawfirm will give you an article about: “Size of private enterprise in Vietnam”, as follows: Legal grounds Law on enterprises 2020 What…
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Legal service
Should companies establish representative office or branch in Vietnam?
While most industries were severely impacted by the COVID-19 pandemic, start-ups continued to receive funding. In addition, the government is increasing public spending on businesses. So, many entrepreneurs want to start their businesses to make some profit. Once businesses settled down, they want to expand the scale of the businesses but do not know whether to establish a representative office or a branch. So, in this article LSX legal firm would like to give you:…
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Cases of not deducting input value-added tax in Vietnam
In value-added tax accounting, the term “tax deduction” is used a lot. Tax deduction helps determine the amount of VAT to be paid for each stage and each subject in the process of production and circulation of goods, preventing tax loss and helping to ensure the quality of VAT, which is mainly levied on consumers. use the final product or service. But not everyone clearly understands what tax deduction is and what are the cases…
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Legal service
Distinguish Special Consumption tax and value added tax in Vietnam
Tax is a source of contributions from individuals, households, business households and organizations to promote the construction and development of the country. In which, value added tax, special consumption tax in particular are important sources of state budget revenue. These are all indirect taxes levied on goods and services, however, there are many differences between these two taxes in terms of nature, characteristics and tax bases. LSX Lawfirm will give you an article about: “Distinguish…
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Legal service
Transform the type of business in Vietnam
Enterprise transformation is one of the forms of enterprise reorganization, whereby an enterprise transforms into another type of enterprise in its continued existence. Thus, in terms of procedures, the enterprise will have to re-issue the Certificate of Business Registration to the enterprise after the transformation. The question arises, when converting the type of business, does the business have to change the tax code? LSX Lawfirm will give you an article about: “Transform the type of…
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Papers to replace identity papers in Vietnam
Regardless of whether a citizen is to prove who he is in society, identification is essential. However, in some unfortunate case, we may forget to bring or lose some important identification documents. At these times, it is necessary to have other documents to replace that have a value that is nearly equivalent to the identity document. LSX Lawfirm will give you an article about: “Papers to replace identity papers in Vietnam”, as follows: Legal grounds…
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Difference between passport and visa in Vietnam
Passport and visa are one of the required documents if you want to go abroad. However, at present, many people are still very confused about these two documents and often confuse them as one. LSX Lawfirm will give you an article about: “Difference between passport and visa”, as follows: Legal grounds Law on entry, exit and transit of foreigners residing in Vietnam General overview of visas for foreigners living in Vietnam What documents do foreigners…
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Temporary residence card for foreigners in Vietnam
In the current era of economic exchange and integration, the number of foreign workers in Vietnam has increased significantly. This has both helped develop our country’s economic level; has attracted foreign investors to invest in Vietnam. According to the provisions of Vietnamese law, foreigners granted temporary residence cards; for convenience in managing quantity as well as time in Vietnam. LSX Lawfirm will give you an article about: “Temporary residence card for foreigners in Vietnam”, as…
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