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Legal knowledge
Establishing a foreign-invested advertising company
Business in the field of advertising currently attracts a lot of investors both domestic and foreign investors. However, the establishment of a foreign-invested advertising company needs to be done through the mode of business cooperation between a domestic advertising company and a foreign partner. So, what is the procedure for Establishing a foreign-invested advertising company? Refer to the consulting content of LSX Law firm below to understand the necessary regulations Legal grounds Enterprise Law 2020…
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Legal knowledge
Foreign investors contribute capital to hotel company in Viet Nam
What are the conditions for foreign investors to contribute capital to a hotel business company? What is the procedure to prepare? It is a matter of concern to entrepreneurs. If you are also wondering about foreign investors contribute capital to hotel companies, let’s find out in detail through the following article of LSX Law firm. Legal grounds Enterprise Law 2020 Investment Law 2020 Conditions for foreign investors contribute capital to hotel company Foreign investors contributing…
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Legal service
Procedure for adjusting investment projects in Vietnam
When operating a project, there might be a few unavoidable adjustments to carry on the project smoothly. Yet, the procedure for adjusting investment projects in Vietnam may sound confusing to foreign investors. Because of that, in this article, LSX will provide you the necessary details on the issue. Legal grounds 2020 Investment LawDecree 31/2021/ND-CP Dossier for adjusting investment projects Hence the regulation in Clause 1, Article 44, Decree 31/2021/ND-CP; a dossier for adjusting investment projects…
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Legal service
Regulations on limiting capital contribution ratio of foreign investors
Hence the regulation in 2020 Investment Law; foreign investors could only invest in Vietnam if they surpass the conditions of the law. One of those is the rate of charter capital ownership. Along with the establishment of Decree 31/2021/ND-CP, regulations on limiting the capital contribution ratio of foreign investors are specified. Legal grounds 2020 Investment LawDecree 31/2021/ND-CP Accordingly. in Clause 10, Article 17, Decree 31/2021/ND-CP; there are 04 cases that the ratio of capital contribution…
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Legal service
Foreigners commit crimes in the territory of Vietnam
Foreigners commit crimes in the territory of Vietnam. Provisions of the penal code on foreigners committing crimes in the territory of Vietnam. Let us learn about this topic with LSX Law firm below: Situation: A is 30 years old, Lao nationality. At Tan Son Nhat airport, Vietnam, A was arrested for illegally bringing $50,000 to Laos while bringing the money back home. A confessed 3 months ago that A sold heroin to B (Vietnamese nationality)…
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Legal service
Franchising with foreign elements in Vietnam
Franchising with foreign elements in Vietnam. Conditions and procedures for franchising with foreign elements in Vietnam. Documents and implementation time of franchising with foreign elements in Vietnam. Let us learn about this topic with LSX Law firm below: Legal grounds – Decree 35/2006/ND-CP – Circular 09/2006/TT-BTM – Decision No. 106/2008/QD-BTC dated November 17, 2008, of the Ministry of Finance on stipulating the collection rate, mode of collection, payment, management, and use of franchise registration fee…
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Legal service
Procedures for accepting father and son with foreign elements
Procedures for accepting father and son with foreign elements. Regulations on procedures to receive paternity with foreign elements. Authority and time limit for settlement. Let us learn about this topic with LSX Law firm below: Situation: I am currently pregnant; my boyfriend, as well as the baby’s father, is an American. We have not yet prepared the documents for marriage registration because I will give birth in mid or late August. Can we make a…
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Legal knowledge
Procedures for setting up an advertising company with foreign capital
Besides the traditional forms of advertising, there are newer and more unique ways of advertising in the world today. Therefore, the field of advertising service business is a potential market for investors. In addition to domestic enterprises who are familiar with the domestic market, foreign enterprises are also very interested in this field. So what are the procedures for setting up an advertising company with foreign capital? Let’s find out in this article with LSX Law firm.…
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Legal knowledge
Types of commercial presence of foreign investors in Vietnam
There are many ways in which foreign investors can establish a commercial presence in Vietnam. LSX Law firm has summarized and introduced 3 types of commercial presence of foreign investors as follows. Legal grounds Investment Law 2020 Business cooperation contract For foreign enterprises in particular commercial presence in the form of business cooperation contracts will not establish economic organizations. Accordingly the Investment Law, the form of business cooperation (BCC contract). A BCC contract is an…
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Legal knowledge
Procedures for changing the address of a foreign company in Viet Nam
How to change the foreign company address ? Is it the same as a normal domestic company change of address? Let’s learn with LSX Law firm the procedures for changing the address of a foreign company in Viet Nam Legal grounds Enterprise Law 2020 Dossier for changing the foreign company’s address Documents to be prepared when carrying out procedures for changing the address of a foreign company include the following components: 02 notarized copies of…
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