-
Legal service
Introduction to PPP contract and how it works in Vietnam
Hence the popularity of PPP contracts, people might have heard about this type of contract. Yet, not many understand what exactly is PPP contract is. Therefore, in today’s article, LSX will give you the “Introduction to PPP contract and how it works in Vietnam”. Legal grounds 2020 Public-private partnership investment law What is PPP contract PPP contract is an abbreviation of an investment contract in the form of corporate partnership thus Clause 16 Article 3…
Xem thêm » -
Legal knowledge
Procedures for registration of personal tax identification numbers for foreigners
Currently, there are many individuals and businesses interested in the issue of personal tax identification number registration for foreigners working in Vietnam. So what is procedures for registration of personal tax identification numbers for foreigners? LSX Lawfirm will answer this question in this article. Legal grounds Law on Personal Income Tax Circular No. 111/2013/TT – BTC of the Ministry of Finance Procedures for registration of personal tax identification numbers for foreigners The registration of personal…
Xem thêm » -
Legal knowledge
What is Value Added Tax (VAT) in Viet Nam? Who has to pay VAT?
Most goods and services are subject to value added tax at the rate of 10% or 5%. So, what is value added tax (VAT)? Who has to pay value added tax? All will be in detail in the article below by LSX Law firm. Legal grounds Law on Value Added Tax 2008 Circular 219/2013/TT-BTC What is Value Added Tax (VAT)? Article 2 of the Law on Value Added Tax 2008 stipulates: Value added tax is…
Xem thêm » -
Legal service
How will sexual harassment and insulting foreign tourists be handled?
The situation of sexual harassment is a burning problem in today’s society. Significantly, the issue of sexual harassment and insulting foreign tourists; not only will it affect the social order; but also create a bad image of Vietnam in the eyes of international friends. So how will sexual harassment and insulting foreign tourists be handled? Let us learn about this issue with LSX Law firm below. Legal grounds Law on Handling of Administrative Violations 2012…
Xem thêm » -
Legal service
Can foreigners own houses in Vietnam?
What are the conditions for foreigners to own houses in Vietnam? In fact, many foreigners are living, working, and permanently settling in Vietnam. So can foreigners own houses in Vietnam? Let us find out this article with LSX Law firm. Legal grounds Housing Law 2014. Decree 99/2015/NĐ-CP. Can foreigners own houses in Vietnam? According to Article 7 of the 2014 Housing Law, subjects can own houses in Vietnam. Accordingly, foreigners are one of the subjects…
Xem thêm » -
Legal service
Capital contribution, share purchase, purchase of capital contribution
Hence the increasing rate of foreign investment, understanding the procedure for capital contribution, share purchase, purchase of capital contribution is vital. Therefore, in today’s article, LSX will give you an initiate on the issue. Legal grounds 2020 Investment Law Procedure for capital contribution, share purchase, purchase of capital contribution Accordingly, the procedure for capital contribution, share purchase, purchase of capital contribution has 3 steps in total, which details as follow: Step 1: Prepare a dossier…
Xem thêm » -
Legal service
Forms of foreign investment under Vietnamese Law
Hence the steady movement of the global economy, attracting foreign investment has long been the key part of Vietnam’s external economic affairs. Acknowledging the importance of foreign investment, the Vietnamese Government has put quite an effort into boosting international economic integration and constantly making changes to attract foreign investment. Then, what exactly are the forms of foreign investment under Vietnamese Law? Let’s find out in this article. Legal grounds 2020 Investment LawDecree 118/2015/ND-CPDecree 15/2015/ND-CP Forms…
Xem thêm » -
Legal service
Taxes that foreign companies must pay under Vietnamese law
Following the tax, duties are enterprises’ rights and responsibilities in Vietnam. Indeed, many different types of taxes may confuse the investors; and make it harder to obey the regulations. Therefore, in today’s topic, LSX will introduce you to every “Taxes that foreign companies must pay under Vietnamese law”. Legal grounds 2013 Law on Value Added Tax 2013 Law on Corporate Income Tax2014 Law on Personal Income Tax2012 Law on Tax Administration Circular No. 103/2014/TT-BTC License…
Xem thêm » -
Legal service
Limited liability company in Vietnam: What are the pros and cons?
Aside from Joint-stock companies, Limited liability companies (LLC) are also popular to many investors. Yet, if you are thinking about set up one, let us give you a brief on LLC in Vietnam and what are the pros and cons. Legal grounds 2020 Enterprise Law What is a Limited liability company? There are two types of LLC in Vietnam: Single-member LLCMultiple-member LLC. Hence the name, single-member LLC is an enterprise owned by an organization or…
Xem thêm » -
Legal service
How foreigners can participate in teaching in Vietnam?
Generally, Vietnam’s education sector has many integrated education programs with foreign countries. Many foreign teachers come to Vietnam to teach with short-term and long-term programs. On the other hand, there are many foreign language centers with the investment and participation of foreign teachers across the country.Therefore, the question of how foreigners can participate in teaching in Vietnam is a concern of many people. Let us learn about this topic with LSX Law firm below. Legal…
Xem thêm »