Client’s inquiry_Setting up a fitness (Gym & Yoga) company in Vietnam

setting up a fitness (gym & yoga) company in Vietnam

CLIENT’S INQUIRY: SETTING UP A FITNESS (GYM & YOGA) COMPANY IN VIETNAM Thanks for your email. I am working alongside L and we plan to open a company that will be owned by the 2 of us – a Singaporean national and a British national.  The business activities will be fitness activities. The fitness activities is…

Cross border Services Under Law on Tax Administration: Fairer For Domestic Businesses

Cross border Services Under Law on Tax Administration- Fairer For Domestic Businesses - ASL LAW - Vietnam Tax Law Firm 1

After 10 years of implementation of Law on Tax Administration has achieved many positive results. However, in addition to the achieved results, there are still difficulties and challenges in tax administration activities, including tax management for businesses providing cross-border services on Internet (Published on Vietnam law Magazine). On November 29, 2006, the National Assembly for…

Corona (Covid -19) in Vietnam: Can force majeure events be applied? Legal notes to foreign businesses affected by the epidemic in Vietnam.

Corona (Covid -19)- Legal notes to foreign businesses affected by the epidemic in Vietnam. Can force majeure events be applie, Covid -19 in Vietnam: Can force majeure events be applied?

Due to Corona (Covid -19) many parties have breached their duties under the signed contract/SPA. Shall Corona (Covid -19) cause legal disputes to foreign businesses and even Vietnamese enterprises in Vietnam. Therefore, the article shall analyze legal disputes in terms of application of majeure conditions. According to Vietnam law, for business contracts affected by the…

Covid -19 in Vietnam: Can force majeure events be applied? Legal notes to foreign businesses affected by the epidemic in Vietnam.

Corona (Covid -19)- Legal notes to foreign businesses affected by the epidemic in Vietnam. Can force majeure events be applie, Covid -19 in Vietnam: Can force majeure events be applied?

Due to Corona (Covid -19) many parties have breached their duties under the signed contract/SPA. Shall Corona (Covid -19) cause legal disputes to foreign businesses and even Vietnamese enterprises in Vietnam. Therefore, the article shall analyze legal disputes in terms of application of force majeure conditions. According to Vietnam law, for business contracts affected by…

Fintech: Reflecting reality for foreign owner ratios

Reflecting reality for foreign owner ratios

(VIR.COM.VN). A recent draft decree from the State Bank of Vietnam raised eyebrows with its contents on ownership ratios for overseas groups when it comes to payment intermediary services. Lawyer Pham Duy Khuong, managing director of Vietnam Law Firm ASL LAW, writes about whether or not the foreign ownership limit should indeed be restricted for…

Vivid M&A picture ahead due to legal fine-tuning

vivid-ma-picture-ahead-due-to-legal-fine-tuning, Pham Duy Khuong, managing director of ASL Law firm

(Published on Vietnam Investment Review). Last year was an impressive one for Vietnam’s mergers and acquisitions (M&A) market, and M&A in Vietnam is projected to remain on a steady growth path in the coming years. Pham Duy Khuong, managing director of ASL Law firm, provides notes on Vietnam’s legal framework in this area, making way…

Notes To Intellectual Property (IP) in Mergers And Acquisitions (M&A)

Notes to Intellectual Property (IP) in Mergers and Acquisitions (M&A)

Mergers and acquisitions (M&A) are activities that take control of a company through a merger or acquisition between two or more businesses to own a part or the whole of that enterprise. Typically, this merger and acquisition activities will evaluate a lot of the target company’s assets which includes intellectual property (IP) rights. M&A has…

Antidumping & countervailing duty: The US officially imposes 456% tax on some steel products imported from Vietnam

DOC_ Steel- Anti dumping and countervailing Vietnam. Antidumping duty, countervailing duty: The US officially imposes more than 450% tax on some steel products imported from Vietnam.

The US Department of Commerce (DOC) announced the conclusion of the investigation on anti-circumvention of antidumping duty, countervailing duty against corrosion resistant steel (CORE) and cold rolled steel (CRS) imports from Vietnam. On December 16, 2019, the US Department of Commerce (DOC)  officially announced the decision to impose the highest tax of 456% on some…

ASL LAW invited to join the Global Lawyers Forum (GLF) In China

Lawyer Pham from ASL LAW is one of 05 law firms from Vietnam was invited to attend the event. This is a good chance to exchange the knowledge of legal matters in Vietnam to lawyers from the other countries. During the GLF event, lawyer Pham also introduced the potential investment chance in Vietnam to investors and lawyers. In addition, taking this chance, lawyer Pham discussed and strengthened partnership with Law firms from different countries including China, Singapore, Belgium, South Korea, Malaysia, Laos and Cambodia.

ASL LAW is one of 05 law firms from Vietnam invited to attend Global Lawyers Forum (GLF) which was held in China. On behalf of ASL LAW Lawyer Pham attended the GLF. This is a good chance to exchange the knowledge of legal matters in Vietnam to lawyers from the other countries. During the GLF…

Draft Vietnam Investment Law: Revising key laws to lead Vietnam into the new era

Revising key laws to lead Vietnam into the new era. Draft Vietnam Investment Law. Pham Duy Khuong. ASL LAW.

With ambitions to attract high-quality foreign investment over the next decade, the draft amendments to the Law on Investment and the Law on Enterprises feature notable changes and are expected to bring forward a more favourable investment climate when it is scheduled to take effect in 2021. Nguyen Thu reports. Investment incentives are just one…

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