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Establishing representative office in Vietnam is an ideal option for many foreign companies seeking to explore the market, promote trade, and establish an initial legal presence without making a full investment like setting up an FDI company. Although not permitted to conduct direct business, a representative office still offers significant legal and commercial advantages. Benefits…
10
Jul
Jul
Establish company in Vietnam is the first step toward legalizing your business operations, expanding your market, and building a professional brand. However, many individuals and businesses still encounter difficulties navigating legal procedures, managing costs, and addressing crucial factors for smooth operations. Procedures for Setting Up a Company in Vietnam To establish a company in Vietnam,…
11
Jun
Jun
In the face of increasing market competition, cost control pressures, and complex regulatory requirements, legal outsourcing in Vietnam has become a strategic solution for small and medium-sized enterprises (SMEs). Instead of maintaining a costly in-house legal team, businesses can now rely on professional Vietnam legal outsourcing services for efficient, reliable, and affordable legal support. Why…
28
May
May
On May 26th, 2025, ASL LAW has the privilege of hosting an in-depth legal workshop on dispute resolution procedures in China and related practical considerations for foreign investors and legal practitioners. The event featured Dr. Jie Lian, Esq., a distinguished Chinese legal expert and licensed international litigator with over 15 years of experience handling litigation…
23
May
May
In its economic development journey, Vietnam has undergone significant transitions—from a centrally planned economy to a socialist-oriented market economy. In this process, the private sector has increasingly played a pivotal role in the national economic structure. 1. Evolution of Economic Policy Over the Years 2. Economic Structure by Sector (2022) Among a total of 735,455…
06
May
May
In a major policy move underscoring the evolving role of the private sector in Vietnam’s socialist-oriented market economy, the Vietnam Communist Party has issued a new Resolution dedicated entirely to accelerating private sector development. The Resolution reaffirms the strategic importance of private enterprises as a dynamic driving force behind economic growth, innovation, and national prosperity….
06
Apr
Apr
“The global stability we once knew will not return anytime soon.”– Singapore Prime Minister Lawrence Wong, April 4, 2025 (Channel News Asia) In an era where nations prioritize domestic interests, escalate protectionist measures, and unilaterally impose tariffs, both Vietnamese enterprises and foreign direct investment (FDI) companies operating in Vietnam are confronting unprecedented legal challenges. This…
18
Mar
Mar
ASL LAW is a top-ranked Vietnam IP Law Firm, offering Vietnam IP Services including Trademark in Vietnam, Patent in Vietnam, and IP enforcement for international businesses. Leading Vietnam Intellectual Property Law Firm ASL LAW is a top-rated Vietnam IP Law Firm recognized by Legal500, AsiaLaw, and WTR1000. We specialize in providing Vietnam IP Services for…
13
Mar
Mar
The business license tax is a mandatory tax for enterprises and business households in Vietnam. However, when a business temporarily suspends operations, many business owners wonder whether they are still required to pay this tax. This article clarifies the issue based on current legal regulations. 1. What is Business License Tax? Business license tax (now…
03
Mar
Mar
On February 10, 2025, the Vietnamese government issued Decree No. 20/2025/ND-CP, introducing significant amendments to Decree 132/2020/ND-CP. The new decree, effective from March 27, 2025, aims to enhance transparency in tax compliance related to transfer pricing and will apply from the financial year 2024 onwards. Key Changes in Related Party Transactions 1. Revised Criteria for…
