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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…
19
Mar
Mar
Vietnam’s Ministry of Industry and Trade (MoIT) has proposed a new green e-commerce law in response to growing environmental concerns, particularly the alarming projection of 800,000 tons of plastic waste by 2030. The rapid expansion of Vietnam’s e-commerce sector has led to significant ecological challenges, especially in packaging, order fulfillment, and online food delivery waste….
02
May
May
Changing business registration in Vietnam is a critical and mandatory process for enterprises when there are adjustments to the registered information. Below is a detailed guide covering the cases that require changes, the necessary documents, and post-completion tasks. 1. Cases Requiring Business Registration Changes in Vietnam For Vietnamese-Owned Companies When any modification involves the information…
09
May
May
In civil disputes, the submission and presentation of evidence to the Court are among the most critical stages in the entire case resolution process. The initiation and conclusion of a civil dispute largely depend on the evidence provided by the parties involved. This is because almost all court activities revolve around proving or disproving evidence…
03
Jan
Jan
On October 31, 2024, the Minister of Education and Training of Vietnam issued Decision No. 3278/QD-BGDDT, announcing the amended administrative procedures in education and training with foreign countries under the management of the Ministry of Education and Training of Vietnam. This includes the detailed procedure for establishing a representative office of a foreign educational institution…
20
Aug
Aug
Vietnam’s business sector continues to show resilience and growth in 2024, despite some month-to-month fluctuations. This article provides an overview of the latest trends in business establishment, reactivation, and closure in Vietnam, with a focus on July 2024 and the first seven months of the year. In July 2024, Vietnam saw the establishment of 14,700…
25
Aug
Aug
The Ministry of Planning and Investment (MPI) has recently unveiled a proposal for a new law focused on industrial parks, aiming to foster the development of large ecological industrial parks (EIPs) and attract high-quality investments. This initiative is part of Vietnam’s broader goals of industrialization, modernization, green infrastructure, digitization, and embracing a circular economy. Key…
20
Jul
Jul
The Ministry of Planning and Investment in Vietnam has recently drafted a new Decree on business registration, set to replace Decree No. 01/2021/ND-CP. This proposed legislation introduces several significant changes aimed at streamlining business registration processes and improving transparency in the business environment. Key changes in the Draft Decree include: Abolition of Business Household Registration…
12
Jul
Jul
In the context of a rapidly developing market economy and increasing international integration, alongside new opportunities, Vietnamese businesses are also facing many challenges in their operations. One of the challenges is the timely update and compliance with Vietnam’s diverse and complex legal system. In such a situation, seeking legal advice from specialized units has become…
