How many foreign director can we appoint? Can we appoint one as legal representative with local work permit and one foreign director without local work permit? Can the owner be an organization? Can we have both legal representatives to have work permit exemption? #1) How many foreign director can we appoint? According to Enterprise Law…
Vietnam has issued Decision No. 940/QD-BTC related to Investigation and application of anti-dumping measures against some wood fiber products or other wood-based materials originating from Thailand and Malaysia. Basic information On October 23, 2018, the Department of Trade Protection (PVTM), the Ministry of Industry and Trade received a dossier requesting investigation and application of anti-dumping…
IN THE MATIER OF THE PRELIMINARY DETERMINATION OF THE SAFEGUARD MEASURES CASE AGAINST THE IMPORTATION OF CERAMIC FLOOR AND WALL TILES FROM VARIOUS COUNTRIES (AHTN Codes 6907.2123, 6907.2124, 6907.2193, 6907.2194, 6907.2213, 6907.2214, 6907.2293, 6907.2294, 6907.2313, 6907.2314, 6907.2393, 6907.2394 and 6907.4092) (Safeguard Measures Case No. 02-2018) ORDER The Department of Trade and Industry (DTI) initiated a…
How much is Fee of forming company in Vietnam and What is procedure of company formation in Vietnam? Procedure of company registration: To open company in Vietnam for foreign-invested enterprise , there will be two steps involved in the procedures as follows: Ø Step 1: Applying for the Investment Registration Certificate (“IRC”) at Department of Planning and Investment or Authority of industrial…
QUESTION: ENQUIRY: SETTING UP NEW COMPANY IN VIETNAM Dear Sirs, We are a company based in Singapore and would like to set up a LLC or joint venture in Vietnam for our electronic distribution business. Kindly provide us with a fee quote and timeline in respect of this service. Best regards, J T, ASL LAW’S…
The video shall highlight 30 years of foreign direct investment in Vietnam 30 Years of FDI in Vietnam (Source: MPI) ***Other service of ASL LAW – full service Vietnam law firm *** Retainer service to enterprises International trademark registration Oversea investment consultancy for Vietnamese enterprises Patent in Vietnam Notes to company formation in Vietnam M&a How to open…
The following articles shall guide how to set up a foreign company in Vietnam so that foreign investors shall do business in Vietnam legally and efficiently. 1. Set up a foreign company in Vietnam Pursuant to Law on Enterprise of Vietnam: Establishment of economic organizations with 100% capital of investors include: Domestic investors and foreign…
Consecutive court hearings related to copyright dispute between investors and creators in Vietnam during the last time have shown serious concern about awareness of intellectual property from both sides. The article shall analyze the current situation of Vietnam intellectual property as well as notable aspects to investors and creator when co-operating in the fields of…
Firms from the Republic of Korea (RoK) were expecting to increase investments in information technology, biotechnology, food processing and part-supplying industry in Vietnam, attendees were told at a conference on Monday in Hanoi. The Vietnam Trade Promotion Agency under the Ministry of Industry and Trade in collaboration with the Korea Federation of Small and Medium…
RedSun ITI has taken its chain of Truly Viet restaurants to Australia under the franchise model. It has set up a joint venture with an Australian partner to open the first restaurant in Melbourne with a menu that features four popular traditional Vietnamese dishes, goi cuon (fresh spring roll), pho (noodle soup), banh mi (Vietnamese…