Limitless customization options & Elementor compatibility let anyone create a beautiful website with Valiance.
THE REPRESENTATIVE OFFICE Vietnam-based representative office of a foreign trader means a dependent unit of the foreign trader, which is established under the provisions of Vietnamese law to conduct market survey and a number of commercial promotion activities permitted by Vietnamese law. FUNCTION OF THE REPRESENTATIVE OFFICE The operation of a representative office shall be […]
WHY DOCUMENT NEEED TO BE LEGALIZED? Pursuant to Clause 2, Article 2, Decree 111/2011, Consular legalization means the competent Vietnamese agencies’ certification of stamps, signatures and titles on foreign papers and documents for being recognized and used in Vietnam. Foreign Direct Investment (FDI) in Vietnam involving with IRC and ERC is required legalized document at […]
Funding through foreign loan is the most common vehicle to fulfil the needs of working capital of Vietnam-based enterprise for operation, considering the context of Vietnam’s economic development. There are three types of foreign loans, in particulars: (i) short-term loan, (ii) long-term loan and (iii) loan under deferred imported goods. Strictly controlled by the State […]
Doing business in a host country and earning income would revolve with taxation, and it is absolutely similar for all enterprise operating theirs business in Vietnam. Initial tax registration with the tax administrative department is treated as sending “greetings” from new-born company to the competent authority. The initial tax registration involves with: Accounting method and […]
Being considered as annual registration fee and paid in commencing of the year, Business License Fee (BLF) is required to be declared and paid when the company’s establishment is completed. BUSINESS LICENSE FEE LEVEL BLF level in Vietnam is determined based upon its registered charter capital, with details are elaborated as below: Level Charter Capital […]
Heading to non-cash etiquette in business environment, opening bank account for banking transaction is a must-do task prior commencing operation. E-banking, gradually, plays a key role and is utilized as a functional tool with multiple related services to facilitate all enterprises in doing business. Not aside from this trend, Vietnam-based enterprise is compulsory to open […]
Different from other country where the signature is used as a typical signal for “tie the knot” in business engagement, in Vietnam, the stamp specimen (or refer to the chop or the stamp) together with the physical signature, are fully formed the legal execution in terms of paperwork for business activities. Stamp consist of stamp […]
Nowadays, Vietnam is gradually recognized as an open market to attract foreign investment. By self-improving its infrastructure and public facilities, as well as being a member in certain international treaties to build-up cordial relationship with other countries and territories all around the world, Vietnam turns itself to become an ideal and strategic market for foreign […]
GENERAL Once obtaining the licenses i.e. Investment Registration Certificate (“IRC”) and Enterprise Registration Certificate (“ERC”) for the official legal base of Vietnam-based presence, there are several compulsory procedures that are required to be undertaken by the Company in order to put it in ready-to-operate status. They are named “Post-Licensing” procedure., in particulars: Stamp Arrangement Company’s […]