Provisions of Vietnamese law on investment incentives

Investment incentives in Vietnam are designed to encourage investment in sectors and regions that align with the country’s development priorities. These incentives, ranging from tax reductions to exemptions on land use, aim to drive economic restructuring and support growth in key industries like high-tech, agriculture, and environmental protection. This article outlines the forms, eligible sectors, […]

Regulations on establishing a partnership

A partnership company is a business entity where at least two individuals or entities come together to operate under a common name, sharing joint and unlimited liability for any debts or obligations. This model is widely used in family businesses and small enterprises, offering benefits such as ease of management, trust among partners, and easier […]

The legal framework for partnerships in Vietnam

A partnership company in Vietnam is a business entity where at least two individuals contribute capital and share joint, unlimited liability for the company’s obligations. This structure, governed by the 2020 Enterprise Law, involves two types of partners: general partners, who bear unlimited liability and manage the company, and capital contributors, who have limited liability […]

What is a Business Household? Is it an Enterprise?

A business household is a quite common form of business that many people choose when operating on a small scale. So, is a business household considered an enterprise? This article explores the distinction between business households and enterprises under Vietnam’s current legal framework. 1. What is a Business Household? Current laws do not provide a […]

What are Limited Liability Companies?

A Limited Liability Company (LLC) is a business structure that provides its owners with limited liability protection while offering flexibility in management and operations. It is a popular choice for entrepreneurs due to its balance of legal protection and organizational freedom. What is a limited liability company? Limited liability company (LLC) is not specifically defined […]

What are business locations?

In the context of business operations, a “business location” refers to the physical site where an enterprise conducts its activities. Understanding its definition, key characteristics, and the necessary legal procedures for establishing and notifying business locations is crucial for entrepreneurs and organizations looking to comply with regulations and optimize their operations. This article explores these […]

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