Land Compensation Rules When State Recovers Land

When the State recovers land for public purposes, infrastructure development, or national projects, affected landowners and users are entitled to compensation under specific legal conditions. Understanding these conditions is crucial for ensuring fair treatment and compliance with the law. According to Clause 1, Article 95 of the Land Law 2024, those eligible for land-related compensation […]

What is Foreigner Contractor Tax in Vietnam?

In Vietnam, foreign companies or individuals conducting business or providing services within the country are subject to specific tax regulations. One of the key taxes they must comply with is the Foreigner Contractor Tax (FCT). This tax applies to foreign contractors and subcontractors working in Vietnam, covering both income earned within the country and the […]

Guidance on legal matters for enterprise dissolution in Vietnam

The dissolution of enterprises in Vietnam refers to the legal process by which a business entity officially ceases operations and is removed from the registry of businesses maintained by the Vietnamese government. The process is governed by the Law on Enterprises 2020 (effective from January 1, 2021), along with related regulations, and involves specific steps […]

ESOP issuance, key considerations for enterprises

Businesses use ESOP issuance as a vital instrument to both attract investment capital and retain employees. However, the issuance procedure is complicated and requires businesses to thoroughly assess their financial situation and development strategy in addition to adhering to stringent legal rules. Companies must fully comprehend the essential elements before choosing to adopt an ESOP […]

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