When living, working, or investing in Vietnam, many foreigners may need to establish a will to ensure their assets are distributed according to their wishes. Vietnamese law allows foreigners to make a will, but the process must comply with the country’s legal framework, particularly the Civil Code and relevant regulations on inheritance. Understanding the requirements, […]
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 […]
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 […]
Many businesses seek to convert their foreign loans into capital contributions as a strategy to strengthen their financial position. This practice raises important questions about legal compliance and financial regulations. Before undertaking such a conversion, companies must understand both the requirements and implications of transforming debt into equity capital. 1. The legal basis for converting […]
In Vietnam, certain investment projects require approval from the National Assembly before they can proceed. This approval process is a critical step for large-scale or strategically important projects that could impact the country’s economy, environment, or social welfare. Understanding which projects need to obtain this approval is essential for both domestic and foreign investors to […]
These turning points have played an important role in shaping and promoting the strong development of e-commerce platforms in Vietnam, becoming an indispensable part of people’s economic and social life. According to data in the report titled “E-commerce Market – The Time of Shopping and Entertainment” by Kirin Capital released in early April 2024, the […]