TAX DECLARATION OBLIGATIONS FOR KOLs/KOCs, LIVESTREAM SELLERS, AND THE DROPSHIPPING BUSINESS MODEL

1. Legal Framework Governing Tax Obligations in Online Business Activities Under Vietnam’s current tax legislation, individuals earning income from livestream sales, affiliate marketing commissions, or dropshipping activities are primarily governed by the following legal instruments: Revenue Threshold for Tax Liability Pursuant to Clause 2, Article 4 of Circular No. 40/2021/TT-BTC, individuals engaged in business activities […]

NEW LAND PRICE SCHEDULE ALIGNED WITH MARKET VALUES: IMPLICATIONS FOR LAND TITLE TRANSFERS, TAXES, AND LAND ACQUISITION COMPENSATION

1. Legal Framework for the New Land Price Schedule under the 2024 Land Law Pursuant to Article 159 of the 2024 Land Law, Vietnam’s land valuation framework has undergone several significant reforms. Abolition of the Government-Issued Land Price Framework The previous nationwide land price framework issued by the Government has been abolished. Instead, each Provincial […]

CRIMINAL PROCEDURE IN VIETNAM AND THE ROLE OF DEFENSE COUNSEL FROM THE INVESTIGATION STAGE

1. Overview of Criminal Proceedings in Vietnam A typical criminal case proceeds through four principal stages under the 2015 Criminal Procedure Code: Receipt of Crime Reports & Case Initiation → Criminal Investigation → Prosecution → Trial (First Instance / Appellate) 1.1. Stage One: Receipt and Verification of Crime Reports and Initiation of Criminal Proceedings Competent […]

LEGAL DUE DILIGENCE FOR STARTUPS SEEKING INVESTMENT: PROCEDURES, KEY REVIEW AREAS, AND PRACTICAL CONSIDERATIONS

1. Legal Framework Governing Startup Investments Legal due diligence in connection with startup investments in Vietnam is primarily governed by the following legislation: 2. Principal Areas Reviewed During Legal Due Diligence During the due diligence process, the investor’s legal advisors will typically require the startup to establish a secure Data Room containing corporate records and […]

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