In accordance with the provisions of the Law on Investment 2020 and relevant guiding regulations, foreign investors are entitled to establish 100% foreign-owned enterprises in various business sectors in Vietnam. This document outlines the eligible sectors, corresponding CPC codes, and the detailed procedural roadmap for establishing such entities. Business Sector CPC Code Accounting and tax […]
This document outlines the conditions, procedures, and steps required to apply for a work permit for foreigners wishing to work in Vietnam. It provides detailed information on eligibility criteria, required documents, and the application process, ensuring compliance with Vietnamese labor laws. 1. Conditions for Issuing a Work Permit for Foreigners To be eligible for a […]
The work permit system is a crucial legal requirement for foreign workers in Vietnam. It ensures compliance with labor laws, regulates foreign labor in the country, and protects both the foreign employees and the organizations that employ them. Understanding the cases that require a work permit and the exemptions is an essential step for employers […]
As of June 1, 2025, e-invoices generated from cash registers will no longer be optional but will become mandatory for many businesses, particularly those operating in the retail and service sectors. This marks not only a transition in transaction management but also a significant milestone aimed at enhancing financial transparency, optimizing accounting processes, and strengthening […]
The transition from individual tax identification numbers and business household tax codes to the use of personal identification numbers marks a significant step in the modernization of tax administration. This policy not only streamlines administrative procedures but also aligns with the National Population Data and Electronic Identification Development Scheme, implemented under Decision No. 06/QĐ-TTg dated […]
The 2024 Land Law does not change the essence of land auctions but introduces new regulations that aim to enhance transparency, ensure fairness, and minimize land speculation, especially in the context of public land allocation and lease. These new provisions also seek to rectify loopholes in the previous process of auctioning land use rights. So, […]