In international trade, standardizing the terms and conditions for the delivery of goods is key to ensuring smooth transactions and reducing disputes. Incoterms, short for International Commercial Terms, were established by the International Chamber of Commerce (ICC) to create a standard set of rules for parties engaged in international transactions. This article delves into the […]
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 […]
Corporate income tax is applied to income from business activities (profits from production, business, services, or financial activities). However, according to regulations, in some cases businesses can be exempt from corporate income tax. 1. Corporate income tax payers According to current regulations, corporate income tax payers include organizations that produce and trade goods and services […]
Purchasing shares or contributing capital to an enterprise is a common way for foreigners to invest in Vietnam, in addition to starting new businesses or executing investment projects or business cooperation agreements. Foreign investors must, however, meet specific requirements in order to engage in this type of business. Foreign investors have rights to contribute capital, […]
Unemployment insurance that has a risk prevention feature can assist workers in getting through tough times after losing their jobs. However, in order for the unemployment benefits process to be granted, the employee must become proficient in a few key areas, including following the implementation order. The unemployed employee that wishes to receive unemployment benefit […]
Vietnamese markets are seen as attractive and prospective, attracting a lot of attention from international investors. Vietnamese law creates particular rules to regulate the retail operations of foreign-invested businesses in order to maintain transparency, be in line with the objectives of economic development, and promote an equitable and balanced business climate between domestic and foreign […]