Năm 2024 đánh dấu một bước tiến quan trọng trong việc quản lý và đảm bảo trật tự an toàn giao thông đường bộ tại Việt Nam với việc ban hành Luật Trật tự, an toàn giao thông đường bộ mới. Thay thế cho Luật Giao thông đường bộ 2008, văn bản pháp luật mới […]
1. What is value-added tax Article 2, Law on Value Added Tax 2008 prescribes that: “Value-added tax is a tax imposed on the added value of goods or services arising in the process from production, circulation to consumption.” Therefore, Value Added Tax (or VAT) is charged only on the increase in value at each stage […]
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 […]
Over the past decade, foreign direct investment (FDI) has driven economic growth in developing countries, with governments offering tax incentives to attract capital. However, low-tax jurisdictions often gain a competitive edge. To address tax avoidance and profit shifting by multinational enterprises (MNEs), the OECD introduced the Global Minimum Tax (GMT) in 2023, setting a 15% […]
In the era of escalating climate change and pressing environmental concerns, attracting Foreign Direct Investment (FDI) into renewable energy has become a key priority for Vietnam. The country has made remarkable progress in this sector, achieving significant milestones that position it as a leader in renewable energy within Southeast Asia. However, the journey to sustainable […]