GLOBAL MINIMUM TAX (GMT): HOW IT IMPACTS VIETNAM ENTERPRISES

Practical Impacts on Major FDI Enterprises in Vietnam and Alternative Investment Support Policies From January 1, 2024, Vietnam officially implemented the Global Minimum Tax (GMT) framework pursuant to Resolution No. 107/2023/QH15. This represents a fundamental shift in the country’s Foreign Direct Investment (FDI) attraction strategy, effectively ending the era of tax-incentive-based competition. The following analysis […]

Commercial Franchising Activities Involving Foreign Franchisors

(For Franchising from Abroad into Vietnam) To successfully introduce an international brand into Vietnam, an enterprise must master the current rules. This article systemizes the updated legal regulations, specifically highlighting the changes between old and new documents to prevent errors during the dossier preparation process. 1. Current Legal Document System (Updated 2025) Currently, Decree 35/2006/ND-CP […]

Electronic Identification for Businesses with a Foreign Legal Representative: How Does It Work?

As digital transformation accelerates, electronic identification (e-ID) has become an essential requirement for businesses in Vietnam—particularly when carrying out administrative procedures, filing taxes, or using digital signatures. However, complications can arise when a company’s legal representative is a foreign national. Can the business still obtain an e-ID? What are the procedures, and are there any […]

How to Choose a Reputable M&A Advisory Firm in Vietnam

Vietnam’s dynamic market, fast-growing economy, and increasing openness to foreign investment have made it a hotspot for mergers and acquisitions (M&A). However, navigating M&A deals in Vietnam—especially for foreign investors—requires deep local insight, legal understanding, and strategic execution. Choosing the right M&A advisory firm is crucial to the success of any transaction. In this article, […]

Personal Income Tax in Vietnam: What Foreigners Need to Know

As Vietnam continues to attract foreign talent and investment, understanding the personal income tax (PIT) obligations for foreigners becomes essential for both expatriates and the companies that employ them. Whether you’re an individual working in Vietnam or a business hiring foreign staff, this guide provides a clear overview of how to calculate PIT for foreigners […]

Are Foreign Lawyers Permitted to Litigate in Vietnamese Courts?

Vietnam’s rapid economic growth and increasing integration into the global economy have attracted a surge of foreign investors and international legal practitioners. As cross-border disputes become more common, a recurring question emerges: can foreign lawyers represent clients and appear in litigation proceedings before Vietnamese courts? This article examines the legal framework governing the practice rights […]

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