Advantages and Disadvantages of Joint-Stock Companies in Vietnam

In the context of globalization and the rapid development of Vietnam’s market, the joint-stock company model has become a popular business form, attracting considerable attention from investors. Joint-stock companies not only provide opportunities for efficient capital mobilization but also create conditions for sustainable growth through risk and profit-sharing mechanisms. However, alongside these prominent advantages, this […]

Land Compensation Rules When State Recovers Land

When the State recovers land for public purposes, infrastructure development, or national projects, affected landowners and users are entitled to compensation under specific legal conditions. Understanding these conditions is crucial for ensuring fair treatment and compliance with the law. According to Clause 1, Article 95 of the Land Law 2024, those eligible for land-related compensation […]

What is Foreigner Contractor Tax in Vietnam?

In Vietnam, foreign companies or individuals conducting business or providing services within the country are subject to specific tax regulations. One of the key taxes they must comply with is the Foreigner Contractor Tax (FCT). This tax applies to foreign contractors and subcontractors working in Vietnam, covering both income earned within the country and the […]

Is it permissible to convert foreign loans into capital contributions for businesses?

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 […]

Procedure for unemployment allowance

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 […]

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