Tax planning is one of the most important factors when managing a company, especially when in a new market. This article will give you an overview of tax system in Vietnam as well as highlighting the main differences between international reporting system and its local counterparts. Overview of tax planning in Vietnam Corporate Income Tax Vietnam […]
A common question for foreign investors and companies is what is the minimum capital requirement in Vietnam? Also, how much of it should be paid up? The article explains the capital requirements for each of the legal entity types relevant for foreign investors. Setting up a company in Vietnam Foreign investors in Vietnam commonly choose […]
A Branch is an alternative to a Limited Liability or Joint-Stock Company. Unlike an LLC or a JSC, it is not a separate legal entity to its parent company. For a branch to be established, the parent company must already be registered for at least five years. Branch offices are opened when a parent company […]
In Vietnam A Limited Liability Company is a business entity with one to 50 members. Unlike a Joint-Stock Company, a Limited Liability company doesn’t issue shares. However, it allows members to have different capital contributions that results in membership units, giving members de facto similar rights and responsibilities to shareholders.
A Joint-Stock Company (JSC) is a business entity referred to in Vietnamese legislation as a shareholding company in which shares are owned by three or more original shareholders. Within this enterprise, shareholders are entitled to own company stock in proportion evidenced by the shares they own. Unlike a limited liability company registration, a Vietnamese JSC is allowed […]