Dear Valued Clients, The regulations on probation are important legal provisions that businesses and employers must take into consideration. These rules serve to establish a transparent legal framework that safeguards the rights of both employers and employees during the initial evaluation phase. Such provisions not only ensure fairness in the recruitment process but also mitigate potential legal risks arising from the early termination of employment contracts. Probation regulations create a…

Dear Valued Clients, Organizational structure is the solid foundation of a business, it determines the flexibility, operational efficiency and adaptability of the business to market fluctuations. In the current context of fierce competition, a single-member limited liability company with a simple, easy-to-manage organizational structure is the optimal choice for many small and medium-sized enterprises. This article will provide customers with detailed information about the organizational structure of a single-member limited…

Dear Valued Clients, In recent years, investors transferring investment capital from Vietnam to foreign countries, using profits earned from this investment capital to carry out business investment activities abroad is becoming more and more popular. In order to implement outward investment activity, first of all, investors need to apply for an Outward Investment Registration Certificate (“OIRC”) at a competent state agency. This is one of the important legal documents demonstrating…

Dear Valued Clients, When investing in Vietnam, foreign investors not only need to pay attention to the regulations on investment registration procedures but also need to pay attention to the regulations on opening investment capital accounts to transfer investment money to Vietnam. Accordingly, investors will carry out procedures to open a direct or indirect investment capital account at a licensed bank according to Vietnamese law to transfer investment money according…

Dear Valued Clients, In recent years, Vietnam has become an attractive destination for foreign investors. However, as a way to protect domestic investors, to some investment and business sectors that can have a major impact on society if they are open for investment activities, Vietnam is still setting regulations on technical barriers for foreign investors to access the market, not only to narrow the competitive advantage for domestic businesses, but…

Dear Valued Clients, In recent years, thanks to a favorable business environment, Vietnam is strongly attracting foreign investment capital in many different fields. And with that trend, focusing on and understanding forms of investment is a topic of interest to many international investors. This article will delve into the analysis of investment forms in Vietnam by foreign investors according to Vietnamese law and provide you with a clear overview and…

Dear Valued Clients, The duration of investment projects is the timeframe that an investor registers, and in most cases, is approved by the state authorities to carry out the projects officially. In this article, we will delve into regulations and considerations regarding the timeframe for the operation of investment projects according to Vietnamese law. 1. Concept and Classification of Investment Projects The concept of investment projects is defined in Clause…

    Dear Valued Clients, To have a commercial presence by investing in the form of establishing an economic organization in Vietnam, foreign investors need to carry out procedures to apply for an Investment Registration Certificate (“IRC”) for their project in Vietnam. The IRC is one of the essential legal documents that proves the rights of the investors to implement the project, in which records the information regarding the investment…

Dear Valued Clients, A business cooperation contract (“BCC Contract”) is one of the forms of direct investment and commercial presence of foreign investors in Vietnam. However, the characteristic of this model is that the parties cooperate and carry out joint business investment activities based only on a contract without establishing an enterprise. So what are the benefits and risks of investors in this contractual relationship and this form of investment?…

Dear Valued Clients, Over the past decade, policies to support and encourage businesses to invest abroad have been increasingly improved. This has created favorable conditions to expand investment and business activities, improve competitiveness and increase the rate of participation in the international integration process for domestic enterprises. However, for many different reasons, including internal problems within the project and pressure from external factors, many businesses have had to decide to…