Banking market entry into Vietnam

Vietnam’s banking sector has shown significant improvement which results from stable inflation and interested rate

FMCG business consultant in Vietnam

With increasing disposable income, rising living standard, stable GDP and economic growth, young population and low inflation

Real Estate business consultant in Vietnam

Hundreds of millions of dollars are waiting to pour into Vietnam real estate market in most segments.

Oil Gas business consultant in Vietnam

Vietnam oil and gas industry has a great potential as it plays a vital role in Vietnam’s industrial development.

Thứ Ba, 12 tháng 10, 2021

Conditions of Foreigner on Adoption in Vietnam | ANT Lawyers

Nowadays, foreigners from other countries wish to adopt children in Vietnam and bring them up to his/her country for custody. Vietnam in the meantime encourages the adoption for the better conditions on life environment, education system which would bring to the children when living with the new family. However, the adoption conditions are still regulated strictly and its acceptance procedures are considered and controlled stringently by competent authorities of the Government.

ANT Lawyers will provide to you the regulated conditions of the adoptive parents need to be met as below:

GENERAL CONDITIONS OF THE ADOPTIVE PARENT



The adoptive parent has to meet fully conditions as below for adoption:
Having full civil act capacity;
Being 20 years or more older than the adopted person;
Having health, financial and accommodation conditions for assuring the care for and nurture and education of the adopted child.
Having good ethical qualities.

And not being one these following cases:
Having some of the parental rights over a minor child restricted:
Currently serving an administrative handling decision at an educational institution or medical treatment establishment;
Currently serving an imprisonment penalty:
Having a criminal record of commission of any of the crimes: intentionally infringing upon another’s life, health, dignity and honor; maltreating or persecuting one’s grandparents, parents, spouse, children, grandchildren or caretaker; enticing or compelling a minor to violate the law or harboring a minor violator; trafficking in. fraudulently swapping or appropriating children, which has not been remitted yet.

CONDITIONS OF THE FOREIGNER ADOPTIVE PARENTS

After meeting fully conditions above, Vietnamese living abroad, foreigners permanently living abroad will be entitled to adopt identified Vietnamese children if they fall into the following cases:
Being the step father or step mother of the to-be-adopted child;
Being natural aunt or uncle of the to-be-adopted child;
Having adopted a child who is a sibling of the to-be-adopted child;
Adopting a child who is disabled or infected with HIV/AIDS or another dangerous disease, including: children with cleft lip and cleft palate, children who are blinded with one or two eyes; mutism, deaf; dumb; children with curved arms or legs, children with missing fingers, hands, foot (feet), toes, children infected with HIV; children with heart diseases; children with navel, groin, belly hernia; children without an anus or sexual organ; children with blood disease; children with diseases requiring life-long treatment; children with other disabilities or dangerous disease which restricting the chances of adoption;
Being foreigners currently working or studying in Vietnam for at least 1 year.

Thứ Hai, 11 tháng 10, 2021

International Trade and Tax | ANT Lawyers

Our international trade and tax practice at ANT Lawyers help clients with the following:

Regularly update international manufacturers, exporters and importers on latest trade regulations and import-export tariffs of Vietnam;

Provide advice on WTO disputes, international and regional trade agreements in relation to Vietnam as member, Vietnam laws in regard of international trade disputes, anti-dumping, shipping, customs, import and export control, and other trade-related issues.


Provide tax advice, tax compliance, and general tax consulting to various industries including banking, power, automobile, telecom, services, trading and manufacturing sectors on Corporate Income Tax, Personal Income Tax, Value Added Tax, Foreign Contractor Withholding Tax in Vietnam.

Please contact us for inquiries through email ant@antlawyers.vn, call our office at +84 28 730 86 529 or talk to our partner directly at + 84 912 817 823.

Let ANT Lawyers help your business in Vietnam.


Thứ Năm, 7 tháng 10, 2021

Tax Obligations of Representative Offices in Vietnam | ANT Lawyers

Foreign entities have found Vietnam as an increasing attractive destination for investment. They could consider entering Vietnam in various forms, including setting up representative offices.



“A representative office is a dependent unit of the enterprise, having the task of representing under authorization the interests of the enterprise and protecting such interests” (Clause 2 of article 45, Law on Enterprises 2014). “Representative office shall perform the functions of liaison offices, market surveys, promotion of business opportunities for traders they represent, excluding those in which the establishment of representative offices in that field, it is stipulated in specialized legal documents” (Article 30 – Decree No.07/2016/ND-CP decree detailed regulations on establishment of representative offices or branches of foreign traders in Vietnam under Laws on Commerce).

A representative office is a dependent unit of a foreign enterprise in Vietnam, and it acts under the authorization of foreign enterprises. Representative office shall not conduct business activities therefore, the tax obligations of the representative office are limited, such as:

Firstly, as representative office does not involve profit making activity, hence there are no Value Added Tax, Corporate Income Tax, Annual Due incurred.

Secondly, representative office has to register its tax code, to deduct and pay Personal Income Tax on behalf of its employees working in the representative office or deduct and pay contractor taxes for foreign sub-contractors (if any).

International Law Firm in Vietnam | ANT Lawyers

 ANT Lawyers is Vietnam exclusive member of Prae Legal, an international law firm network, providing full ranges of legal services



Prae Legal Network provides clients with access to global legal resources through its vast network of well-established 242 law offices in trade centers in 129 countries.

Our respectable and influential professionals are experienced in all fields of law. We are ready to provide legal solutions to companies and people all around the world for their legal needs. We can help when you would do business transactions in the most challenging parts of the world.

Prae Legal provides comprehensive legal expertise in almost all major practice and industry areas. We have general and subject specific legal expertise that could be applied to different needs of each industry. An industry will be interested in legal developments affecting its own business and legal environment.

Vietnam International Law Firm

For Vietnam legal matters or services, the clients could reach ANT Lawyers, the exclusive Vietnam law firm members via email at vietnam@praelegal.de or ant@antlawyers.vn or call the telephone at (+84) 28 730 86 529.

Together with global law firm partners, ANT Lawyers has the capability to provide in depth legal assistance in the following practice areas:

  • Agricultural & Agribusiness
  • Antitrust, Competition and Trade Group
  • Automotive
  • Aviation
  • Banking and Financial Services
  • Business Crimes and Compliance
  • Capital Markets
  • Construction and Infrastructure
  • Corporate Organizations and Securities
  • Employee Benefits and Pensions
  • Employment and Labor Law
  • Energy and Natural Resources
  • Environmental
  • Government Affairs
  • Health Care Industries
  • Immigration
  • Insolvency, Bankruptcy and Restructuring
  • Insurance and Reinsurance
  • Intellectual Property
  • Life Sciences
  • Litigation, Arbitration and Dispute Resolution
  • Media, Entertainment and Sports
  • Mergers and Acquisitions
  • Private Equity
  • Project Finance
  • Real Estate
  • Tax
  • Technology, Outsourcing and Privacy
  • Telecommunications
  • Products Liability and Toxic Tort
  • Trademarks, Copyrights, Trade Secrets and Unfair Competition
  • Product Liability and Product Safety
  • Cross-Border Transactions
  • E-Commerce & Technology
  • Product Liability and Product Safety