FAQs

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FAQs

About Legal

What are the procedures for registering an investment permit in Vietnam?

The application is submitted to the Department of Planning and Investment or the Industrial Park Management Board, depending on the project location. 

How is the Investment Registration Certificate different from the Investment License?

The Investment License is no longer issued and has been replaced by the Investment Registration Certificate since the 2014 Investment Law. 

What types of permits do foreign investors need to invest in Vietnam?

Investors need an Investment Registration Certificate, a business license, and specific permits depending on the industry. 

Can we receive legal consulting online?

Yes, we provide online consulting via email, video calls, or chat.

What is your company’s workflow from case reception to completion?

The process includes initial consultation, legal assessment, planning, and executing the case.

What legal consulting services does your company provide?

We provide consulting in areas such as contracts, corporate law, investment, intellectual property, and civil disputes.

About Accounting&Tax

What factors should the management accounting process ensure within a business?

Management accounting must ensure the provision of accurate and timely data to support business planning and decision-making.

Are small businesses required to prepare financial statements?

Yes, small businesses are still required to prepare financial statements under the law, though the reporting scope may be simpler.

What regulations apply to the audit of business financial statements?

Large businesses and listed companies must have their financial statements audited annually by independent auditing firms.

What is the process for preparing tax reports in Vietnam?

Businesses are required to submit monthly, quarterly, and annual tax reports depending on the type of tax, including corporate income tax, VAT, and personal income tax.

What accounting regulations should businesses be aware of when operating in Vietnam?

Businesses must comply with financial accounting regulations, submit tax reports, and prepare periodic financial statements as required by Vietnamese law.

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