Investing in Vietnam: Corporate Entities, Governance and VAT – New Issue of Vietnam Briefing Magazine

The new issue of Vietnam Briefing magazine, titled “Investing in Vietnam: Corporate Entities, Governance and VAT“, is out now and available as a complimentary download in the Asia Briefing Bookstore.

Contents

• Forms of Investment for Foreign Companies in Vietnam
• Understanding Corporate Governance in Vietnam
• Getting to Grips with Vietnam’s Taxes & VAT Invoices

Vietnam’s new Enterprise and Investment Laws, in effect from July 1, 2015, have changed the country’s investment landscape. Foreign investors still face restrictions on doing business here, but fewer than before. The framework for corporate governance is enshrined in this legislation and must be considered when hiring a team in Vietnam to fill roles required under the law. These requirements are especially important when writing responsibilities into employment contracts.

Concerns of investors putting their money into a country with a developing legal framework are understandable. Laws in Vietnam are sometimes released without relevant implementing regulations, leaving the situation unclear. This is why expert guidance of experienced professionals who work in liaison with the government is so critical when establishing a presence in Vietnam.

RELATED: Dezan Shira & Associates’ Corporate Establishment Services

In this issue of Vietnam Briefing, we highlight the forms of corporate presence available to foreign investors in Vietnam. We take a look at the country’s system of corporate governance, and discuss how the form of presence a company chooses affects its obligations from a governance perspective. Finally, we examine Vietnam’s VAT and invoice system which, as elsewhere in the region, is tightly controlled.

For foreign companies selecting an Asian country in which to invest, Vietnam is a more attractive option now than ever before. As the country’s new Investment Law comes into effect, we hope that you find this issue of Vietnam Briefing a useful starting point for establishing your business here.

Import and Export: A Guide to Trade in Vietnam

In this issue of Vietnam Briefing Magazine, we provide you with a clear understanding of the current business trends related to trade in Vietnam, as well as explaining how to set up your trading business in the country. We also attempt to give perspective on what will be Vietnam’s place in the Association of Southeast Asian Nations (ASEAN) in 2015, and look at some of the country’s key import and export regulations.

Tax, Accounting, and Audit in Vietnam 2014-2015
The first edition of Tax, Accounting, and Audit in Vietnam, published in 2014, offers a comprehensive overview of the major taxes foreign investors are likely to encounter when establishing or operating a business in Vietnam, as well as other tax-relevant obligations. This concise, detailed, yet pragmatic guide is ideal for CFOs, compliance officers and heads of accounting who need to be able to navigate the complex tax and accounting landscape in Vietnam in order to effectively manage and strategically plan their Vietnam operations.
E-Commerce in Vietnam: Trends, Tax Policies & Regulatory Framework
In this issue of Vietnam Briefing Magazine, we provide readers with a complete understanding of Vietnam’s e-commerce industry. We begin by highlighting existing trends in the market, paying special attention to scope for foreign investment. We look at means for online sellers to receive payment in Vietnam, examine the industry’s tax and regulatory framework, and discuss how a foreign retailer can actually establish an online company in Vietnam.

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