TAXATION REGISTRATION What are the main characteristics of the Business Licence Fee (BLF) in Vietnam? Similar to other business entities in Vietnam, FIEs are required to pay BLT on the annual basis at the beginning of a calendar year. The tax amount is based on the entity’s legal capital/ investment capital as follows: Levels of […]

Investors of a foreign-invested company in Vietnam who lend money to their own company can have their loans converted into contributed capital. Besides the loans must be either registered or reported to the State Bank of Vietnam depending on whether short-term or long-term loans as regulated by the regulation on the foreign loans and borrowings, […]

Following Company Law 2020, the capital contribution for establishing a company could be in a form of cash, gold, or other assets. In this article, we address the capital contribution in cash. Having supported a variety of foreign-invested companies and entrepreneurs in Vietnam in establishing the business in terms of legal, accounting, and tax, we […]