A branch office constitutes an integral component of a business enterprise’s operational activities, facilitating the expansion of its operational scope and enabling more effective customer outreach. However, a significant legal inquiry arises as to whether a branch possesses legal…
Payroll service for foreign representative offices is a professional service to support the unit in managing and performing payroll-related tasks for employees. This service covers the entire process from salary calculation, PIT, social insurance payment, to labor-related administrative procedures.…
The National Day Holiday on September 2nd is always eagerly anticipated by the Vietnamese people. Individuals have to temporarily set aside the hustle and bustle of everyday life to reunite with their families and to cherish meaningful moments together…
Do businesses have to compensate employees if they pay wages late? Salaries are the most fundamental benefit for employees. Correspondingly, paying wages is the basic obligation of the enterprises (employers) to the employees. However, there are many cases where…
Human resource management, payroll calculation and salary deductions are important jobs of every accountant at the company. Thus, how to build a reasonable salary scale to ensure the interests of employees as well as optimize personnel costs in the…
Discover the essential types of companies you can set up in the UK, from private limited companies to partnerships, helping entrepreneurs choose the right business structure for successful market entry and growth. The United Kingdom, with its status as…
(under Decree 20/2025) On February 10, 2025, the Government issued Decree No. 20/2025/ND-CP amending and supplementing several articles of Decree No. 132/2020/ND-CP on tax for enterprises having related party transactions. This Decree will take effect from March 27, 2025,…
Navigating the process of dissolving an enterprise in Vietnam requires careful attention to several mandatory procedural tasks that business owners must complete to ensure legal compliance with the country’s regulatory framework. When deciding to dissolve an enterprise, owners need…
A business capital contribution contract is a legal document signed between participating parties, in which one or more parties commit to contributing capital to a project or business for business purposes. This contract is a crucial legal document that…
Blockchain technology (blockchain) is increasingly becoming an important part of the digital economy, and Vietnam is not left out in the development of a legal framework for this technology. On October 22, 2024, the Government of Vietnam issued Decision…