Author Archives: vnscorpion

Tax is a compulsory contribution to state revenue as well as a tool of economy management. Therefore, enterprises have their duties to perform tax accounting. Tax accounting could be understood as a process of performing tasks serving tax declaration and payment. Tax declaration and payment shall be follow the law. Besides that, tax accounting helps […]

BCC contract is a type of contract singed between investors to devide profits or products without establishing an economic entity. This form of cooperation brings some advantages to the investors such as: time-saving and cost-saving for not doing the formality to set up a business organization; helping other investors to overcome their shortages in the […]

A merger is a corporate strategy of combining different companies (merged companies)  into a single company (merging company) in order to enhance the financial and operational strengths of both organizations, which terminates the existence of the merged companies . In Vietnam, the procedure of merger is a lot involved in Administrative formalities and this procedure is governed […]

In business activities of enterprises, payment for employees take a huge portion in the budget. To make the levy of personal income tax more convenient, the obligations to perform tax audit for this kind of tax belongs to enterprises, as prescribed by the law. According to the law on tax administration, tax audit is determination […]

Investors who intend to invest in Vietnam pay much attention on 100% foreign owned limited liability company (often called as LLC). This is a common legal enterprise form providing its owners with limited liability. Since the day the Law on Investment 2014 and the Law on Enterprise 2014 of Vietnam took effects, it is recorded […]

Overseas study consultation service is a conditional business line as regulated in the Law No. 03/2016/QH14 on amendment and supplement to Article 6 and Annex 4 on the list of conditional business lines. To establish an enterprise and run your business in this field, the enterprise shall get some certificates and licenses lawfully. To give […]