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The new points and notable changes of the Enterprise Law 2020

Law on Enterprises no. 59/2020/QH14 has just been passed by the National Assembly and will come into effect from January 1, 2021. Here are ten (10) new points as well as notable changes of the Enterprise Law 2020 compared with the effective Enterprise Law 2014 before. 1. Regulations on seal sample notification.  Rejecting regulations on...
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The new point of Investment Law 2020

On June 17, 2020, the National Assembly officially adopted the 2020 Investment Law to replace the 2014 Investment Law and will take effect on January 1, 2021. 1. Definition of business investment The Law on Investment 2020 changes the concept of “Business investment”, specifically Clause 8, Article 3 “Business investment” is defined as capital investment...
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Establishment of a foreign-invested language center with the latest implementation conditions and procedures

1. What is a Foreign-invested language center? Accordingly, Clause 3, Article 2 of Circular 21/2018/TT-BGDDT stipulates the definition of Foreign-invested language centers as follows: “Foreign language centers with foreign investment capital invested entirely or partly by foreign economic organizations or individuals to establish and ensure operating conditions as prescribed by law are allowed to use...
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Adjusting Investment Registration Certificate – Things To Know

nvestment Registration Certificate is one of the most important documents that guarantees legal investment practices in Vietnam. What are the procedures when adjusting the Investment Registration Certificate? Let’s find out some current regulations in laws in this article. Illustration 1. What is the investment project? What is Investment Registration Certificate? According to Clause 4 Article...
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Establish a 100% foreign-owned company in the retail industry!

Retail is the selling of goods to other individuals, households, or organizations for consumption purposes. It is one of the potential fields, attracting not only domestic investors but also the attention of foreign investors. Many foreign investors have been exploring access to our country’s retail market. So for foreign investors to establish a 100% foreign-owned...
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