Insight
The director, legal representative of LLC was arrested – Who takeover?
The company must ensure that there is always a representative to carry out civil transactions. If the legal representative is arrested, a replacement must be found. Legal grounds: Enterprise Law...
Doing business in Vietnam but unregistered business lines – Still accepted?
Enterprises in Vietnam are free to do business in sectors not prohibited by law, but must carry out necessary procedures to limit risks. Legal grounds: Enterprise Law 2020; Decree No....
Profits from rental of a private property is a house – Common or separate property?
Husband and wife have the right to own separate property during the marriage and put that property into business. However, it should be noted about the income arising from this...
Commercial contracts – Note when applying fines for violations
Penalty for breach of contract is a remedy for violations. However, in order to apply the penalty, the contract must be valid and has fines term. Legal grounds: Commercial Law...
Working from home – No need to pay social insurance?
Persons working under labor contracts with a term of 01 month or more are required to participate in compulsory social insurance. Legal grounds: Law on Social Insurance 2014. We get...
Rent an apartment as a working place – Note the cost of managing the apartment building
Businesses can rent apartments of individuals to use as business locations. However, not all costs related to the use of the apartment are accepted. Legal grounds: Circular No. 78/2014/TT-BTC; Circular...
Changing structure and technology – To lay off many workers, but re-employ from labor subleasing service?
When enterprises have to lay off many employees due to economic difficulties or change in technological structure, can they use workers from labor subleasing service? Legal grounds: Labor Code 2019;...
Expenses electricity, water – not deducted when determining CIT in Vietnam if…?
Electricity and water are services that most businesses have to use during their business, but if there are not enough documents, these cost may not be accepted. Legal grounds: Circular...
Late submitting of tax returns in Vietnam – How is the administrative penalty?
Enterprises are obliged to declare and pay taxes by themselves according to the provisions of Vietnam law. In case of late submitting, there will be administrative penalties. Legal grounds: Decree...
Member of the Board of Directors – Must pay compulsory social insurance?
A member of the Board of Directors is an enterprise manager and may receive salary, remuneration, bonus and other regimes according to regulations. Legal grounds: Enterprise Law 2020; Law on...
