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Publications

‘Advance in Vietnam’ Episode 3: Managing Compliance and Risk – How businesses cope with Covid-19 in Vietnam?

 

In this Episode of “Advance in Vietnam” Podcast Series, Vlad Savin is discussing with Matthew Lourey, Managing Partner at Domicile Corporate Services about how companies in Vietnam can maintain compliance and ensure their business continuity plan is sustainable. How can businesses put in place a clear corporate governance framework, covering all levels of compliance and operational strategy? And, how can they integrate these with an efficient risk management approach and a clear employee engagement and protection policy, to overcome the difficulties they are facing and maintain their ability to operate?

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Corporate Governance & Compliance in Vietnam for 2020, Following the Impacts of Covid-19

 

With companies active in Vietnam impacted by the current Covid-19 situation, and facing structural and operational complications., it is important to be able to maintain compliance and ensure their business continuity plan is sustainable. Therefore, businesses need to have in place a clear corporate governance framework, covering all levels of compliance and operational strategy. Integrating these with an efficient risk management approach and a clear employee engagement and protection policy, businesses in Vietnam can overcome the difficulties they are facing and maintain their ability to operate.

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Client Update: Legal Representative & Residency Requirements with Covid-19

 

Vietnam has taken drastic measures in the last few weeks to limit the exposure and spread of Covid-19, limiting immigration and travel rights for foreign individuals entering the country, in order to maintain control.

This however poses significant statutory compliance risks for foreign investors who are currently operating in country, and where their designated Legal Representatives of the Vietnamese entities are not currently in country or are not able to enter the country.

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Client Update: Work Permits, TRC’s and Visas in Vietnam with Covid-19

 

In recent weeks, in combination with the effective closure of Vietnam’s borders for foreign individuals, there has been concern and confusion with how Work Permits, Temporary Resident Cards and Visas are being processed for foreign individuals in Vietnam. Those with expiring documents have been most concerned and frustrated with the current situation in Vietnam.

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‘Advance in Vietnam’ Episode 2: Registering a foreign owned company in Vietnam. How does it work?

 

In the second Episode of “Advance in Vietnam” Podcast Series, Vlad Savin is discussing with Matthew Lourey, Managing Partner at Domicile Corporate Services the most important questions investors ask when registering a foreign owned company in Vietnam, covering the main steps to obtain the needed certificates, and explaining in detail what are the key processes and procedures.

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Client Alert, March 2020: Labour Implications in Vietnam with Covid-19

 

The impacts of Covid-19 continue to be felt globally, with businesses in Vietnam being effected by downturns across many sectors. As part of the planning on how to manage business continuity and control costs, understanding the rights and responsibilities with respect to employment and staff is essential. 

Below, we look at some of the key issues facing businesses in Vietnam with respect to labour management in light of Covid-19. 

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Client Alert, March 2020: Proposed Vietnam Tax Support - Covid-19

 

On 11 March 2020, the Ministry of Finance issued a draft Decree to defer certain tax payments to support businesses that are effected are impacted by Covid-19. The final draft is intended to be submitted to the Government for approval shortly, after feedback and comments have been sought from the community.

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Vietnam Tax & Accounting Update March 2020

 

This March 2020 publication of Tax and Accounting Updates looks at a Decree amending Business License Tax payments, along with our regular review of recent Official Letters released by Tax Authorities and similar agencies.

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‘Advance in Vietnam’ Episode 1: Why is Chief Accountant a critical role within a Vietnamese organisation?

 

In the first Episode of “Advance in Vietnam” Podcast Series, Vlad Savin is discussing with Matthew Lourey, Managing Partner at Domicile Corporate Services about the role, responsibilities and functions of one of the most important statutory positions in a Vietnamese corporation from a compliance perspective: the Chief Accountant.

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