Investing-in-Vietnam - Corporate-Entities -Governance-and-VAT

Published by VIETNAM BRIEFING, DEZAN SHIRA & ASSOCIATES, 2015, 12 pages

Thanks to its socio-political stability and a vibrant business environment, Vietnam has become a highly attractive investment destination for foreign investors in recent years. Due to its developing investment landscape, significant alterations to the legal system continue to open the country up to foreign investors, being either an individual holding a foreign nationality or an organization established under foreign laws doing business in Vietnam. The newly enacted Law on Investment (No. 67/2014/QH13) and Law on Enterprises (No. 68/2014/QH13) introduce a new concept of foreign-invested economic organizations, which are subject to similar investment requirements to foreign investors if at least 51 percent of its charter capital is held by foreign investors.

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