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Here's a professional and concise description tailored for 1:1 Growth Advisory focused on helping a company enter a new market — perfect for use in a service catalog, website, or proposal: 🌍 1:1 Growth Advisory for Market Entry Sinasean’s 1:1 Growth Advisory is a personalized consulting program designed to guide companies through the complex process of entering a new market, particularly in Vietnam and the ASEAN region. We work closely with business leaders and decision-makers to ensure their expansion is strategic, compliant, and sustainable. 🔹 What’s Included: Market Entry Strategy Design Tailored roadmap for launching in a new country, aligned with your product, industry, and growth objectives. Business Model Localization Refinement of your value proposition to fit local consumer behavior, culture, and competitive dynamics. Legal & Structural Setup Guidance Step-by-step support on choosing the right entity type, ownership structure, and required licenses (IRC/ERC). Regulatory & Compliance Overview Coaching on key legal obligations (tax, labor, insurance, reporting) to ensure a smooth and...

In Vietnam, when a property has multiple registered owners (as shown on the Land Use Rights Certificate, or "Red Book"), the law requires unanimous consent from all co-owners for leasing activities. If one owner signs a lease contract without the consent or power of attorney from the other(s), the contract may be considered legally invalid. Key Consequences of invalid leasing contract: ✅ 1. The lease may be declared null and void The contract can be challenged by the non-signing co-owner(s) Authorities (such as the Department of Planning and Investment) may refuse to accept the lease for purposes like FDI company registration ✅ 2. Rejection of company registration or licensing For FDI enterprises using the leased address as a registered office, an invalid lease can cause: Rejection of the Investment Registration Certificate (IRC) Delays or failure in Enterprise Registration Certificate (ERC) processing ✅ 3. Legal disputes and compensation risks The non-consenting co-owner may initiate a civil lawsuit The tenant may be forced...

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Sinasean would like to provide the information in Accounting Documents Required for an FDI Company in Vietnam.  ✅ 1. Financial Statements (as per Vietnamese Accounting Standards - VAS): Balance Sheet Income Statement (Profit & Loss) Cash Flow Statement Notes to Financial Statements → These are usually prepared monthly/quarterly and annually, and must be audited at year-end. ✅ 2. General Accounting Records: General Journal General Ledger Subsidiary Ledgers (Accounts Payable, Receivable, Inventory, etc.) Trial Balance Reports ✅ 3. Tax Declaration & Reporting Files: Value-Added Tax (VAT) returns Corporate Income Tax (CIT) reports Personal Income Tax (PIT) declarations Foreign Contractor Tax (FCT), if applicable License Tax payment documents ✅ 4. Invoices & Vouchers: E-invoices for sales and purchases (as per e-invoicing regulations) Payment vouchers (receipts, cash disbursement) Bank transaction documents Import-export documents (if applicable) ✅ 5. Payroll & HR Records: Monthly payroll summaries Social insurance declarations Labor contracts and employee income records Leave and overtime tracking ✅ 6. Investment & Capital Documents: Charter capital contribution records Bank statements from the capital account Investment Registration Certificate (IRC) Enterprise Registration Certificate (ERC) Board resolutions related to financial...

With years of experience supporting foreign investors, Sinasean provides strategic consulting and full-service support to help you select and establish the most suitable FDI company type based on your industry, goals, and legal limitations. We handle everything from company formation, licensing (IRC/ERC), capital contribution consulting, office setup, to post-establishment compliance. 📌 Main Types of FDI Enterprises in Vietnam 1. 100% Foreign-Owned Limited Liability Company (LLC) ✅ Entirely owned and controlled by a foreign individual or organization ✅ Full autonomy in operations and decision-making ✅ Common in manufacturing, tech, trading, and consulting sectors 2. Multi-Member Limited Liability Company ✅ Two or more investors (foreign or mixed foreign-Vietnamese ownership) ✅ Capital and responsibilities are divided according to ownership ratio ✅ Suitable for medium to large collaborative projects 3. Joint Venture Company ✅ A partnership between a foreign investor and a Vietnamese partner (individual or enterprise) ✅ Required in conditional business sectors where 100% foreign ownership is restricted ✅ Common in sectors like logistics, education, and distribution 4....

Sinasean consults the business management on term of labor codes as below: Guidance on labor contract templates and onboarding processes Coordination with law firms for work permit and visa applications Connecting with trusted HR, payroll, and labor law advisory partners Ensuring your HR practices align with Vietnamese law and international standards 📌 FDI Enterprises’ Labor Obligations in Vietnam Foreign Direct Investment (FDI) companies operating in Vietnam must comply with the country's Labor Code and related regulations regarding employment practices, labor contracts, social insurance, and workplace conditions. These obligations are essential to ensure legal compliance, employee welfare, and sustainable operations. 🔹 Key Labor Obligations for FDI Enterprises: 1. Labor Contracts & Employment Terms ✅ Sign written labor contracts with all employees (except for casual work under 1 month) ✅ Use the correct contract types: Indefinite term Fixed term (12–36 months) Seasonal or specific jobs ✅ Contracts must clearly state salary, job description, working hours, insurance, and other rights/obligations 2. Internal Labor Regulations (ILRs) ✅ FDI companies...