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Tất cả tin tức

KEY FINANCIAL OBLIGATIONS FOR FDI'S COMPANIES

CÔNG TY TNHH SINASEAN VIỆT NAM
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Day 24/03/2025

Sinasean Supports FDI Enterprises with Post-Establishment Accounting & Auditing Services After successfully registering their business in Vietnam, many foreign-invested enterprises (FDIs) face challenges in complying with local accounting standards, tax declarations, and audit obligations. Sinasean provides strategic consultancy and connects FDI companies with trusted accounting and auditing partners to ensure legal compliance and operational efficiency. 📌 Important Notes for FDI Enterprises Regarding Capital Contribution, Annual Audit, and Periodic Reporting 1. Charter Capital Contribution ✅ Deadline: The charter capital must be fully contributed within 90 days from the date of issuance of the Enterprise Registration Certificate (ERC). Contributions must be transferred through a direct investment capital bank account in Vietnam. ✅ Forms of capital: Can be in cash (foreign remittance) or assets (e.g., equipment, machinery) Asset contributions require proper valuation and customs clearance procedures ✅ Non-compliance risks: Administrative penalties Reduction of registered capital Possible license revocation for serious violations 2. Annual Financial Audit ✅ Mandatory Audit Requirement: All FDI companies in Vietnam must have their annual financial statements...

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OFFICIAL DEPARTMENT RESPONSIBLE FOR FDI LICENSING IN VIETNAM

CÔNG TY TNHH SINASEAN VIỆT NAM
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Day 24/03/2025

Sinasean would like to point out a clear list of the main departments and government authorities in Vietnam involved in the FDI registration and approval process, depending on the nature and scope of the investment: 🏛️ Key Government Departments to Apply for FDI in Vietnam 1. Department of Planning and Investment (DPI) 🔹 Main authority responsible for processing: Investment Registration Certificate (IRC) Enterprise Registration Certificate (ERC) Approving investment projects not subject to national-level decision-making 📍 Handled at the provincial or city level where the company is located (e.g., Ho Chi Minh City DPI, Hanoi DPI) 2. Ministry of Planning and Investment (MPI) 🔹 Oversees national-level investment projects, especially: Projects that use large amounts of state-owned land Projects in restricted sectors or exceeding investment thresholds Strategic or cross-provincial investments 📍 Located in Hanoi 3. Industrial Zone or Export Processing Zone Management Boards 🔹 For FDI projects set up inside industrial parks, high-tech zones, or export zones These boards can issue IRC and ERC directly 📍 Examples: HEPZA (HCMC Export...

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FDI REGISTRATION IN VIETNAM: COMPLEX PROCESS, RELIABLE SUPPORTS

CÔNG TY TNHH SINASEAN VIỆT NAM
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Day 24/03/2025

Registering an FDI (Foreign Direct Investment) enterprise in Vietnam involves navigating a complex system of legal procedures, compliance requirements, and multilingual documentation. For foreign investors, self-preparing the FDI license can be challenging, time-consuming, and prone to costly delays. With deep expertise in Vietnam’s business landscape, Sinasean offers end-to-end consulting and execution support for FDI registration, ensuring accuracy, compliance, and efficiency at every step. 📌 Key Points When Preparing FDI Registration Documents in Vietnam 1. Legal Consistency & Accuracy ✅ All company names, personal names, and passport numbers must be consistent across documents ✅ Company name (in English and Vietnamese) must not duplicate existing entities ✅ Carefully check the spelling, signatures, and notarization 2. Clear Investment Project Description ✅ Clearly define the scope of business activities (aligned with Vietnam’s WTO/FTA commitments) ✅ Describe the investment objectives, timeline, and expected outcomes ✅ Specify location of the project (must match land-use planning/zoning) 3. Capital Structure ✅ Define charter capital and total registered investment capital ✅ Ensure...

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PROCEDURE TO REGISTER A FOREIGN DIRECT INVESTMENT (FDI) IN VIETNAM

CÔNG TY TNHH SINASEAN VIỆT NAM
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Day 24/03/2025

Sinasean would like to point out a professional outline of the procedure to register a Foreign Direct Investment (FDI) company in Vietnam (or similarly in other ASEAN countries), ideal for business consultancy content or advisory presentations. 🏢 Consulting on the Procedure to Register an FDI (Foreign Direct Investment) Company Establishing an FDI enterprise requires careful navigation of legal, procedural, and regulatory steps. Sinasean provides end-to-end consultancy to support foreign investors in successfully setting up and operating a business in Vietnam and ASEAN countries. 📋 Step-by-Step FDI Registration Procedure in Vietnam (May vary slightly depending on business sector and location) 1. Pre-licensing Consultation ✅ Evaluate investment project viability ✅ Identify the appropriate legal structure (e.g., LLC, JSC, RO) ✅ Check business lines and WTO/FTA commitments ✅ Conduct location and zoning checks (for specific industries) 2. Apply for the Investment Registration Certificate (IRC) Issued by the Department of Planning and Investment (DPI) 📄 Includes: Investment objectives Investor information Project location, scale, and capital Investment timeline ⏱️ Processing time: ~15...

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KEY AREAS OF BUSINESS LEGAL CONSULTANCY

CÔNG TY TNHH SINASEAN VIỆT NAM
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Day 24/03/2025

Sinasean offers access to reputable legal advisors and local law firms in Vietnam, Korea, and ASEAN countries. We provide tailored legal consultancy as part of our business expansion and G2G advisory services. Business Legal Consultancy involves providing professional legal advice and support to companies regarding their operations, compliance, contracts, and regulatory obligations—especially when entering or expanding in new markets. 🔍 Key Areas of Business Legal Consultancy: Company Formation & Market Entry Advising on legal structures (LLC, JSC, Rep Office, etc.) Assistance with business registration, licensing, and local compliance Contract Drafting & Review Drafting and reviewing commercial agreements (sales, distribution, NDAs, joint ventures) Ensuring legal enforceability and risk mitigation Regulatory Compliance Advising on local laws, foreign investment regulations, and tax obligations Helping navigate industry-specific legal requirements (e.g., tech, pharma, manufacturing) Labor & Employment Law Guidance on hiring, labor contracts, employee benefits, and termination procedures Ensuring compliance with labor codes and dispute prevention Intellectual Property (IP) Protection Trademark, copyright, and patent registration Protection against IP infringement or misuse Dispute Resolution...

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KEY PROTOCOL CONSIDERATIONS FOR EFFECTIVE G2G ENGAGEMENT

CÔNG TY TNHH SINASEAN VIỆT NAM
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Day 24/03/2025

Sinasean Would Like to Emphasize the Following Protocol Considerations for G2G Meetings: 1. Diplomatic Protocol & Formality Use of official titles and ranks (e.g., Minister, Director General) Seating arrangements, flag placement, and national symbols must follow formal etiquette Opening and closing remarks should reflect mutual respect and diplomacy 🏛️ Respecting hierarchy and ceremony sets the tone for long-term cooperation. 2. Agenda Precision Agendas must be clear, pre-approved, and time-bound Avoid last-minute changes or off-topic discussions Focus on shared interests and policy priorities 📋 Well-structured agendas ensure mutual understanding and meaningful dialogue. 3. Interpretation & Language Accuracy Use of professional interpreters (simultaneous or consecutive) is crucial All official documents, presentations, and MOUs should be translated in advance Avoid complex idioms or cultural references that could be misinterpreted 🗣️ Language clarity is key to avoiding diplomatic missteps. 4. Cultural Sensitivity Be mindful of greetings, gestures, dress code, and national customs Respect different decision-making styles and negotiation pace Demonstrate patience and professionalism at all times 🌏 Cultural fluency is a silent but powerful...

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PROCEDURE TO CONDUCT A G2G OFFICIAL MEETING

CÔNG TY TNHH SINASEAN VIỆT NAM
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Day 24/03/2025

From planning to diplomacy — Sinasean ensures every G2G meeting is executed with precision, professionalism, and impact. There are steps of procedure: 1. Pre-Meeting Preparation ✅ Needs Assessment & Objectives Alignment Define clear goals: policy dialogue, cooperation framework, MOU signing, etc. Confirm mutual interests and agenda topics ✅ Stakeholder Identification Identify participating ministries, departments, or public institutions from both sides Appoint focal points or coordinators in each agency ✅ Official Invitation & Diplomatic Protocol Issue formal invitations through diplomatic or institutional channels Ensure adherence to official formats and titles Confirm acceptance and delegation lists ✅ Agenda & Briefing Documents Draft and share a detailed agenda (with time slots and discussion topics) Prepare talking points, presentation materials, and country briefings Translate documents into both working languages 2. Logistical & Protocol Arrangements ✅ Venue & Setting Book a protocol-compliant meeting room (government building, embassy, or conference facility) Set up nameplates, flags, interpretation equipment, and refreshments ✅ Travel & Security Arrange airport reception, hotel booking, and secure ground transport for delegates Coordinate with security teams if...

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