Phuoc & Partners Vietnam International Law Firm

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Phuoc & Partners Attorneys At Law

Legal Update Newsletter January 2013

Our Part I of this Legal Newsletter is a legal article named “Foreign-Invested Enterprises – An exact definition needed written by our Mr. Bui Tien Long. In this article, we provide our comments on some inconsistences on the determination and application of regulations in term of “foreign-invested enterprises” under the laws of Vietnam.

In Part II, we would like to provide you with some remarkable regulations as follows:

  1. Supplementing more conditions to an enterprise as owner of urban development projects
  2. Some landmark supplements and amendments on procedures of enterprise registration
  3. Addition of the case where customers are residents entitled to capital loan in foreign currency at the credit institutions and the branches of foreign banks
  4. New guidance on finalization of the 2012 personal income tax

Our Question and Answer section in the Part III will provide you with legal information regarding the payment of social insurance, health insurance and unemployment insurance for employees concurrently entering into two labour contracts or more.

Apart from the above, as usual, the selected list of news regulations is available for your further reference.

We hope that this Newsletter is of use to you. Should you have any questions, please feel free to contact us.

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