Phuoc & Partners Vietnam International Law Firm

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Phuoc & Partners Attorneys At Law

Legal Update Newsletter –  September 2016

Our Part I of this Legal Newsletter introduces the legal article titled “Labour transfers in M&A transactions” written by our lawyers, Ms. Nguyen Van Quynh and Ms. Ngo Thi Diem. In this article, the authors have raised the importance of the clarification the change in the employer as well as the obligations arising for the employer in the asset and capital transfer transactions – two transaction ways M&A are most common today. Besides, the article also focused on the analysis of legal risks relating to the transfer of labour arising from M & A transactions under the Vietnam labour law perspective as well as the important notices to avoid legal risks for the parties in the transaction.

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

  1. Fresh guidelines on accounting regime for small and medium-size enterprises
  2. Detailed regulations on some articles of the law in value added tax
  3. Guiding the implementation of a number of provisions of the Bankruptcy Law 2014

Apart from the above, as usual, our Part III will provide you with a selected list of new regulations issued in September 2016 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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