Business cooperation contract (BCC) and processing contract: which is the right choice?

In Vietnam’s dynamic business environment, the Business Cooperation Contract (BCC) and the Processing Contract are

Forms of establishing a foreign-invested company in Vietnam

Currently, when foreign investors wish to establish a company in Vietnam, they can choose one of two methods: direct establishment or indirect establishment, as follows:  1. Direct Establishment of a

Family deduction for dependents who are supportless persons in PIT calculation

In determining taxable income for the calculation of PIT, taxpayers are entitled to certain deductions, including contributions to social insurance, health insurance, unemployment insurance, and other allowances or subsidies as

Key considerations when a branch employs foreign workers

In the context of economic integration, an increasing number of Vietnamese enterprises are expanding their operations and hiring foreign workers. In particular, branches of Vietnamese companies also have a growing

Comparing the vocational training relationship and internship relationship

To meet job requirements, enhance skills, and accumulate practical experience for workers, employers may organize

Understanding the methods of terminating labor contracts and key factors to consider

In an employment relationship, the process begins with recruitment and proceeds through the signing, performance,

Some considerations for the transfer of overseas investment capital

When making offshore investments, Vietnamese Investors must comply with both the laws of Viet Nam

Process of investing abroad for projects not requiring approval for investment policy

The Investment Law 2020 not only allows investors to invest in Vietnam from abroad but

Purposes of foreign loans without Government’s guarantee

Foreign borrowing on a self-borrowing, self-repaying basis through loan agreements and disbursement in cash has

Regulation on elderly employees

Labor Code 2019 defines Employees as individuals who work for employers under a labor agreement,

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