The right to lease in a land lease agreement is a newly introduced right under Land Law No. 31/2024/QH15 (“Land Law 2024”). This article discusses several legal issues related to the right to lease in land lease agreements of economic organizations and foreign-invested economic organizations under the provisions of Land Law 2024. (1) Right to […]
Law No. 57/2024/QH15 supplements regulations on special investment procedures into the Investment Law No. 61/2020/QH14 under Article 36a (“Investment Law“). On February 10, 2025, the Government issued Decree No. 19/2025/ND-CP, detailing the implementation of the Investment Law regarding special investment procedures (“Decree 19“). This article provides a summary of the special investment procedures stipulated in […]
BFSC Law LLC is pleased to announce that, as of February 6, 2025, our Hanoi Office will operate at the following new address: Suite 1034, 10th Floor, Pacific Place Building 83B Ly Thuong Kiet Street, Tran Hung Dao Ward, Hoan Kiem District, Hanoi, Vietnam. We look forward to welcoming our valued clients at our new […]
Dear Valued Clients, BFSC Law Firm is pleased to announce the Lunar New Year (Ất Tỵ) holiday schedule as follows: Holiday Start Date: January 25, 2025 (26th day of the 12th lunar month) Work Resumption Date: February 3, 2025 (6th day of the 1st lunar month) We wish you and your family a joyous and […]
Be careful with the regulations on “the exclusive jurisdiction of Vietnamese Courts” in choosing foreign Arbitrator and Court to resolve capital and share disputes related to enterprise with rights over real estates in the territory of Vietnam. Parties participating in transactions that are foreign organizations and individuals tend to choose foreign Arbitrator or Court to […]
On November 29, 2023, the National Assembly adopts Resolution No. 107/2023/QH15 on imposition of top-up enterprise income tax under the Global Anti-Base Erosion Rules. Bellows are a number of remarkable contents of this Resolution. 1. To apply the tax rate of 15% for taxpayers who are constituent entities of multinational enterprise (MNE) Groups which earn an annual […]
Dear Our Valued Customers, BFSC Law Firm wishes you and your family a Merry Christmas and a Successful and Happy New Year 2024. Yours sincerely,
On October 24, 2023, the Ministry of Agriculture and Rural Development issues Circular No. 09/2023/TT-BNNPTNT, promulgating the List of pesticides permitted for use in Vietnam and the List of pesticides banned from use in Vietnam. 1. Pesticides for use in agriculture include: – Insecticides: 712 active ingredients with 1,725 trade names. – Fungicides: 683 active ingredients with […]
On September 07, 2023, the Government issues Decree No. 68/2023/ND-CP amending and supplementing a number of articles of the Government’s Decree No. 115/2022/ND-CP of December 30, 2022, on Vietnam’s Preferential Export Tariff and Special Preferential Import Tariff to implement the Comprehensive and Progressive Agreement for Trans-Pacific Partnership for the 2022-2027 period. 1. Add the duty rates […]
On October 03, 2023, the Prime Minister issues Decision No. 25/2023/QD-TTg on reduction of land rental for 2023. 1. Subject entitled to land rental reduction include: Organizations, units, enterprises, households and individuals directly leasing land from the State with annual land rental payment under competent state agencies’ decisions or contracts or certificates of land use rights and ownership […]
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