On March 3, 2025, the Government issued Decree No 57/2025/ND-CP, regulating the direct power purchase mechanism between renewable energy generators and large electricity consumers (“Decree 57”). Decree 57 will take effect on March 3, 2025, and replace Decree No 80/2024/ND-CP dated July 3, 2024. Simi...
On November 29, 2024, the 15th National Assembly passed Law No. 56/2024/QH15, amending and supplementing several provisions of the Securities Law No. 54/2019/QH14 (“Securities Law 2019″). These amendments will mostly take effect on January 1, 2025, while specific provisions, including re...
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 organizat...
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...
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 clie...
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...
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 en...
BFSC Law Firm is considered as one of the leading Law firms in Vietnam for investors, enterprises and corporations to choose when they face any disputes needed to be resolved.
Organizational structure of joint stock companies Joint stock company is the business entity that is expected to bring the strongest development ability among all types of businesses. Due to the itself open nature, the organizational structure is more complicated. In the following article, the aut...
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