PRACTICES

Doing Business in Vietnam

“DOING BUSINESS IN VIETNAM” is led by (i) Jacob Heilskov Nielsen who was the leader in charge of the investment & corporate compliance of Baker & McKenzie (Vietnam) from 2009 to 2013. Jacob has over 10 years of experience in investment & corporate compliance and cross-border transactions in Vietnam and (ii) Katherine Tran has more than 10 years of experience advising in tax compliance across various tax matters, Kate is Singapore Affiliate ACCA and Licensed Tax Advisor by Vietnam General Department of Taxation.

 INVESTMENT

 

With the comprehensive understanding in terms of legal context of investment procedures and the international business environment in Vietnam, our team is capable of providing our clients with efficient legal advice in structuring and planning corporate investment and inward funding into Vietnam as well as tackling the challenges in their daily operation. Whether setting up a 100% foreign invested enterprise, joint venture, joint stock company, representative office, or finding partnerships and settling negotiations, our strengths and expertise are centered on the specific demands of the client, while simultaneously supporting our client’s business activities and developments in Vietnam.

From our foundation through the present, we have successfully and consistently assisted numerous investors from Denmark, Germany, the United States, Taiwan and Korea in establishing their presence in Vietnam.

 CORPORATE COMPLIANCE 

 

Our corporate practice covers all aspects of corporate activities of business enterprises from different industries and sectors at every stage of their growth and development. Our expertise includes corporate formations and financing.

LE & TRAN’s corporate compliance practice focuses on advising foreign and domestic firms on a wide range of issues relative to corporate management such as the rights and obligations of directors and shareholders, the structure, composition, and processes of the board of directors, disclosure requirements and business combinations and restructuring. A key aspect of this practice consists of providing advice on issues concerning change in control, strategic decision making, and irregularities in preparing and fling required reporting.

Furthermore, we facilitate mergers and acquisitions, joint ventures, and strategic alliances. We also handle strategic technology transactions and restructurings, and we provided general corporate counseling as well. Clients in these scenarios look to us to aid them in developing the most practical and effective solutions to their most challenging issues.

 TAX COMPLIANCE 

 

Our tax compliance team has intensively experienced more than 12 years in advising Vietnam taxation to our clients through a full range of various tax types at their first starting point of business. We have helped minimize their tax risk from complying with value added tax, corporate income tax, personal income tax, foreign contractor withholding tax, and any other taxes which range from advising tax treatments on business expenses, tax policy or tax updates in in the context of frequent changes in legislation, regulations and procedures. Seeking for advice in the tax planning phrase to make use of tax advantage is sometime the purpose the clients reach to us.

Remarkably, we have been assisting multinational clients in employing very well many international tax treatments Vietnam has with other countries such as double taxation agreements, to exploit thoroughly their tax benefits.

Our tax professionals are not only understanding the law rigidly, we are combining legal expertise with accounting knowledge, to make sure our given advice is well understood and applicable and not strayed from real situations, where we know clients need the workable solution.