AN ANALYSIS OF FRANCHISING IN VIETNAM FROM THE STANDPOINT OF CORPORATE LAW.

AN ANALYSIS OF FRANCHISING IN VIETNAM FROM THE STANDPOINT OF CORPORATE LAW.

Franchising is a commercial enterprise where the franchisor grants and mandates the franchisee to independently engage in the buying and selling of products and delivery of services, in compliance with appropriate regulatory regulations.

Vietnamese traders or foreign traders considering franchising must officially register their franchising activities with the appropriate authority in compliance with the existing legislative requirements.

 

Therefore, in actuality, franchising is a distinct commercial strategy, and the regulations governing this process also exhibit several variations. And then, when drafting a franchise contract, the management of potential risks that arise should be taken seriously and carefully considered to achieve maximum opportunity costs for the participating parties: risks of violating legal regulations on taxes due to not paying or not paying enough related taxes, business risks related to illegal multi-level sales activities, risks of contract subjects not complying with current legal regulations, risks of names not being in accordance with the legal system, risks of contract forms and regulations on franchise registration according to the law, risks of laws governing contracts not being effective for all parties, risks of contract language, etc.

 

Consulting legal basis: Legal regulations governing commercial matters in 2005; Decree 35/2006/ND-CP; Decree 120/2011/ND-CP; Decree 08/2018/ND-CP; Enterprise Law 2020; Consolidated Document No. 11/VBHN-VPQH Law of Intellectual Property 2022

 

In case that you require guidance or assistance in creating and modifying contracts of any nature, Pls kindly reach out to us for comprehensive and precise instructions. Esteemed regards.

 

 

 

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Dong Du International Accounting, Taxes & Legal Consulting Group HCMC Vietnam, A member of Asia Lawzana Network, Southeast Asia Business Consulting Network

Web: www.japanvietnam.com.vn.; https://ddbis.edu.vn; Facebook/LinkedIn: Dong Du International Accounting & Legal Consulting; https://studio.youtube.com/channel/UC1J_fsNu0vt1mZ-w5w2-Hag/videos/upload?filter=%5B%5D&sort=%7B%22columnType%22%3A%22date%22%2C%22sortOrder%22%3A%22DESCENDING%22%7D;

In case you have needs, please contact us by email: tonitran01092020@gmail.com; Tel/zalo/Whatapps: 090 925 7602

#setting up company atVietnam#accounting# tax# Lawconsulting #coaching # Introduction HR# Riss Assessment# Internal Control

DISCUSSING ABOUT SALES ON AMAZON FROM A BUSINESS LEGAL PERSPECTIVE.

DISCUSSING ABOUT SALES ON AMAZON FROM A BUSINESS LEGAL PERSPECTIVE.

Online sales are not a conditional business line, so you only need to register a business household or establish a company with the code 4791/code 4799 (with the code of each type of goods you trade).

 

Also according to the provisions of Clause 1, Article 55 of Decree 52/2013/ND-CP, traders and organizations must notify the Ministry of Industry and Trade about e-commerce websites for sales established by the traders and organizations themselves to promote trade, sell goods or provide their services. Individuals doing online business via social networks do not have to register their business with the Ministry of Industry and Trade. Thus, in the case of individuals or organizations doing online sales with a store and operating regularly, they must apply for a business license and set up their own website.

 

However, small-scale online business and sales in a spontaneous manner may not require business registration, website registration or licensing from state agencies. However, it is necessary to comply with food safety regulations, not to buy or sell counterfeit goods, counterfeit goods, or those that infringe on the rights of consumers. Furthermore, business people need to comply with the declaration and payment of relevant tax obligations.

 

From the above regulations, it can be seen that the above regulations only apply to direct sales (offline), the relevant law has not specifically regulated online sales, and online business via social networks is not one of the cases exempted from business registration obligations. Therefore, depending on each type of business activity and specific income level, it is possible to determine whether or not business registration is required.

 

Legal basis for consultation: Circular 40/2021/TT-BTC; Clause 1, Article 55, Decree 52/2013/ND-CP

 

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Dong Du International Accounting, Taxes & Legal Consulting Group HCMC Vietnam, A member of Asia Lawzana Network, Southeast Asia Business Consulting Network

Web: www.japanvietnam.com.vn.; https://ddbis.edu.vn; Facebook/LinkedIn: Dong Du International Accounting & Legal Consulting; https://studio.youtube.com/channel/UC1J_fsNu0vt1mZ-w5w2-Hag/videos/upload?filter=%5B%5D&sort=%7B%22columnType%22%3A%22date%22%2C%22sortOrder%22%3A%22DESCENDING%22%7D;

In case you have needs, please contact us by email: tonitran01092020@gmail.com; Tel/zalo/Whatapps: 090 925 7602

#setting up company atVietnam#accounting# tax# Lawconsulting #coaching # Introduction HR# Riss Assessment# Internal Control

DONG DU ENGLISH CLUB

DONG DU ENGLISH CLUB

The English Club is an extremely interesting learning and exchange environment for those who love and want to improve their English skills. With the goal of helping members improve their language skills, the club often organizes many diverse and rich activities. One of the outstanding activities is group discussions, where people can exchange opinions on many different topics, from culture, society to science and technology. These discussions not only help expand vocabulary but also improve communication skills, critical thinking and teamwork.

In addition, the club also regularly invites speakers and guests who are native speakers to exchange and share experiences. Conversations with native speakers bring many benefits, helping members improve pronunciation, intonation, and gain a deeper understanding of how to use language in real-life situations. In addition, the club also organizes extracurricular activities such as picnics, English competitions, and English film screenings, creating a comfortable and fun learning environment.

Joining the English club is not only an opportunity to improve English proficiency but also an opportunity to make friends, expand relationships, and experience new things. Club members are often active, enthusiastic people who share a passion for learning, which creates a close-knit and mutually supportive community. Thanks to useful and meaningful activities, the English club becomes an ideal place to practice language skills and develop yourself.

Internal training & activities within the fiscal year 2020

Internal training & activities within the fiscal year 2020

Dong Du International Consulting Group HCMC, Vietnam, Southeast Asia Business Consulting Network, we specialize in accounting services, corporate tax advice, legal advice, business training, human resource consulting, product & market surveys…over 15 years up to now in the Vietnam market. Currently, we have also built a team of foreign experts from Japan, Taiwan, Europe, Singapore, Thailand, Cambodia … to help customers inside and outside Vietnam to expand appropriate business opportunities as well as possible.[SETTING UP COMPANY, ACCOUNTING, TAX, LAW COMPLIANCE, HR…IN HO CHI MINH, VIET NAM FOR FOREIGN INVESTORS ]

Home page: www.japanvietnam.com.vn. ; https://ddbis.edu.vn.

There are the internal training & acitivities within the fiscal year of 2020.

Sau đây là các hoạt động nội bộ trong group DDC trong năm 2020.