The loss of a trademark can result in a loss of market access. Genuine products produced by the rightful trademark owner may turn out to be “counterfeits” if the trademark falls into the hands of a competitor. Furthermore, trademark speculators also exploit registered trademarks as a legal tool to undermine the true trademark owner. The following case serves as a typical example, highlighting the ongoing relevance and practical value, while also emphasizing the costly lesson for all business entities in Vietnam. Intellectual property theft and brand infringement are becoming increasingly sophisticated and complex.
Foreign traders are allowed to establish branches or representative offices in Vietnam. However, what should the foreign trader choose to establish between a branch or a representative office?
The current situation that enterprises pay lower wages with the region-based minimum wage for employees is going on based on the employee’s unacknowledged understanding of labor laws. Enterprises shall receive a heavy penalty for this problem.
In order to calculate the payable export tax price, tax rate and export duty price must be known. In order to define the export duty price, it is necessary to know the principles and methods of customs valuation applicable to exported goods
The deprecation of tangible fixed assets is added to the production and business cost of enterprises. Enterprises use the methods for the determination of depreciation of tangible fixed assets determine the depreciation of tangible fixed assets as follows.
The representative office of an enterprise is a dependent unit of the enterprise, but the representative offices of Vietnam companies and foreign companies are not exactly the same.
The historical cost of fixed assets and depreciation period must be defined for the depreciation of tangible fixed assets. Here is the determination of the period of depreciation of tangible fixed assets.
From July 2023, the effectiveness of Circular No. 02/2023/TT-BKHDT causes many new changes in business registration, especially for business households. LuatVietnam would like to collect 10 new points in Circular 02/2023 on business registration.