Any third party may file a request with the Intellectual Property Office of Vietnam to cancel the registration of a trademark if it has not been utilized by its owner for five years from the date of registration.
Invalidation of patents (known as "patent invalidation”) is a legal procedure established in most countries with intellectual property (IP) protection laws, which allows a third party to challenge the validity of a patent. In Vietnam, this process involves submitting a request for invalidation of a specific patent to the Intellectual Property Office of Vietnam (IP VIETNAM) along with relevant supporting information and documents, subject to prescribed fees.
Here are the new points of Decree No. 44/2023/ND-CP compared with Decree No. 15/2022/ND-CP on tax exemption and reduction policies.
The e-commerce business has been creating great profits for businessmen. However, all businessmen must satisfy strict regulations and register with authorized agencies under the Government’s administration.
Excise tax is levied on certain types of goods, so whether goods traded in the export processing zones are liable for excise tax or not?
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 VAT tax rate is the payable tax rate per unit of tax-liable goods and services. The VAT tax rates include three levels: 0%, 5%, and 10%.
The tax rate of 0% and objects not liable to VAT are both exempted from tax. However, there are some differences between these two types of taxes.
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.
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