Start your electronics manufacturing services company in Vietnam
The shift to electronics manufacturing industries and electronic motherboard companies of direct foreign investment capitals in Vietnam has increased more and more. The big corporations such as Samsung, Microsoft and LG now have a tendency to move their manufacturing units and manufacturing factories to Vietnam. With these advantages, the electronics manufacturing service companies or the electronics factories have many favorable conditions to develop. So what are the procedures for an electronics manufacturing services company to be established?
Support policies for Covid-19-stricken enterprises in Vietnam
On realizing that business and production activities are badly impacted by Covid-19, the State has put forward a lot of policies aimed at supporting enterprises to overcome this difficult situation. In addition to the tax support policy, the following article will provide information on the latest policies to remove difficulties for businesses.
Extending deadline for paying tax, exempting penalty tax of late payment for enterprises suffering from Covid-19
The Covid-19 epidemic is developing complicatedly and unpredictably. Thus, many businesses have suffered great losses, had difficulties in manufacturing and consuming goods and services, and have been unable to pay taxes on time due to the impact of the epidemic. To promptly remove difficulties for taxpayers suffering from the Covid-19 epidemic, contributing to helping taxpayers stabilise production and overcome difficulties, the General Department of Taxation issued document No. 897/TCT-QLN dated March 3, 2020, requesting tax departments of provinces and cities to extend the deadline of paying tax and exempt penalty tax of late payment for taxpayers in accordance with the Law on Tax Management and guidance documents.
Visas options open up for overseas investors
Non-nationals with differing investment scales in Vietnam will be granted different visas in the country, making it more favorable for authorized agencies to apply incentives to certain initiatives. After continuous debate and revisions, the National Assembly (NA) last week adopted the revised Law on Foreigners’ Entry into, Exit from, Transit through and Residence in Vietnam, which will take effect on July 1, 2020.
New social insurance contribution for foreign enterprises
By new policies for attracting talented foreigners, Vietnam guarantees the regulation for foreign workers living in Vietnam in general and the regulation when participating in social insurance in particular. In any industrial park such as Binh Duong industrial park and Long An industrial park, almost enterprises are aware of executing this scheme. The following article will give you more information about the 2019 social insurance premium for foreigners.
What types of taxes in Vietnam will be imposed on foreign enterprises?
Currently, foreign enterprises are massively investing in many projects in Vietnam. So, which types of taxes in Vietnam will be imposed on enterprises who need to rent factory? Kindly refer to the article below.
4 Benefits of registering exclusive products
Currently, many cosmetics manufacturing companies are appearing in the market. Though, how to make the brand famous and reputable to consumers? Exclusive product registration is essential for companies that help bring many tremendous advantages and protect enterprises’ interests.
3 Cosmetics promulgating procedures in Vietnam you have to know
Cosmetic promulgation is essential for every business agency if they want to circulate their products widely in the market. However, new manufacturers have some difficulties in registering procedures. Refer to the below article to solve your problems.
Procedures for establishing a cosmetic manufacturing company in Vietnam
Higher living standards have increased human demands for high-quality cosmetics. The cosmetic industry is always the orientation for which a lot of enterprises are aiming. Therefore, many cosmetic manufacturing companies are appearing with diverse segments in the Vietnamese market.So what are the procedures to establish a cosmetic manufacturing company?
Licensing factory construction in Vietnam need up to 166 days
The US-China trade war has greatly affected the world economy. However, Vietnam is benefiting from this upheaval. There are many enterprises relocating their operations from China to Vietnam. This means that the trend of building factories to operate will thrive. However, the problem is that the waiting time for construction permit procedures is too long. This is also the reason why many enterprises turn to factory renting solutions. And in the South in particular, workshop leasing services in Binh Duong, Dong Nai, Ho Chi Minh City and Long An have achieved much success. The following article will analyze the issues related to this situation.
