Our collection of resources based on what we have learned on the ground
Resources
Q&A
What are the downsides of choosing a representative office (RO) to create a sour...
- July 2014
- Free Access
While an RO is relatively easy to establish and maintain, there are fairly limited in terms of operational scope since they cannot actually issue invoices or sign contracts. However, this can be an advantage because it reduces the accounting and tax ...
Q&A
Why choose a limited liability company (LLC) to create a sourcing platform in Vi...
- July 2014
- Free Access
Unlike a representative office, a foreign-invested limited liability company (LLC) can make profits and issue local invoices in Vietnamese Dong (VND) to its customers. Furthermore, the liabilities of the shareholders are limited by the assets they br...
Q&A
What are the differences between a service company and a trading company for set...
- July 2014
- Free Access
A service company is a Limited Liability Company (LLC) that has as its core activity the provision of services to third parties. Foreign investors involved in sourcing activities use this type of company for activities such as providing market and su...
Q&A
What are the concerns to be kept in mind when choosing the most suitable busines...
- July 2014
- Free Access
When selecting the most suitable business model in Vietnam, it is important to carefully balance the capability of each option against the primary needs of the sourcing activities. For example, foreign small and medium sized enterprises (SMEs) that c...
Q&A
Which structure is best for foreign companies that want to explore market possib...
- July 2014
- Free Access
Many traditional buyers tend to lean towards the representative office structure, purely driven by the preference of not having to inject registered capital into Vietnam. For this reason, the RO structure is often recognized as the “safe”...
Q&A
Which limited liability company (LLC) structure is preferred for foreign busines...
- July 2014
- Free Access
For businesses wanting a wider business scope than a representative office (RO) offers them, a trading company structure is usually preferred. This structure allows for the widest possible scope for sourcing, and since the business scope is wide, th...
Q&A
What is the importance of Vietnam?s free trade agreements (FTAs)?
- July 2014
- Free Access
Vietnam has a number of FTAs, but those of particular interest to foreign companies are its FTA with ASEAN and ASEAN’s FTA with India and China. This mean that if a company is manufacturing a product in ASEAN that fits into either China or Indi...
podcast
India Briefing Magazine February 2014 Issue:Taking advantage of India FDI Reform...
- July 2014
- Free Access
Gunjan Sinha, Dezan Shira alumna, discusses the recent changes in FDI regulations in India and how to benefit from them.
podcast
India Briefing Magazine, April 2014: An Introduction to India's Audit Process
- July 2014
- Free Access
Gunjan Sinha, Dezan Shira alumna, discusses the annual audit process in India. She covers the auditing objectives, major types of audits, IFRS/IAS convergence, as well as how to detect fraud along with key consideration a foreign investor should take...
Q&A
Are advertising companies required to get a special license in the Shanghai Free...
- June 2014
- Free Access
On September 26, 2013, China’s State Administration of Industry and Commerce (AIC) issued Suggestions on Supporting the Construction of the Shanghai Free Trade Zone (Suggestions) which, among other things, removed certain restrictions regarding...
Q&A
What is the difference between Production Licensing and China Compulsory Certifi...
- June 2014
- Free Access
The Production Licensing scheme arose out of the need to curb the influx of inferior products on to the market coming from substandard production enterprises. The License thus ensures that only enterprises possessing the basic requirements for produc...
podcast
The Effects of China's New Company Law on Foreign Invested Companies
- June 2014
- Free Access
Fabian Knopf, Senior Associate in Dezan Shira & Associates' Shenzhen office, discusses what has changed with China's new Company Law.
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