Written in Vietnam and read by professionals
in over 160 countries worldwide



Thursday, February 23, 2012




Vietnam Briefing is a magazine and daily news service about doing business in Vietnam. We cover topics relating to the Vietnamese economy, the market in Vietnam, foreign direct investment and Vietnamese law and tax. It is written in-house by the foreign investment professionals at Dezan Shira & Associates



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100% FOEs, JVs and the Promotion of Supporting Industries

For investors looking to make forays into Vietnam, choosing between a wholly foreign-owned enterprise (100% FOE) and a joint venture (JV) can have significant implications, as both have their pros and cons and the permissible establishment details (such as percent of foreign capital contributions) for each varies by sector.

 

As 2012 will be a year of significant change in limitations on foreign ownership regulations for 100% FOEs and JVs, this issue offers a clear snapshot of up-to-date regulations and specific changes to expect in 2012, as well as a useful summary of tax incentives and exemptions. Also, a roadmap and timeline for licensing procedures take the guesswork out of this initial step in establishing a business in Vietnam.

 

The Vietnamese government has also recently issued a number of policies to encourage supporting industries, especially those connected to high-tech. Each eligible project to manufacture supporting industry products (including materials, spare parts, accessories and semi-finished products) can receive the government incentives that we describe here. To help you determine what qualifies as a supporting industry to high-tech, this article includes a comprehensive list of the 46 types of advanced technologyand 76 high-tech products prioritized for investment.

 

 

Including:

·         100%Foreign-owned EnterprisesandJoint Venturesin Vietnam Compared

·         Roadmap and Timeline for Licensing Procedures

·         New Regulation of Supporting Industries, Clarification of Supporting Industries for High-Tech

 

 

To read the full version of this magazine, please purchase this issue in the Asia Briefing Bookstore. Companies requiring assistance may contact Dezan Shira & Associatesat info@dezshira.comor visit www.dezshira.com.


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Dezan Shira & Associates provide a range of services for companies looking to undertake foreign direct investment into Asia, These include corporate establishment, accounting, tax, payroll, audit and due diligence. To learn more about the firm, please contact one of our specialists at vietnam@dezshira.com, download our corporate brochure or visit at us www.dezshira.com


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