Jan. 17 – The new issue of Vietnam Briefing Magazine, titled 100% FOEs, JVs and the Promotion of Supporting Industries, is out now and is immediately available as a complimentary PDF download on the Asia Briefing Bookstore.
For investors looking to make forays into Vietnam, choosing between a wholly foreign-owned enterprise (100 percent 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 vary by sector.
As 2012 will be a year of significant change in limitations on foreign ownership regulations for 100 percent 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, we include a comprehensive list of the 46 types of advanced technology and 76 high-tech products prioritized for investment.
In this issue:
- 100% Foreign-owned Enterprises and Joint Ventures in Vietnam Compared
- Roadmap and Timeline for Licensing Procedures
- New Regulation of Supporting Industries, Clarification of Supporting Industries for High-Tech
100% FOEs, JVs and the Promotion of Supporting Industries, is out now and is immediately available as a complimentary PDF download on the Asia Briefing Bookstore.
Dezan Shira & Associates is a boutique professional services firm providing foreign direct investment business advisory, tax, accounting, payroll and due diligence services for multinational clients in China, Hong Kong, India, Singapore and Vietnam. For further information, please email vietnam@dezshira.com, visit www.dezshira.com, or download the firm’s brochure here.
