Our collection of resources based on what we have learned on the ground

Resources

Q&A

What is the corporate governance structure of foreign-invested multi-member limi...

What is the corporate governance structure of foreign-invested multi-member limi...

Multi-member limited liability companies (LLCs), among the most popular foreign-invested enterprises in Vietnam, are managed by a Member’s Council which directs major strategy changes and annual business plans. The Member Council Chairman, a po...

Q&A

What three forms may joint ventures (JVs) between domestic and foreign investors...

What three forms may joint ventures (JVs) between domestic and foreign investors...

The three forms joint ventures (JVs) between domestic and foreign investors in Vietnam may take are limited liability companies (LLCs), joint stock companies (JSCs), and partnerships. LLCs are offer limited liability ownership yet cannot issue shares...

Q&A

Besides joint ventures (JVs) with local partners, what other options do foreign ...

Besides joint ventures (JVs) with local partners, what other options do foreign ...

Foreign businesses wanting to do business in yet not enter into a joint venture (JV) with a local partner have three options – branches, representative offices (ROs), and business cooperation contracts (BCCs). Foreign entities can establish bra...

Q&A

What is a ?red invoice,? and what is their significance to commercial operations...

What is a ?red invoice,? and what is their significance to commercial operations...

Simply put, a “red invoice” is the nickname given to Vietnam’s Value Added Tax (VAT) invoices. Such invoices are mandated to undertake commercial activities such as the sale of goods and services, imports of foreign goods, and expor...

Q&A

How many types of Value Added Tax (VAT) invoices exist in Vietnam, and what are ...

How many types of Value Added Tax (VAT) invoices exist in Vietnam, and what are ...

In Vietnam, the tax system supports self-printed Value Added Tax (VAT) invoices, e-invoices, ordered invoices, and invoices purchased from the local Municipal Taxation Department. Enterprises within hi-tech parks and economic development zones, along...

videographic

Closure and De-registration of Business in China

Closure and De-registration of Business in China

This Prezi presents general overview on how to restructure an underperforming business in China

partner-publication

EURObiz - May/June 2015

EURObiz - May/June 2015

This year is a milestone in EU-China diplomatic relations as it is 40 years since they were established on 6th May, 1975. In this issue of EURObiz, we take a walk down memory lane and reflect on some of the key events that have taken place over the p...

podcast

Marketing Moments Episode 1: Traditional vs Content Marketing

Marketing Moments Episode 1: Traditional vs Content Marketing

In this podcast Associate Director of Marketing and Operations Nicholas Clement and Digital Marketing Associate Joonas Jukkara in Dezan Shira & Associates' Shanghai Office, discuss the key differences between traditional and content marketing.

Q&A

What are the benefits of converting a Representative Office into a Wholly Foreig...

What are the benefits of converting a Representative Office into a Wholly Foreig...

Conversion is one of many options for business restructuring in China. It can be especially beneficial for companies concerned with the tax liability and limited business scope of their Representative Office (RO). A Wholly Foreign-Owned Enterprise (W...

Q&A

What are the consequences for abandoning a business in China?

What are the consequences for abandoning a business in China?

Many business owners may find it difficult to navigate the numerous regulations regarding de-registration and liquidation of a business. However, simply abandoning a business is not an advisable course of action as it can leave valuable assets and em...

Q&A

What is the process of converting a Representative Office into a Wholly Foreign-...

What is the process of converting a Representative Office into a Wholly Foreign-...

he process of converting a Representative Office (RO) into a Wholly Foreign-Owned Enterprise (WFOE) is a misnomer. There is no direct process, but rather there are two separate processes—de-registering a RO and establishing a WFOE. De-registrat...

Q&A

For what reasons are employees terminated in China?

For what reasons are employees terminated in China?

Terminating an employee in China can only be done for a number of reasons. Because Chinese law does not recognize “at will” termination, the business should be prepared to provide severance payments. The employer may terminate employees w...

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