Lorenz & Partners

Legal, Tax and Business Consultants

Kanzlei-Information Nr.: 41 (GE)

Forderungsbeitreibung in Deutschland, Thailand und Hongkong

Dezember 2014

 

 

All rights reserved                    L O R E N Z & P A R T N E R S 2014

 

 

 

 

 

 

Verehrte Leser,

 

die Ihnen vorliegende Broschüre beschäftigt sich mit den Problemen der Forderungsbeitreibung in Deutschland, Thailand und Hongkong. Dabei werden verglichen

 

Vorgerichtliche Möglichkeiten Gerichtsverfahren

Vollstreckung von Urteilen Schiedsgerichtsbarkeit

 

Insolvenz

 

Im Anhang finden Sie benutzerfreundliche Übersichtstabellen, die die wichtigsten Punkte gegenüberstellen.

 

Wir erlauben uns den Hinweis, dass wir trotz aller Bemühungen keine Haftung für die Richtigkeit des Inhalts dieser Broschüre übernehmen, und uns bezüglich des Copyrights sämtliche Rechte an der Broschüre und ihrem Inhalt vorbehalten. Kopien mit Hinweis auf die Verfasser sind allerdings willkommen.

 

Für Ihr Interesse bedankt sich

 

LORENZ & PARTNERS

 

 

 

 

 

 

Inhalt

 

  1. Einleitung……………………………………………………………………………………………………………………………… 5
  2. Vorgerichtliche Möglichkeiten………………………………………………………………………………… 6
  3. Inkassobüros………………………………………………………………………………………………………………….. 6
  4. Mahnverfahren……………………………………………………………………………………………………………… 6
  5. Vorläufiger Rechtsschutz………………………………………………………………………………………… 6

III. Erkenntnisverfahren…………………………………………………………………………………………………… 8

  1. Gerichtsaufbau……………………………………………………………………………………………………………… 8
  2. Verfahrensdauer………………………………………………………………………………………………………… 12
  3. Verfahrenskosten……………………………………………………………………………………………………… 13
  4. Vollstreckung von inländischen Urteilen……………………………………………………….. 15
  5. Deutschland………………………………………………………………………………………………………………… 15
  6. Thailand…………………………………………………………………………………………………………………………. 16
  7. Hongkong…………………………………………………………………………………………………………………….. 17
  8. Vollstreckung von ausländischen Urteilen………………………………………………………. 18
  9. Schiedsgerichtsbarkeit……………………………………………………………………………………………… 19

VII. Insolvenz………………………………………………………………………………………………………………………. 21

  1. Deutschland………………………………………………………………………………………………………………… 21
  2. Thailand…………………………………………………………………………………………………………………………. 23
  3. Hongkong…………………………………………………………………………………………………………………….. 23

 

VIII. Prozesskostenbeispiele (Deutschland)………………………………………………………… 26

 

 

 

Verehrte Leserin, verehrter Leser,

 

es ist sicher nachvollziehbar, dass es großen Aufwand und nicht unerhebli-che Kosten verursacht, Broschüren zu erstellen und auf dem neuesten Stand zu halten.

 

Unseren Mandanten, Verbänden und öffentlichen Organisationen stellen wir die vollständigen Versionen unserer Broschüren gerne kostenlos zur Verfü-gung. Wir bitten aber um Verständnis, dass wir anderen Nutzern eine Kos-tenbeteiligung von 50 EUR berechnen.

 

Sollte Ihr Interesse an diesem Thema geweckt worden sein, senden Sie eine E-Mail an: [email protected] mit der genauen Bezeichnung der Broschüre(n), die Sie erhalten möchten. Wir werden Ihnen diese dann um-gehend zukommen lassen.

 

Mit freundlichen Grüßen

 

Lorenz & Partners

 

 

 

 

 

 

 

 

 

Lorenz & Partners

Legal, Tax and Business Consultants

Kanzlei-Information Nr.: 42 (GE)

Forderungssicherung im internationalen Geschäftsverkehr

Dezember 2014

 

 

 

 

 

 

All rights reserved                    L O R E N Z & P A R T N E R S 2014

 

 

 

Verehrte Leser,

 

die Ihnen vorliegende Broschüre beschäftigt sich mit den Problemen der Absiche-rung von Forderungen im internationalen Geschäftsverkehr.

 

Besondere Beachtung widmet diese Broschüre

 

dem Dokumentenakkreditiv der Bankgarantie

 

Daneben finden sich aber auch weitere Informationen, etwa über Factoring, Forfaiting, Patronatserklärungen und fiduziarische Sicherheiten.

 

Wir erlauben uns den Hinweis, dass wir trotz aller Bemühungen keine Haftung für die Richtigkeit des Inhalts dieser Broschüre übernehmen, und uns bezüglich des Co-pyrights sämtliche Rechte an der Broschüre und ihrem Inhalt vorbehalten. Kopien mit Hinweis auf die Verfasser sind allerdings willkommen.

 

Für Ihr Interesse bedankt sich

 

LORENZ & PARTNERS

 

 

 

 

  Inhalt    
I. Einleitung ……………………………………………………………………………………………..     5
II. Zahlungsmodalitäten …………………………………………………………………………..     5
1. Vorauszahlung ………………………………………………………………………………….     6
2. Zahlung bei Verschiffung …………………………………………………………………     6
3. Zahlung nach Lieferung oder sonstiger Leistung („open account“) … 6
4. Teilvorauszahlung/Zahlung nach „milestones“ ……………………………….   6
5. Wechsel/Scheckzahlung (Collection) ohne oder gegen Dokumente .. 7
III. Das Dokumentenakkreditiv ……………………………………………………………….     8
1. Einleitung …………………………………………………………………………………………     8
2. Die ERA 600 – Die wichtigsten Änderungen im Überblick ……………..   9
3. Was geschieht im Einzelnen? ………………………………………………………….     10
4. Die verschiedenen Arten des Dokumentenakkreditivs ……………………   14
5. Die Dokumente ………………………………………………………………………………     16
6. Auszahlungsmodalitäten …………………………………………………………………     21
7. Sonstiges aus dem Regelwerk der ERA-600 im Überblick ………………   22
8. Besondere Probleme ……………………………………………………………………….     23
9. Rechtswahl, Gerichtsstand und Arbitration ……………………………………   27
10. Checkliste für die Abwicklung des Dokumentenakkreditivs ………… 27
IV. Forfaitierung – Factoring ………………………………………………………………….     28
1. Factoring …………………………………………………………………………………………     28
2. Forfaitierung …………………………………………………………………………………..     29
V. Bankgarantien …………………………………………………………………………………….     32
1. Einleitung ……………………………………………………………………………………….     32
2. Garantien auf erstes Anfordern ………………………………………………………   34
3. Standby – letter of credit …………………………………………………………………     40
4. Bedingte Garantie …………………………………………………………………………..     41
5. Hauptanwendungsfälle für Bankgarantien ………………………………………   42
VI. Patronatserklärung ……………………………………………………………………………     44
VII. Der internationale Wechsel …………………………………………………………….     44
VIII. Sicherungsinstrumente in Thailand und Deutschland ……………………   45
1. Der Wechsel ……………………………………………………………………………………….     45
a) Der Wechsel in Deutschland ………………………………………………………….     45
b) Der Wechsel in Thailand ………………………………………………………………..     46
2. Garantien und Bürgschaften ……………………………………………………………….     47
3. Eigentumsvorbehalt, Fiduziarische Sicherheiten und Pfandrechte …….. 48
a) Eigentumsvorbehalt ………………………………………………………………………..     48
b) Pfandrechte, Sicherungsübereignung und Sicherungszession ………… 49
c) Pfandrechte am unbeweglichen Vermögen …………………………………….   49
IX. Streitbeilegung ………………………………………………………………………………….     50
1. Schiedsgerichtsbarkeit …………………………………………………………………………     50
2. Weitere Streitbeilegungsinstrumente …………………………………………………..   50

 

Expertise/Gutachterverfahren………………………………………………………………………………… 50

DOCDEX………………………………………………………………………………………………………………………….. 50

 

Dispute Boards………………………………………………………………………………………………………………… 50

  1. Sicherungsinstrumente Thailand, Deutschland, weltweit……………………… 51

 

  1. Wichtige ICC-Regelungen im Bankensektor………………………………………………. 53

 

 

 

 

 

 

Verehrte Leserin, verehrter Leser,

 

es ist sicher nachvollziehbar, dass es großen Aufwand und nicht unerhebli-che Kosten verursacht, Broschüren zu erstellen und auf dem neuesten Stand zu halten.

 

Unseren Mandanten, Verbänden und öffentlichen Organisationen stellen wir die vollständigen Versionen unserer Broschüren gerne kostenlos zur Verfü-gung. Wir bitten aber um Verständnis, dass wir anderen Nutzern eine Kos-tenbeteiligung von 50 EUR berechnen.

 

Sollte Ihr Interesse an diesem Thema geweckt worden sein, senden Sie eine E-Mail an: [email protected] mit der genauen Bezeichnung der Broschüre(n), die Sie erhalten möchten. Wir werden Ihnen diese dann um-gehend zukommen lassen.

 

Mit freundlichen Grüßen

 

Lorenz & Partners

 

 

 

 

 

Lorenz & Partners

Legal, Tax, Business Consultants

Office Information No.: 43 (EN)

How to set up a company as a GmbH in Germany

November 2014

 

 

 

 

 

 

 

All rights reserved © Lorenz & Partners 2014

 

Table of Contents

 

 

  1. Foreword………………………………………………………………………………………………………………………………………………… 4

 

  1. Germany at a glance………………………………………………………………………………………………………………………. 5

 

  1. First steps to set up a company……………………………………………………………………………………………… 7

 

3.1. Legal Form…………………………………………………………………………………………………………………………………. 7

3.1.2. Costs for setting up a GmbH……………………………………………………………………………….. 8

 

3.1.3. Capital……………………………………………………………………………………………………………………………….. 9

3.1.4. Statutory Domicile……………………………………………………………………………………………………… 9

 

3.1.5. Restrictions in appointing a managing director………………………………………… 10

3.1.6. Filing the application for the entry into the commercial register…….. 10

 

3.1.7. Liability and duty to file for insolvency…………………………………………………………. 10

 

3.2. Business Registration…………………………………………………………………………………………………………….. 11

 

3.3. Transferring Assets……………………………………………………………………………………………………………….. 11

 

  1. Finance…………………………………………………………………………………………………………………………………………………. 13

 

4.1. Equity……………………………………………………………………………………………………………………………………….. 13

 

4.1.1. Business Angels…………………………………………………………………………………………………………. 13

4.1.2. Venture Capital………………………………………………………………………………………………………….. 13

 

4.1.3. Private Equity……………………………………………………………………………………………………………… 14

 

4.1.4. Cash Incentives…………………………………………………………………………………………………………. 14

 

4.2. Debt…………………………………………………………………………………………………………………………………………… 15

 

4.3. Mezzanine Capital………………………………………………………………………………………………………………… 16

 

4.4. Off-Balance Financing…………………………………………………………………………………………………………… 17

 

  1. Employment…………………………………………………………………………………………………………………………………….. 18

 

5.1. Finding Staff……………………………………………………………………………………………………………………………. 18

 

5.2. Models of Employment…………………………………………………………………………………………………………. 19

 

5.2.1. Fixed-Term Contracts……………………………………………………………………………………………. 19

5.2.2. Personnel Leasing…………………………………………………………………………………………………….. 20

 

5.2.3. Mini and Midi Jobs………………………………………………………………………………………………….. 20

 

5.3. Terms of Employment…………………………………………………………………………………………………………… 21

 

5.3.1. The Employment Contract…………………………………………………………………………………. 21

5.3.2. Payment………………………………………………………………………………………………………………………… 22

 

5.3.3. Adjustable Working Hours………………………………………………………………………………….. 23

 

5.3.4. Vacation and Public Holidays……………………………………………………………………………. 23

 

5.3.5. Sick Leave…………………………………………………………………………………………………………………….. 24

 

5.3.7. Anti-Discrimination………………………………………………………………………………………………… 24

 

5.4. Termination of Employment………………………………………………………………………………………………… 25

5.4.1. Dismissal for Personal Reasons………………………………………………………………………… 25

 

5.4.2. Dismissal for Conduct-Related Reasons……………………………………………………… 26

5.4.3. Dismissal for Business Reasons………………………………………………………………………… 27

 

5.4.4. Extraordinary (Immediate) Termination……………………………………………………… 27

 

5.4.5. Notification Periods……………………………………………………………………………………………….. 28

 

5.5. Employee Representation……………………………………………………………………………………………………… 28

 

5.6. The German Social Security System………………………………………………………………………………….. 29

 

  1. Taxation………………………………………………………………………………………………………………………………………………. 30

 

6.1. Income Tax……………………………………………………………………………………………………………………………… 30

 

6.2. Corporate Income Tax………………………………………………………………………………………………………….. 31

 

6.2. Trade Tax……………………………………………………………………………………………………………………………….. 32

 

6.3. Taxation of Real Property…………………………………………………………………………………………………… 33

 

6.4. Value Added Tax…………………………………………………………………………………………………………………. 34

 

6.5. Deductions……………………………………………………………………………………………………………………………….. 35

 

6.6. Customs……………………………………………………………………………………………………………………………………. 36

 

  1. Legal Framework………………………………………………………………………………………………………………………….. 37

 

Appendix:………………………………………………………………………………………………………………………………………………… 39

 

  1. Standard minutes for setting up a GmbH with max. three shareholders.……………………. 39

 

  1. Standard minutes for setting up a GmbH/ UGmbH with one shareholder only.…….. 42

 

 

 

 

 

Dear Reader,

 

Keeping brochures up to date involves a lot of effort and considerable cost.

 

The complete version of this brochure is therefore complimentary for our clients, associations and public organisations only. To all other users we charge a cost contribution of 50 EUR. Thank you for your understanding.

 

If this brochure is interesting to you, please contact us by sending an e-mail to: [email protected] naming the brochure(s) you would like to ob-tain.

 

Thank you.

 

Best regards,

 

Lorenz & Partners

 

 

 

 

 

 

 

 

 

Lorenz & Partners

Legal, Tax and Business Consultants

Office Information No.: B44 (EN)

Tax Optimisation Through A Trust

February 2015

 

 

 

 

All rights reserved © Lorenz & Partners 2015

 

 

PREFACE

 

The following brochure is meant to be a short summary of the Thai Business Law.

 

We are aware of the fact that it can only be the first step to describe the very com-plex forms of doing business in Thailand. However, we hope that this information can be helpful for you in your further decisions.

 

Generally speaking, Thai business and the exact procedures of setting up a com-pany are often quite similar to the procedures you are familiar with, but, as you know, important details can be different. Thus, we advise you to proceed carefully and with far-sightedness.

 

We would be glad if this brochure meets your interests.

 

Please allow us to inform you that despite all our efforts we cannot accept liability for this brochure and its contents and we reserve all rights derived from it.

 

 

LORENZ & PARTNERS thank you very much for your interest in our work.

 

 

 

 

 

Table of Contents

 

 

  • Basic Principles of a Trust ______________________________________________ 5

 

  • Important Terms ______________________________________________________ 5

 

  • Trust Property ____________________________________________________ 5
  • Settlor (also called trustor, grantor, donor or creator) _______________________ 5
  • Trustee __________________________________________________________ 5
  • Special Purpose Vehicle (SPV) ________________________________________ 5
  • Beneficiaries ______________________________________________________ 6
  • Protector (not mandatory) ___________________________________________ 6

 

  • Manager (not mandatory) ____________________________________________ 7

 

  • Creation of a trust _____________________________________________________ 7

 

  • Overview ________________________________________________________ 7

 

  • Formalities _______________________________________________________ 8

 

  • Common Purposes ____________________________________________________ 8

 

  • Wills and Estate Planning ____________________________________________ 8
  • Corporate Structures and Asset Protection _______________________________ 8
  • Tax Planning _____________________________________________________ 8
  • Pension Plans and Remuneration Trusts _________________________________ 9

 

  • Charities _________________________________________________________ 9

 

  • Types of Trusts _______________________________________________________ 9

 

  • Express trust _____________________________________________________ 9
  • Constructive trust __________________________________________________ 9
  • Fixed trust _______________________________________________________ 9
  • Implied trust ______________________________________________________ 9
  • Private and public trusts ____________________________________________ 10
  • Discretionary trust ________________________________________________ 10

 

  • Other types ______________________________________________________ 10

 

  • Provisions ___________________________________________________________ 10

 

  • Trusts and Civil Law___________________________________________________ 11

 

  • Conceptual difficulties _____________________________________________ 11

 

  • Trusts and Foundations ____________________________________________ 11

 

  • Trusts in selected Jurisdictions __________________________________________ 12

 

  • Malta __________________________________________________________ 12
    • General ____________________________________________________ 12

 

  • Taxation ___________________________________________________ 12
  • Jersey __________________________________________________________ 13
    • General ____________________________________________________ 13
    • Taxation ___________________________________________________ 17
  • Guernsey _______________________________________________________ 18
    • General ____________________________________________________ 18
    • Taxation ___________________________________________________ 19
  • British Virgin Islands ______________________________________________ 19
    • General ____________________________________________________ 19
    • Taxation ___________________________________________________ 20
  • Switzerland ______________________________________________________ 22
    • General ____________________________________________________ 22
    • Taxation ___________________________________________________ 23
  • Liechtenstein ____________________________________________________ 25
    • General ____________________________________________________ 25
    • Taxation ___________________________________________________ 26
  • Labuan (Malaysia) _________________________________________________ 26
    • General ____________________________________________________ 26

 

  • Taxation ___________________________________________________ 28

 

  1. Foundations in selected Jurisdictions ____________________________________ 28

 

  • Liechtenstein ____________________________________________________ 28
    • General ______________________________________________________ 29
    • Taxation ______________________________________________________ 29
  • Austria _________________________________________________________ 30
    • General _______________________________________________________ 30
    • Taxation ______________________________________________________ 31

 

  • Labuan (Malaysia) _________________________________________________ 31

 

 

 

 

Dear Reader,

 

Keeping brochures up to date involves a lot of effort and considerable cost.

 

The complete version of this brochure is therefore complimentary for our clients, associations and public organisations only. To all other users we charge a cost contribution of 50 EUR. Thank you for your understanding.

 

If this brochure is interesting to you, please contact us by sending an e-mail to: [email protected] naming the brochure(s) you would like to ob-tain.

 

Thank you.

 

Best regards,

 

Lorenz & Partners

 

 

 

Grünkorn & Partner Law Co., Ltd.

 

Tax, Legal and Business Consultants

Member of WTS Tax Legal Consulting and Lorenz & Partners www.lawyer-vietnam.com

 

 

 

 

 

 

Personal Income Tax in Vietnam

 

August 2015

 

 

 

Grünkorn & Partner Law Co., Ltd.

 

3rd floor Viconship Building

6-8 DoanVan Bo Street

 

Ho Chi Minh City

 

Vietnam

 

 

Tel.: +84 8 6261 8231

 

Fax: +84 8 6261 8218

 

E.: [email protected]

 

    1  
    Table of Contents  
List of tables …………………………………………………………………………………………. 3
List of abbreviations ……………………………………………………………………………… 3
1 Executive Summary …………………………………………………………………………. 0
2 General Information ………………………………………………………………………… 0
2.1 Tax Payers ………………………………………………………………………………………………………. 0
2.2 Residency ……………………………………………………………………………………………………….. 0
2.3 Taxable Income ……………………………………………………………………………………………… 1
2.3.1 Business Income ……………………………………………………………………………………………… 1
2.3.2   Income being Salaries and Wages ………………………………………………………………………. 2
2.3.3   Income from Capital Investments ……………………………………………………………………….. 3
2.3.4   Income from Capital Transfers ………………………………………………………………………….. 3
2.3.5   Income from Real Property Transfers ………………………………………………………………….. 4
2.3.6 Income being Royalties …………………………………………………………………………………….. 4
2.3.7   Other Types of Personal Income ………………………………………………………………………… 4
2.4 Income which is Tax Exempt …………………………………………………………………………. 5
2.5 Tax Period ……………………………………………………………………………………………………… 6
2.6 Tax Incentives ………………………………………………………………………………………………… 6
3 Taxation of Resident Individuals ………………………………………………………. 7
3.1 Overview ………………………………………………………………………………………………………… 7
3.2 Determination of the Taxable Income ……………………………………………………………. 7
3.2.1 Regular Income ………………………………………………………………………………………………. 7
3.2.2 Irregular Income …………………………………………………………………………………………….. 8

 

 

 

© Grünkorn & Partner Law Co., Ltd.

 

    2  
3.3 Deductions …………………………………………………………………………………………………….. 9
3.3.1 Social Insurance …………………………………………………………………………………………… 10
3.3.2 Health Insurance ………………………………………………………………………………………….. 10
3.3.3 Unemployment Insurance ……………………………………………………………………………….. 11
3.3.4 Family Circumstances ……………………………………………………………………………………. 11
3.3.5   Charitable and Humanitarian Giving ……………………………………………………………… 12
3.4 Tax Scales …………………………………………………………………………………………………….. 12
3.4.1 Regular Income …………………………………………………………………………………………….. 12
3.4.2   Irregular Income – Fixed Tax Scale ………………………………………………………………… 13
4 Taxation of Non-Resident Individuals …………………………………………….. 14
4.1 Overview ………………………………………………………………………………………………………. 14
4.2 Determination of the Taxable Income ………………………………………………………….. 17
4.2.1 Regular Income …………………………………………………………………………………………….. 17
4.2.2 Irregular Income …………………………………………………………………………………………… 17
4.3 Deductions …………………………………………………………………………………………………… 17
4.4 Tax Scale ………………………………………………………………………………………………………. 17
5 Tax Administration………………………………………………………………………… 18
5.1 Tax Registration ……………………………………………………………………………………………. 18
5.2 Withholding of Taxes……………………………………………………………………………………. 19
5.3 Tax Declaration and Submission …………………………………………………………………… 19
5.3.1   Responsibilities and Rights of Income Paying Entities ………………………………………….. 19
5.3.2   Responsibilities and Rights of Income Receiving Individuals …………………………………… 20
5.4 Tax Checks and Inspections …………………………………………………………………………. 21
5.5 Penalties and Fines ……………………………………………………………………………………….. 21

 

 

© Grünkorn & Partner Law Co., Ltd.

 

  3  
6 Creditability of foreign paid taxes ……………………………………………………. 22
6.1 Unilateral Relief ……………………………………………………………………………………………. 22
6.2 Double Taxation Avoidance Agreements ……………………………………………………… 23
7 Disclaimer …………………………………………………………………………………….. 24
Appendix 1: DTAs signed by Vietnam ……………………………………………………………….. 25

 

 

List of tables

 

Table 1: Tax rate calculating on the turnover for business income of residents …………………….. 12
Table 2: Progressive tax scale applicable to regular income of resident individuals ……………….. 13
Table 3: Fixed tax scale applicable to irregular income of resident individuals …………………… 13
Table 4: Tax rates applicable to non-resident individuals………………………………………………. 18

 

 

List of abbreviations

 

CIT                                     Corporate Income Tax

 

DTA                                   Double Taxation Agreement

 

FCWT                               Foreign Contractors Withholding Tax

 

PIT                                     Personal Income Tax

 

PMO                                  Project Management Office

 

VAT                                    Value Added Tax

 

VND                                  Vietnamese Dong

 

 

 

 

 

© Grünkorn & Partner Law Co., Ltd.

 

 

 

Dear Reader,

 

Keeping brochures up to date involves a lot of effort and considerable cost.

 

The complete version of this brochure is therefore complimentary for our clients, associations and public organisations only. To all other users we charge a cost contribution of 50 EUR. Thank you for your understanding.

 

If this brochure is interesting to you, please contact us by sending an e-mail to: [email protected] naming the brochure(s) you would like to ob-tain.

 

Thank you.

 

Best regards,

 

Lorenz & Partners

 

 

 

Grünkorn & Partner Law Co., Ltd.

 

Tax,Tax,LegalandlandBusinessConsultants

 

Memberof ofWTSWTSTaxTaxLegalLegalConsultingandandLorenzLorenz& Partners&Partners wwwwww.lawyer.lawyer-vietnam-vietnam.com.com

 

 

 

 

 

Corporate Income Tax in Vietnam

July 2015

Grünkorn & Partner Law Co., Ltd.

3rd floor Viconship Building

6-8 Doan Van Bo Street

Ho Chi Minh City

Vietnam

 

 

Tel.: +84 8 6261 8231

 

Fax: +84 8 6261 8218

 

E.: [email protected]

 

II

 

 

Table of Contents

 

List of tables………………………………………………………………………………………………….. IV

 

List of abbreviations……………………………………………………………………………………… IV

 

1          Executive Summary…………………………………………………………………………………………………………….. 1

 

2          Introduction…………………………………………………………………………………………………………………………….. 1

 

2.1      General information……………………………………………………………………………………………………………… 1

 

2.2      Tax liability……………………………………………………………………………………………………………………………….. 1

 

2.3      Tax assessment period………………………………………………………………………………………………………….. 2

 

2.4      Tax Payable………………………………………………………………………………………………………………………………. 3

 

3          Turnover…………………………………………………………………………………………………………………………………… 3

 

3.1      General information……………………………………………………………………………………………………………… 3

 

3.2      Regulation of special situations…………………………………………………………………………………………. 4

 

4          Expenses………………………………………………………………………………………………………………………………….. 6

 

4.1      General Information…………………………………………………………………………………………………………….. 6

 

4.2      Non-deductible Expenses……………………………………………………………………………………………………. 6

 

4.3      Deductible Expenses…………………………………………………………………………………………………………….. 8

 

4.3.1 Costs of Goods Sold…………………………………………………………………………………………………………………….. 8

 

4.3.2 Labor Costs………………………………………………………………………………………………………………………………….. 8

 

4.3.3 Depreciation………………………………………………………………………………………………………………………………….. 9

 

4.3.4 Sales, General and Administrative Expenses……………………………………………………………………….. 12

 

4.3.5 Reserves………………………………………………………………………………………………………………………………………. 13

 

4.3.6 Dividends, Interest and Royalties……………………………………………………………………………………………. 14

 

4.3.7 Other…………………………………………………………………………………………………………………………………………… 14

 

5          Other Taxable Income……………………………………………………………………………………………………. 16

 

5.1      General Information…………………………………………………………………………………………………………… 16

 

5.2      Types of Other Taxable Income…………………………………………………………………………………….. 16

 

5.2.1 Income from Capital Assignment…………………………………………………………………………………………….. 16

 

5.2.2 Income from Real Property Transfer……………………………………………………………………………………….. 18

 

 

 

© Grünkorn & Partner Law Co., Ltd.

 

III

 

 

5.2.3 Income from Ownership of or Rights to use Assets………………………………………………………………… 19

 

5.2.4 Income from Transfer or Lease out of Assets…………………………………………………………………………. 19

 

5.2.5 Income from Exchange Rate Differences…………………………………………………………………………………. 20

 

5.2.6 Income earned from Production and Business Abroad………………………………………………………….. 20

 

5.2.7 Further Types of Other Taxable Income………………………………………………………………………………… 20

 

6          Tax Exempt Income………………………………………………………………………………………………………… 21

 

7          Losses carried forward……………………………………………………………………………………………………. 23

 

8          Tax Rate and Tax Incentives……………………………………………………………………………………… 23

 

8.1      Standard Tax Rate……………………………………………………………………………………………………………….. 23

 

8.2      Tax Incentives……………………………………………………………………………………………………………………….. 24

 

8.2.1 Conditions for the Application of CIT Incentives………………………………………………………………….. 24

 

8.2.2 Preferential Tax Rates……………………………………………………………………………………………………………… 25

 

8.2.3 Other Incentives…………………………………………………………………………………………………………………………. 27

 

9          Creditability of foreign paid taxes……………………………………………………………………………. 27

 

9.1      Unilateral Relief……………………………………………………………………………………………………………………. 28

 

9.2      Double Taxation Agreements…………………………………………………………………………………………. 29

 

10       Tax administration…………………………………………………………………………………………………………….. 31

 

10.1  Tax Registration……………………………………………………………………………………………………………………. 31

 

10.2  Tax submission……………………………………………………………………………………………………………………… 32

 

10.3  Tax Checks and Inspections…………………………………………………………………………………………….. 32

 

10.4  Penalties and Fines………………………………………………………………………………………………………………. 33

 

11        Distribution of Payments………………………………………………………………………………………………. 34

 

12       Disclaimer……………………………………………………………………………………………………………………………… 35

 

Appendix 1: The useful life of assets as published by the MOF…………………………. 36

 

Appendix 2: DTAs signed by Vietnam……………………………………………………………………………… 39

 

 

 

 

 

 

 

 

 

 

 

© Grünkorn & Partner Law Co., Ltd.

 

IV

 

 

List of tables

 

Table 1: Calculation of the Vietnamese corporate tax payable……………………………………………………… 3

 

Table 2: Maximum withholding taxes on dividends, interest and royalties according to the

 

Vietnamese DTA with Germany and Singapore  30

 

 

 

List of abbreviations

 

CIT                                     Corporate Income Tax

 

DTA                                    Double Taxation Agreement

 

FCWT                               Foreign Contractors Withholding Tax

 

LLC                                    Limited Liability Company

 

MOF                                   Ministry of Finance

 

PE                                        Permanent Establishment

 

PIT                                      Personal Income Tax

 

SGA                                     Sales, General and Administrative (Expenses)

 

VAT                                    Value Added Tax

 

VND                                   Vietnamese Dong

 

 

 

 

 

© Grünkorn & Partner Law Co., Ltd.

 

 

 

 

 

 

 

 

Dear Reader,

 

Keeping brochures up to date involves a lot of effort and considerable cost.

 

The complete version of this brochure is therefore complimentary for our clients, associations and public organisations only. To all other users we charge a cost contribution of 50 EUR. Thank you for your understanding.

 

If this brochure is interesting to you, please contact us by sending an e-mail to: [email protected] naming the brochure(s) you would like to ob-tain.

 

Thank you.

 

Best regards,

 

Lorenz & Partners

 

 

 

 

 

Grünkorn & Partner Law Co., Ltd.

Tax, Legal and Business Consultants

 

Member of WTS Tax Legal Consulting and Lorenz & Partners

 

www.lawyer-vietnam.com

 

 

 

Value Added Tax in Vietnam

 

June 2016

 

 

 

 

 

Grünkorn & Partner Law Co., Ltd.

 

3rd floor Viconship Building

 

6-8 Doan Van Bo Street

 

Ho Chi Minh City

 

Vietnam

 

 

Tel.: +84 8 6261 8231

 

Fax: +84 8 6261 8218

 

E.: [email protected]

 

II

 

 

In our Newsletter, we regularly inform on updates. You are invited to register. Please click on the link below to add your e-mail address to our mailing list:

 

Subscribe Newsletter

 

 

 

 

 

    Table of Contents  
List of tables ………………………………………………………………………………………. IV
List of abbreviations …………………………………………………………………………… IV
1 Executive Summary …………………………………………………………………………. 1
2 Introduction ……………………………………………………………………………………. 1
2.1 Taxpayer …………………………………………………………………………………………………………. 1
2.2 Taxable Goods and Services …………………………………………………………………………… 2
2.2.1 General Information ……………………………………………………………………………………….. 2
2.2.2   Tax exempt Goods and Services ……………………………………………………………………….. 2
2.2.3   Cases not required to declare, calculate and pay tax ………………………………………………. 4
2.2.4 Taxable Goods ……………………………………………………………………………………………… 5
2.2.5 Taxable Services …………………………………………………………………………………………….. 6
3 Assessment of Output VAT ………………………………………………………………. 8
3.1 Taxable Price ………………………………………………………………………………………………….. 8
3.2 Point of Time for Fixing VAT ……………………………………………………………………… 10
3.3 Tax Rates ……………………………………………………………………………………………………… 10
3.3.1 0% ……………………………………………………………………………………………………………. 10
3.3.2 5% ……………………………………………………………………………………………………………. 11
3.3.3 10% ………………………………………………………………………………………………………….. 13

 

 

© Grünkorn & Partner Law Co., Ltd.

 

III

 

 

4       Payment of VAT/Creditability of Input VAT……………………………………………………….. 13

 

4.1  Direct Method…………………………………………………………………………………………………………………………. 13

 

4.2  Credit Method…………………………………………………………………………………………………………………………. 15

 

4.3  Tax Refund……………………………………………………………………………………………………………………………….. 17

 

5       Tax Administration………………………………………………………………………………………………………………. 18

 

5.1  Tax Registration……………………………………………………………………………………………………………………… 18

 

5.2  Tax Declaration and Submission………………………………………………………………………………………. 19

 

5.3  Invoices………………………………………………………………………………………………………………………………………. 19

 

5.4  Tax Checks and Inspections………………………………………………………………………………………………. 20

 

5.5  Penalties and Fines…………………………………………………………………………………………………………………. 21

 

6       Disclaimer………………………………………………………………………………………………………………………………… 22

 

Appendix…………………………………………………………………………………………………………………………………………… 23

 

Appendix 1: Tax exempt Goods and Services……………………………………………………………………… 23

 

 

 

 

 

 

 

© Grünkorn & Partner Law Co., Ltd.

 

 

 

 

Dear Reader,

 

Keeping brochures up to date involves a lot of effort and considerable cost.

 

The complete version of this brochure is therefore complimentary for our clients, associations and public organisations only. To all other users we charge a cost contribution of 50 EUR. Thank you for your understanding.

 

If this brochure is interesting to you, please contact us by sending an e-mail to: [email protected] naming the brochure(s) you would like to ob-tain.

 

Thank you.

 

Best regards,

 

Lorenz & Partners

 

 

 

 

 

 

Lorenz & Partners

Legal, Tax and Business Consultants

 

 

 

 

Kanzlei-Information Nr.: 051 (DE)

 

 

Schiedsverfahren und Wirtschaftsmediation in Thailand, Hongkong, Vietnam und Deutschland

 

 

Juli 2015

 

 

 

 

 

 

All rights reserved                   Lorenz & Partners 2015

 

 

 

Verehrte Leser,

 

die Ihnen vorliegende Broschüre soll einen Überblick verschaffen über die verschiedenen Arten alternativer Konfliktlösung im Wirtschaftsverkehr, wobei der Schwerpunkt auf dem internationalen Schiedsverfahrensrecht und der Wirtschaftsmediation liegt.

 

Neben der Darstellung der Methodik sowie rechtlicher Aspekte, soll insbe-sondere auch auf praktische Fragen, wie Anwendungsmöglichkeiten und Vorteile, Hinweise zur Vertragsgestaltung und Informationen zu Institu-tionen eingegangen werden. Damit soll eine erste Orientierungshilfe bei der Auswahl eines geeigneten Verfahrens für die Beilegung aktueller oder zu-künftiger Konflikte gegeben werden.

 

In den Kapiteln zu Internationalen Schiedsverfahren und Wirtschaftsmedi-tation in Thailand, Hongkong, Vietnam und Deutschland werden jeweils landesspezifische Besonderheiten bezüglich der Rechtslage und Infrastruktur beleuchtet.

 

Lorenz & Partners ist eine internationale Sozietät von Wirtschaftsanwälten mit Hauptsitz in Bangkok. Seit 1995 betreuen wir ausländische Unterneh-men bei deren Investitionsvorhaben in Südostasien in rechtlicher, steuerli-cher und wirtschaftlicher Sicht. Neben Bangkok unterhalten wir Büros in Berlin, Hongkong, Ho Chi Minh City und Taipei.

 

Wir erlauben uns den Hinweis, dass der Inhalt dieser Broschüre eine Bera-tung nicht ersetzen kann und will. Trotz aller Bemühungen um die Richtig-keit übernehmen wir keine Haftung für den Inhalt dieser Broschüre. Sämtli-che Rechte an der Broschüre und ihrem Inhalt bleiben vorbehalten. Zitate unter Nennung des Verfassers sind jedoch willkommen.

 

Für Ihr Interesse bedanken sich

 

 

Lorenz & Partners

 

 

 

 

 

 

 

 

All rights reserved                   Lorenz & Partners 2015

 

Inhaltsverzeichnis

 

1 Einführung……………………………………………………………………………………………………………………………… 5

 

2 Überblick………………………………………………………………………………………………………………………………….. 6

 

2.1 Allgemeines……………………………………………………………………………………………………………………… 6

 

2.2 Mediation………………………………………………………………………………………………………………………….. 7

 

2.3 Schlichtung………………………………………………………………………………………………………………………. 7

 

2.4 Schiedsverfahren…………………………………………………………………………………………………………… 7

 

2.5 Adjudikation……………………………………………………………………………………………………………………. 8

 

3 Internationale Schiedsverfahren………………………………………………………………………………. 8

 

3.1 Einführung……………………………………………………………………………………………………………………….. 8

 

3.2 Definition „Schiedsverfahren“………………………………………………………………………………. 9

 

3.3 Die Schiedsvereinbarung………………………………………………………………………………………….. 9

 

3.4 Vorteile des Schiedsverfahrens…………………………………………………………………………… 12

 

3.5 Institutionelle Schiedsverfahren und Ad-hoc-Schiedsverfahren……….. 14

 

3.6 Rechtsquellen in Internationalen Schiedsverfahren…………………………………. 17

 

3.7 Ablauf des Schiedsverfahrens……………………………………………………………………………… 20

 

3.8 Internationale Vollstreckbarkeit von Schiedsurteilen……………………………… 27

 

4 Mediation………………………………………………………………………………………………………………………………. 31

 

4.1 Allgemeines…………………………………………………………………………………………………………………… 31

 

4.2 Begriffsklärung: Was ist Mediation?…………………………………………………………………. 32

 

4.3 Prinzipien des Mediationsverfahren…………………………………………………………………. 33

 

4.4 Ablauf eines Mediationsverfahren…………………………………………………………………….. 34

 

4.5 Vollstreckbarkeit der Mediationsvereinbarung…………………………………………… 36

 

4.6 Vorteile der Mediation…………………………………………………………………………………………….. 36

 

4.7 Der Mediator………………………………………………………………………………………………………………… 38

 

4.8 Mediation als vorrangige Konfliktlösungsmethode…………………………………. 39

 

4.9 Gesetzgebung zur Mediation……………………………………………………………………………….. 39

 

5 Thailand…………………………………………………………………………………………………………………………………. 40

 

5.1 Mediation in Thailand……………………………………………………………………………………………… 40

 

5.2 Schiedsverfahren in Thailand………………………………………………………………………………. 41

 

6 Hongkong…………………………………………………………………………………………………………………………….. 47

 

6.1 Mediation in Hongkong…………………………………………………………………………………………. 48

 

6.2 Schiedsverfahren in Hongkong………………………………………………………………………….. 49

 

7 Vietnam………………………………………………………………………………………………………………………………….. 53

 

7.1 Mediation in Vietnam………………………………………………………………………………………………. 53

 

7.2 Schiedsverfahren in Vietnam……………………………………………………………………………….. 53

 

8 Deutschland………………………………………………………………………………………………………………………… 56

 

8.1 Mediation in Deutschland……………………………………………………………………………………… 56

 

8.2 Schiedsverfahren in Deutschland………………………………………………………………………. 61

 

Verehrte Leserin, verehrter Leser,

 

es ist sicher nachvollziehbar, dass es großen Aufwand und nicht unerhebli-che Kosten verursacht, Broschüren zu erstellen und auf dem neuesten Stand zu halten.

 

Unseren Mandanten, Verbänden und öffentlichen Organisationen stellen wir die vollständigen Versionen unserer Broschüren gerne kostenlos zur Verfü-gung. Wir bitten aber um Verständnis, dass wir anderen Nutzern eine Kos-tenbeteiligung von 50 EUR berechnen.

 

Sollte Ihr Interesse an diesem Thema geweckt worden sein, senden Sie eine E-Mail an: [email protected] mit der genauen Bezeichnung der Broschüre(n), die Sie erhalten möchten. Wir werden Ihnen diese dann um-gehend zukommen lassen.

 

Mit freundlichen Grüßen

 

Lorenz & Partners

 

 

 

 

 

Lorenz & Partners

Legal, Tax and Business Consultants

 

 

 

 

Office-Information No.: 51 (EN)

 

 

 

International Arbitration and Commercial Mediation

 

in Germany, Hong Kong, Singapore,

 

Thailand, and Vietnam

 

 

July 2015

 

 

 

 

 

All rights reserved      LORENZ & PARTNERS 2015

 

Table of Content

 

1. Introduction ……………………………………………………………………….. 4
2. Alternative Dispute Resolution ……………………………………………… 5
  2.1. Mediation …………………………………………………………………… 5
  2.2. Conciliation ………………………………………………………………… 5
  2.3. Arbitration ………………………………………………………………….. 5
  2.4. Adjudication ……………………………………………………………….. 6
3. International Arbitration ………………………………………………………. 7
  3.1. Introduction ……………………………………………………………….. 7
  3.2. Definition of Arbitration ……………………………………………….. 7
  3.3. The Arbitration Agreement …………………………………………… 7
  3.4. Advantages of Arbitration …………………………………………….. 8
  3.5. Institutional Arbitration and ad hoc Arbitration ………………. 9
  3.6. Source of Law in International Arbitration ……………………. 12
  3.7. Arbitral Proceedings …………………………………………………… 14
  3.8. International Recognition and Enforcement of Arbitral  
  Awards …………………………………………………………………………….. 19
4. Mediation …………………………………………………………………………. 22
  4.1. General …………………………………………………………………….. 22
  4.2. Definition of Mediation ………………………………………………. 22
  4.3. Principles of Mediation ………………………………………………. 23
  4.4. How Mediation Works ……………………………………………….. 24
  4.5. Enforceability of Mediation Agreements ………………………. 25
  4.6. Advantages of Mediation ……………………………………………. 25
  4.7. The Mediator …………………………………………………………….. 26
  4.8. Legal Framework ………………………………………………………. 26
5. Thailand…………………………………………………………………………… 28
  5.1. Mediation in Thailand ……………………………………………….. 28
  5.2. Arbitration in Thailand ………………………………………………. 29

 

 

 

 

 

 

6. Hong Kong ………………………………………………………………………. 41
  6.1. Mediation in Hong Kong ……………………………………………. 41
  6.2. Arbitration in Hong Kong …………………………………………… 42
7. Vietnam……………………………………………………………………………. 49
  7.1. Mediation in Vietnam ………………………………………………… 49
  7.2. Arbitration in Vietnam ……………………………………………….. 49
8. Germany…………………………………………………………………………… 53
  8.1. Mediation in Germany ……………………………………………….. 53
  8.2. Arbitration in Germany ………………………………………………. 55
9. Singapore …………………………………………………………………………. 59
  9.1. Mediation in Singapore ………………………………………………. 59
  9.2. Arbitration in Singapore ……………………………………………… 59
10. Annex: Recommended Arbitration Clauses ………………………….. 69

 

 

 

 

 

 

 

 

Dear Reader,

 

Keeping brochures up to date involves a lot of effort and considerable cost.

 

The complete version of this brochure is therefore complimentary for our clients, associations and public organisations only. To all other users we charge a cost contribution of 50 EUR. Thank you for your understanding.

 

If this brochure is interesting to you, please contact us by sending an e-mail to: [email protected] naming the brochure(s) you would like to ob-tain.

 

Thank you.

 

Best regards,

 

Lorenz & Partners

 

 

 

 

Lorenz & Partners

Legal, Tax and Business Consultants

 

 

 

 

 

Office Information No.: 52 (EN)

 

 

Personal Income Tax for Expatriates working in

 

Hong Kong, Germany and China

 

 

 

December 2014

 

 

 

 

 

All rights reserved © LORENZ & PARTNERS 2014

 

TABLE OF CONTENTS

 

  1. HONG KONG …………………………………. ERROR! BOOKMARK NOT DEFINED.

 

  • Overview of Tax Liability under Hong Kong Tax Laws (Inland Revenue Ordinance)Error! Bookmark not define

 

2. Salaries Tax Rates………………………………………………………………………………………….. Error! Bookmark not defined.
3. Salaries Tax Liability ……………………………………………………………………………………… Error! Bookmark not defined.
4. Salaries Tax Liability in Hong Kong ……………………………………………………………. Error! Bookmark not defined.
5. DTA Mainland China (PRC) and Hong Kong SAR (HKG) ………………………………………………………………. 7

 

B. CHINA ……………………………………………. ERROR! BOOKMARK NOT DEFINED.
1. Overview of Taxation Principles ………………………………………………………………….. Error! Bookmark not defined.
2. Income Tax Rates …………………………………………………………………………………………. Error! Bookmark not defined.
3. Income Tax Liability …………………………………………………………………………………….. Error! Bookmark not defined.
4. Sources of Income ………………………………………………………………………………………… Error! Bookmark not defined.
5. Withholding Tax …………………………………………………………………………………………… Error! Bookmark not defined.

 

C. GERMANY ……………………………………… ERROR! BOOKMARK NOT DEFINED.
1. Overview of Taxation Principles ………………………………………………………………….. Error! Bookmark not defined.
2. Income Tax Rates …………………………………………………………………………………………. Error! Bookmark not defined.
3. Income Tax Liability …………………………………………………………………………………….. Error! Bookmark not defined.
4. Sources of Income ………………………………………………………………………………………… Error! Bookmark not defined.
5. Withholding Tax …………………………………………………………………………………………… Error! Bookmark not defined.
6. Deductions ……………………………………………………………………………………………………. Error! Bookmark not defined.
7. Exemption from Income Tax ………………………………………………………………………. Error! Bookmark not defined.

 

  1. DOUBLE TAXATION AGREEMENTS (DTA)ERROR! BOOKMARK NOT DEFINE

 

  1. DTA Overview…………………………………………………………………………………………………………………………………………………… 15

 

  1. DTA Relations Between Specific Counteries……………………………………………………………………………………………… 16

 

  1. EXPATRIATE ASSIGNED TO WORK IN THE MAINLAND AND

 

HONG KONG……………………………………………………………………………………………………………………………………………………… 16

 

  1. Income Tax Liability in Germany………………………………………………………………………… Error! Bookmark not defined.
  2. Income Tax Liability in China (China Income)………………………………………………… Error! Bookmark not defined.

 

  1. Income Tax Liability in China (Non-China Income)………………………………………. Error! Bookmark not defined.
  2. Income Tax Liability in Hong Kong…………………………………………………………………… Error! Bookmark not defined.

 

 

 

 

 

 

 

Dear Reader,

 

Keeping brochures up to date involves a lot of effort and considerable cost.

 

The complete version of this brochure is therefore complimentary for our clients, as-sociations and public organisations only. To all other users we charge a cost contribu-tion of 50 EUR. Thank you for your understanding.

 

If this brochure is interesting to you, please contact us by sending an e-mail to: in-[email protected] naming the brochure(s) you would like to obtain.

 

Thank you.

 

Best regards,

Lorenz & Partners

 

 

 

We hope that the information provided in this brochure was helpful for you.

If you have any further questions please do not hesitate to contact us.

 

Lorenz & Partners (Hong Kong) Ltd. Unit 2906, 29th Floor, Wing On Centre 111 Connaught Road

Hong Kong

 

Telephone: +852 252 814 33 E-mail: [email protected]

 

 

 

 

 

ã Lorenz & Partners December 2014 Page 3 of 3
  E-mail: hongkong @lorenz-partners.com  

 

 

 

i

Grünkorn & Partner Law Co., Ltd.

Tax,Tax,LegalandlandBusinessConsultants

Member of WTSMemberTaxLegalofConsultingLorenz &andPartnersLorenz& Partners

 

www.lorenz-partners.com

 

 

 

 

 

Logistics Regulations in Vietnam

 

May 2016

 

 

 

 

 

 

 

 

Grünkorn & Partner Law Co., Ltd.

 

3rd floor Viconship Building

 

6-8 Doan Van Bo Street

 

Ho Chi Minh City

 

Vietnam

 

 

Tel.: +84 8 6261 8231

 

Fax: +84 8 6261 8218

 

E.: [email protected]

 

ii

 

 

In our Newsletter, we regularly inform on updates. You are invited to register. Please click on the link below to add your e-mail address to our mailing list:

 

Subscribe Newsletter

 

 

 

Table of Contents

 

List of abbreviation ……………………………………………………………………………….. 1
1 Executive summary …………………………………………………………………………. 2
2 Introduction ……………………………………………………………………………………. 2
3 Scope of logistics services ………………………………………………………………… 3
4 Overview of possible business structures …………………………………………… 4
4.1 Background ……………………………………………………………………………………………………. 4
4.2 Relationship between WTO and Vietnamese law ……………………………………………. 4
4.3 Joint venture without capped capital contribution rate? ………………………………….. 5
4.4 Overview over possible business structures related to business lines ………………. 8

 

4.4.1 Principal logistics services …………………………………………………………………………………. 9
4.4.2   Logistics services relating to transportation …………………………………………………………. 10
4.4.3 Other relevant logistics services …………………………………………………………………………. 12
5 Outlook ………………………………………………………………………………………… 12
6 Possible proceeding ……………………………………………………………………….. 13
7 Disclaimer …………………………………………………………………………………….. 14
       

 

 

 

 

 

 

 

 

 

 

© Grünkorn & Partner Law Co., Ltd.

 

 

 

 

 

 

 

 

Dear Reader,

 

Keeping brochures up to date involves a lot of effort and considerable cost.

 

The complete version of this brochure is therefore complimentary for our clients, associations and public organisations only. To all other users we charge a cost contribution of 50 EUR. Thank you for your understanding.

 

If this brochure is interesting to you, please contact us by sending an e-mail to: [email protected] naming the brochure(s) you would like to ob-tain.

 

Thank you.

 

Best regards,

 

Lorenz & Partners

 

 

 

 

 

 

 

 

Grünkorn & Partner Law Co., Ltd.

Tax, Legal and Business Consultants

Member of WTS Tax Legal Consulting and Lorenz & Partners www.lawyer-vietnam.com

 

 

 

 

 

 

 

 

 

Foreign Contractor Withholding Tax

 

in Vietnam

 

March 2015

 

 

 

 

Grünkorn & Partner Law Co., Ltd.

 

3rd floor Viconship Building

 

6-8 Doan-Van Bo Street

 

Hoi Chi Minh City

 

Vietnam

 

 

Tel.: +84 8 6261 8231

 

Fax: +84 8 6261 8218

 

E.: [email protected]

 

 

© Grünkorn & Partner Law Co., Ltd.

 

II

 

 

Table of Contents

 

 

List of tables……………………………………………………………………………………………………………………………………….. III

 

List of abbreviations…………………………………………………………………………………………………………………………. III

 

1       Executive Summary…………………………………………………………………………………………………………………….. 1

 

2       Introduction…………………………………………………………………………………………………………………………………… 1

 

2.1 General Information………………………………………………………………………………………………………………………… 1

 

2.2 Taxable Persons………………………………………………………………………………………………………………………………… 2

 

2.3 Tax Exempt Persons and Activities………………………………………………………………………………………………… 3

 

3       Taxable Objects…………………………………………………………………………………………………………………………… 5

 

3.1 VAT-liable Objects…………………………………………………………………………………………………………………………… 5

 

3.2 CIT/PIT-liable Objects……………………………………………………………………………………………………………………. 6

 

4       Methods of Taxation…………………………………………………………………………………………………………………… 7

 

4.1 Overview……………………………………………………………………………………………………………………………………………. 7

 

4.2 Permanent Establishment………………………………………………………………………………………………………………… 8

 

4.2.1       Overview……………………………………………………………………………………………………………………………………….. 8

 

4.2.2       PE under Vietnamese Law……………………………………………………………………………………………………………. 8

 

4.2.3       PE Definition by Double Tax Agreements………………………………………………………………………………………. 9

4.2.4       DTA Vietnam-Germany………………………………………………………………………………………………………………. 9

4.2.5       DTA Vietnam-Singapore……………………………………………………………………………………………………………. 10

4.2.6       Conclusion…………………………………………………………………………………………………………………………………… 10

 

4.3 VAS/Declaration Method…………………………………………………………………………………………………………….. 11

 

4.4 Withholding/Direct Method…………………………………………………………………………………………………………. 12

 

4.4.1       Value Added Tax………………………………………………………………………………………………………………………. 13

 

4.4.2       Corporate Income Tax…………………………………………………………………………………………………………………. 14

 

4.4.3       Final Example……………………………………………………………………………………………………………………………. 16

 

4.5 Hybrid Method……………………………………………………………………………………………………………………………….. 16

 

4.6 Change of Methods………………………………………………………………………………………………………………………… 17

 

5       FCWT Exemptions in Particular Cases…………………………………………………………………………………. 17

 

5.1 FCWT Exemption according to an underlying DTA…………………………………………………………………. 17

 

5.2 Sub-contractors applying the withholding method……………………………………………………………………… 19

 

 

© Grünkorn & Partner Law Co., Ltd.

 

III

 

 

6       Disclaimer……………………………………………………………………………………………………………………………………. 21

 

 

List of tables

 

Table 1:        Deemed Rates of Added Value to Turnover………………………………………………………………………….. 14

 

Table 2:        Deemed CIT-rates for different lines of business………………………………………………………………………. 15

Table 3:        DTA signed by Vietnam and currently being in-force……………………………………………………………… 18

Table 4:        Simplified example for FCT-exemption in case of foreign sub-contractors………………………………….. 20

 

 

 

 

 

 

 

 

 

List of abbreviations

 

Circular 103                   Circular 103/2014/TT-BTC

 

CIT                                     Corporate Income Tax

 

DTA                                    Double Tax Agreement

 

FCWT                               Foreign Contractor Withholding Tax

 

PE                                        Permanent Establishment

 

PIT                                      Personal Income Tax

 

USD                                    United States Dollar

 

VAS                                     Vietnamese Accounting Standards

 

VAT                                    Value Added Tax

 

VND                                   Vietnamese Dong

 

 

 

 

 

 

© Grünkorn & Partner Law Co., Ltd.

 

 

 

 

 

 

Dear Reader,

 

Keeping brochures up to date involves a lot of effort and considerable cost.

 

The complete version of this brochure is therefore complimentary for our clients, associations and public organisations only. To all other users we charge a cost contribution of 50 EUR. Thank you for your understanding.

 

If this brochure is interesting to you, please contact us by sending an e-mail to: [email protected] naming the brochure(s) you would like to ob-tain.

 

Thank you.

 

Best regards,

 

Lorenz & Partners

 

 

 

Lorenz & Partners

Legal, Tax and Business Consultants

 

 

 

 

 

 

 

 

 

 

 

Kanzlei Information Nr.: 61 (DE)

 

 

Geschäftsführung (Board of Directors)

 

und Company Secretary

einer Hong Kong Gesellschaft:

 

Rechte, Pflichten und Aufgaben

 

 

Januar 2015

 

 

 

 

Inhaltsverzeichnis

 

  1. EINFÜHRUNG……………………………………………………………………………………………………………………………………………. 4

 

  1. AUFBAU EINER LIMITED GESELLSCHAFT……………………………………………………………………. 4

 

  1. AUFGABEN DES BOARD OF DIRECTORS (BOD)………………………………………………………… 6

 

  1. Allgemeine Aufgaben und Pflichten……………………………………………………………………………………………………………………… 6

 

  1. Mitglieder des BoD………………………………………………………………………………………………………………………………………………. 6

 

  1. Rechte und Pflichten von Direktoren…………………………………………………………………………………………………………………… 8

 

  1. Verantwortlichkeit des BoD……………………………………………………………………………………………………………………………….. 12

 

  1. Haftung im Innenverhältnis……………………………………………………………………………………………………………………………….. 13

 

  1. Haftung im Außenverhältnis………………………………………………………………………………………………………………………………. 13

 

  1. Versicherung………………………………………………………………………………………………………………………………………………………. 13

 

  1. BESTELLUNG UND ABBERUFUNG EINES DIREKTORS………………………………….. 14

 

  1. Bestellung……………………………………………………………………………………………………………………………………………………………. 14

 

  1. Abberufung…………………………………………………………………………………………………………………………………………………………. 14

 

  1. Rücktritt……………………………………………………………………………………………………………………………………………………………… 15

 

  1. Untauglichkeit……………………………………………………………………………………………………………………………………………………. 15

 

  1. Reserve Direktor/ Vertretung…………………………………………………………………………………………………………………………….. 16

 

  1. Managing Director……………………………………………………………………………………………………………………………………………… 16

 

  1. RÜCKTRITT ODER TOD ALLER DIREKTOREN……………………………………………………….. 17

 

  1. RECHTSFOLGEN DES RÜCKTRITTS BZW. DER ABBERUFUNG……………….. 17

 

  1. COMPANY SECRETARY…………………………………………………………………………………………………………………… 18

 

  1. Überblick……………………………………………………………………………………………………………………………………………………………. 18

 

  1. Rechte, Pflichten und Aufgaben…………………………………………………………………………………………………………………………. 18

 

  1. Bestellung und Abberufung………………………………………………………………………………………………………………………………… 19

 

ANNEX 1……………………………………………………………………………………………………………………………………………………………… 20

 

ANNEX 2……………………………………………………………………………………………………………………………………………………………… 23

 

ANNEX 3……………………………………………………………………………………………………………………………………………………………… 24

 

 

 

 

 

Verehrte Leserin, verehrter Leser,

 

es ist sicher nachvollziehbar, dass es großen Aufwand und nicht unerhebli-che Kosten verursacht, Broschüren zu erstellen und auf dem neuesten Stand zu halten.

 

Unseren Mandanten, Verbänden und öffentlichen Organisationen stellen wir die vollständigen Versionen unserer Broschüren gerne kostenlos zur Verfü-gung. Wir bitten aber um Verständnis, dass wir anderen Nutzern eine Kos-tenbeteiligung von 50 EUR berechnen.

 

Sollte Ihr Interesse an diesem Thema geweckt worden sein, senden Sie eine E-Mail an: [email protected] mit der genauen Bezeichnung der Broschüre(n), die Sie erhalten möchten. Wir werden Ihnen diese dann um-gehend zukommen lassen.

 

Mit freundlichen Grüßen

 

Lorenz & Partners

 

 

 

 

Lorenz & Partners

Legal, Tax and Business Consultants

 

 

 

 

Office Information No.: 61 (EN)

 

 

Hong Kong

Board of Directors and

 

Company Secretaries:

 

Functions and Liabilities

 

 

June 2014

 

Table of Contents

 

1 INTRODUCTION ……………………………………………………………………………………………. 3
2  STRUCTURE OF A LIMITED COMPANY ……………………………………………………….. 3
3  FUNCTIONS OF THE BOARD OF DIRECTORS …………………………………………….. 4
  3.1 THE BOARD’S GENERAL DUTIES ……………………………………………………………………………………….. 4
  3.2 MEMBERS OF THE BOARD…………………………………………………………………………………………………. 5
  3.3 POWERS OF A DIRECTOR …………………………………………………………………………………………………… 5
  3.3.1 General Powers …………………………………………………………………………………………………………….. 5
  3.3.2 Decision Making ………………………………………………………………………………………………………….. 6
  3.3.3 Resolution and Minutes …………………………………………………………………………………………………. 7
  3.4 DUTIES OF A DIRECTOR ……………………………………………………………………………………………………. 7
  3.4.1 Basic Duties …………………………………………………………………………………………………………………. 8
  3.4.2  Standard of care and skill ……………………………………………………………………………………………….. 9
  3.4.3 Directors Report ………………………………………………………………………………………………………….. 10
4 THE BOARD’S LIABILITY ……………………………………………………………………………. 10
  4.1 INTERNAL LIABILITY……………………………………………………………………………………………………….. 10
  4.2 EXTERNAL LIABILITY ……………………………………………………………………………………………………… 10
5 INSURANCE COVERAGE …………………………………………………………………………….. 11
6  APPOINTMENT/REMOVAL OF A DIRECTOR ……………………………………………. 11
  6.1 APPOINTMENT ……………………………………………………………………………………………………………….. 11
  6.2 REMOVAL ……………………………………………………………………………………………………………………….. 12
  6.3 RESIGNATION …………………………………………………………………………………………………………………. 12
  6.4 DISQUALIFICATION…………………………………………………………………………………………………………. 13
  6.5 ALTERNATE/RESERVE DIRECTOR ………………………………………………………………………………….. 13
  6.6 MANAGING DIRECTORS………………………………………………………………………………………………….. 14
  6.6.1 Introduction ………………………………………………………………………………………………………………… 14
  6.6.2 Appointment ………………………………………………………………………………………………………………. 14
  6.6.3 Powers and Duties ……………………………………………………………………………………………………….. 14
  6.6.4 Resignation ………………………………………………………………………………………………………………… 14
  6.6.5  Consequences for poor representation from Managing Director ………………………………………………. 15
  6.7 RESIGNATION OR DEATH OF ALL DIRECTORS………………………………………………………………….. 15
7  CONSEQUENCES OF REMOVAL OR RESIGNATION………………………………….. 15
8 COMPANY SECRETARY ……………………………………………………………………………….. 16
  8.1 POWERS AND DUTIES OF THE COMPANY SECRETARY …………………………………………………….. 16
  8.2 APPOINTMENT AND RESIGNATION OF THE COMPANY SECRETARY ………………………………… 17
ANNEX 1: POWER OF ATORNEY ……………………………………………………………………….. 18
ANNEX 2: APPOINTMENT LETTER …………………………………………………………………. 21
ANNEX 3: WHEN TO FILE TAX RETURN TO THE IRD? ………………………………….. 22
         

 

 

 

 

 

Dear Reader,

 

Keeping brochures up to date involves a lot of effort and considerable cost.

 

The complete version of this brochure is therefore complimentary for our clients, associations and public organisations only. To all other users we charge a cost contribution of 50 EUR. Thank you for your understanding.

 

If this brochure is interesting to you, please contact us by sending an e-mail to: [email protected] naming the brochure(s) you would like to ob-tain.

 

Thank you.

 

Best regards,

 

Lorenz & Partners

 

 

 

Grünkorn & Partner Law Co., Ltd.

Tax, Legal and Business Consultants

 

Member of WTS Tax Legal Consulting and Lorenz & Partners

www.lawyer-vietnam.com

 

 

 

Foreigners Working in Vietnam

 

Work Permits, Visa and Temporary Resident Cards

 

 

 

 

February 2016

 

 

 

 

Grünkorn & Partner Law Co., Ltd.

 

3rd floor Viconship Building

6-8 Doan Van Bo Street

 

Ho Chi Minh City

 

Vietnam

 

 

Tel.: +84 8 6261 8231

 

Fax: +84 8 6261 8218

 

E.: [email protected]

 

 

 

 

 

© Grünkorn & Partner Law Co., Ltd.

 

 

In our Newsletter, we regularly inform on updates. You are invited to register. Please click on the link below to add your e-mail address to our mailing list:

 

Subscribe Newsletter

 

 

 

 

 

 

Table of Contents

 

 

  1. Executive Summary……………………………………………………………………………………………………………….. 1

 

  1. Introduction……………………………………………………………………………………………………………………………….. 1

 

  1. Requirements for a WP……………………………………………………………………………………………………….. 2

 

3.1     Employee Requirements………………………………………………………………………………………………………….. 2

 

3.2     Employer Requirements………………………………………………………………………………………………………….. 3

 

3.3     Proven Demand for Foreign Employees………………………………………………………………………….. 3

 

3.3.1 General Provisions except for contractors……………………………………………………………………………………… 3

 

3.3.2 Special Provisions for Contractors…………………………………………………………………………………………………. 4

 

  1. Exemptions from the requirement of obtaining a WP……………………………………….. 4

 

  1. Procedure of Obtaining a WP………………………………………………………………………………………….. 7

 

  1. Duration of WP………………………………………………………………………………………………………………………… 8

 

  1. Reissuance of WP…………………………………………………………………………………………………………………… 8

 

  1. Withdrawal / revocation of WP………………………………………………………………………………………. 8

 

  1. Consequences of Breach…………………………………………………………………………………………………….. 9

 

  1. Visa………………………………………………………………………………………………………………………………………………. 10

 

 

© Grünkorn & Partner Law Co., Ltd.

 

10.1  Visa exemption…………………………………………………………………………………………………………………………. 10

 

10.2  Signal of visa……………………………………………………………………………………………………………………………… 11

 

10.3  Validity and duration of a visa……………………………………………………………………………………………. 13

 

10.4  Application of visa………………………………………………………………………………………………………………….. 14

 

10.5  Visa shall not be extended……………………………………………………………………………………………………. 14

 

10.6  Temporary Resident Card……………………………………………………………………………………………………. 15

 

  1. Outlook………………………………………………………………………………………………………………………………………. 15

 

  1. Disclaimer………………………………………………………………………………………………………………………………… 16

 

EXEMPTION FROM ENTRY VISA TO VIETNAM……………………………………………… 17

 

 

 

List of abbreviations

 

Circular 03                     Circular  03/2014/TT-BLDTBXH  dated  20  January  2014  issued  by

 

Ministry of Labor – War Invalids and Social Affairs

 

Decree 11                        Decree 11/2016/ND-CP dated 03 February 2016

 

Decree 102                     Decree 102/2013/ND-CP dated 05 September 2013

 

DoLISA                            Department of Labor – War Invalids and Social Affairs

 

MoLISA                          Ministry of Labor – War Invalids and Social Affairs

 

ODA                                   Official Development Assistance

 

PIT                                      Personal Income Tax

 

PRC                                    Permanent Resident Card

 

TRC                                    Temporary Residence Card

 

WP                                       Work Permit(s)

 

WV                                       Working Visa

 

 

 

 

 

 

 

© Grünkorn & Partner Law Co., Ltd.

 

 

 

 

 

Dear Reader,

 

Keeping brochures up to date involves a lot of effort and considerable cost.

 

The complete version of this brochure is therefore complimentary for our clients, associations and public organisations only. To all other users we charge a cost contribution of 50 EUR. Thank you for your understanding.

 

If this brochure is interesting to you, please contact us by sending an e-mail to: [email protected] naming the brochure(s) you would like to ob-tain.

 

Thank you.

 

Best regards,

 

Lorenz & Partners

 

 

 

 

 

 

 

Grünkorn & Partner Law Co., Ltd.

 

 

Tax, Legal and Business Consultants

 

Member of WTS Tax Legal Consulting and Lorenz & Partners www.lawyer-vietnam.com

 

 

 

 

 

 

 

Wind Energy in Vietnam

 

March 2015

 

 

 

 

Grünkorn & Partner Law Co., Ltd.

 

3rd floor Viconship Building

6-8 Doan Van Bo Street

 

Hoi Chi Minh City

 

Vietnam

 

 

Tel.: +84 8 6261 8231

 

Fax: +84 8 6261 8218

 

E.: [email protected]

 

    II  
    Table of Contents  
List of tables ………………………………………………………………………………………. III
1. Introduction to Vietnam …………………………………………………………………… 1
2.  Wind Energy in Vietnam ………………………………………………………………….. 1
2.1 Wind Energy Potential ……………………………………………………………………………. 1
2.2Demand for Wind Energy ………………………………………………………………………. 3
2.3Support for Investments in Wind Energy ……………………………………………… 3
2.3.1 Buying Guarantee ………………………………………………………………………………… 4
2.3.2 Tax and related Benefits ……………………………………………………………………… 4
2.4 Legal Framework …………………………………………………………………………………….. 5
2.4.1 Investment Certificate of the Business Entity …………………………………… 5
2.4.2 Compliance of the Project with the National and Provincial  
  Planning ………………………………………………………………………………………………………. 5
2.4.3 Procedure for investment ……………………………………………………………………. 6
2.4.4 Contract on Connecting to Grid and selling Electricity …………………… 8
2.4.5 Construction permit …………………………………………………………………………….. 9
2.4.6 Electricity Operation Permit ………………………………………………………………. 9
2.4.7 Withdrawal of the Investment Certificate ………………………………………… 10
3. Conclusion ……………………………………………………………………………………. 10
4. Disclaimer …………………………………………………………………………………….. 10

 

 

 

© Grünkorn & Partner Law Co., Ltd.

 

III

 

 

List of tables

 

Table 1:      Estimation of the developable wind resource potential of Vietnam and the potential

wind plant capacity………………………………………………………………………………………………………….. 2

 

 

 

List of abbreviations

 

CIRCULAR 32          Circular 32/2012/TT-BTC dated 12 November 2012 issued by

 

The Ministry of Industry and Trade on implementation of wind

 

power projects development and Standardized Power Purchase

 

agreement for wind power projects

 

DECISION 37           Decision No. 37/2011/QD-TTg dated 29 June 2011 by the

 

Prime Minister of Government

 

EVN                                   Vietnam Electricity

 

KM2                                   Square kilo meter

 

KWH                                 Kilowatt-hour

 

M                                          Meter

 

M/S                                    Meter per second

 

MOIT                               Ministry of Industry and Trade

 

MW                                     Mega Watt

 

USD                                   United States Dollar

 

VAT                                    Value added tax

 

VND                                  Vietnamese Dong

 

 

 

© Grünkorn & Partner Law Co., Ltd.

 

 

 

 

 

 

 

Dear Reader,

 

Keeping brochures up to date involves a lot of effort and considerable cost.

 

The complete version of this brochure is therefore complimentary for our clients, associations and public organisations only. To all other users we charge a cost contribution of 50 EUR. Thank you for your understanding.

 

If this brochure is interesting to you, please contact us by sending an e-mail to: [email protected] naming the brochure(s) you would like to ob-tain.

 

Thank you.

 

Best regards,

 

Lorenz & Partners

 

 

Grünkorn & Partner Law Co., Ltd.

 

 

Tax, Legal and Business Consultants

 

Member of WTS Tax Legal Consulting and Lorenz & Partners

 

www.lawyer-vietnam.com

 

 

 

 

 

 

 

 

Administration

 

of Labour Information

 

in Vietnam

 

 

 

 

 

April 2015

 

 

 

 

 

 

 

 

Grünkorn & Partner Law Co., Ltd.

 

3rd floor Viconship Building

 

6-8 Doan-Van Bo Street

 

Hoi Chi Minh City

 

Vietnam

 

 

Tel.: +84 8 6261 8231

 

Fax: +84 8 6261 8218

 

E.: [email protected]

 

II

 

Table of Contents

 

Table of Contents………………………………………………………………………………………………………………………………………. II

 

List of abbreviations………………………………………………………………………………………………………………………………… II

 

  1. Executive Summary…………………………………………………………………………………………………………………………… 1

 

  1. Procedure and Order of Labour Recruitment………………………………………………………………………….. 1

 

2.1. Notification on Labour Recruitment………………………………………………………………………………………………… 1

 

2.2. Handling the applications submitted…………………………………………………………………………………………………. 2

 

  1. Management of Labour Information and Statistic Report Regime………………………………… 2

 

3.1. System of Management of Labour Information.…………………………………………………………………….. 2

 

3.2. Regime of Labour Reports…………………………………………………………………………………………………………………… 3

 

  1. Disclaimer……………………………………………………………………………………………………………………………………………… 4

 

Appendix: Application form for labour recruitment……………………………………………………………………… 5

 

 

 

List of abbreviations

 

Circular 23                     Circular No. 23/2014/TT-BLĐTBXH dated 29 August 2014

 

Decree 03                        Decree No. 03/2014/NĐ-CP dated 16 January 2014

 

Labour Code                Labour Code No. 10/2012/QH13 dated 18 June 2012

 

MoLISA                           Ministry of Labour – Invalids and Social Affairs

 

 

 

 

Dear Reader,

 

Keeping brochures up to date involves a lot of effort and considerable cost.

 

The complete version of this brochure is therefore complimentary for our clients, associations and public organisations only. To all other users we charge a cost contribution of 50 EUR. Thank you for your understanding.

 

If this brochure is interesting to you, please contact us by sending an e-mail to: [email protected] naming the brochure(s) you would like to ob-tain.

 

Thank you.

 

Best regards,

 

Lorenz & Partners

 

 

 

 

Grünkorn & Partner Law Co., Ltd.

Tax, Legal and Business Consultants

 

Member of WTS Tax Legal Consulting and Lorenz & Partners

 

www.lawyer-vietnam.com

 

 

 

 

 

 

Real Estate Business in Vietnam

 

(focused on foreign investments)

 

January 2016

 

 

 

 

 

 

 

 

 

 

Grünkorn & Partner Law Co., Ltd.

 

3rd floor Viconship Building

6-8 Doan Van Bo Street

 

Ho Chi Minh City

 

Vietnam

 

 

Tel.: +84 8 6261 8231

 

Fax: +84 8 6261 8218

 

E.: [email protected]

 

 

 

© Grünkorn & Partner Law Co., Ltd.

 

II

 

 

In our Newsletter, we regularly inform on updates. You are invited to register. Please click on the link below to add your e-mail address to our mailing list:

 

Subscribe Newsletter

 

 

 

 

Table of Contents

 

 

List of abbreviations …………………………………………………………………………… III
1. Executive Summary …………………………………………………………………………. 1
2. Introduction ……………………………………………………………………………………. 1
3. Real Estate Business ……………………………………………………………………….. 2
3.1. Activities of Real Estate Business …………………………………………………………………… 3
3.2. Conditions ……………………………………………………………………………………………………… 3
3.2.1 General Conditions ………………………………………………………………………………………… 3
3.2.2 Percentage of foreign ownership ………………………………………………………………………….. 5
3.2.3 Capital structure ……………………………………………………………………………………………. 5
3.2.4   Limitations of the scope of business …………………………………………………………………….. 6
4. Land Use Right and Related Issues …………………………………………………… 8
4.1. Land Use Right …………………………………………………………………………………. 8
4.2. Rights and Obligations under the LUR…………………………………………………… 9
4.3. Residential Housing Ownership ……………………………………………………………. 9
4.4. Foreigner Owned Residential Housing …………………………………………………. 10
5. Incentives on Land Applicable to Foreign Invested Project ……………….. 12
6. Disclaimer …………………………………………………………………………………….. 13
       

 

 

 

 

© Grünkorn & Partner Law Co., Ltd.

 

 

 

 

 

Dear Reader,

 

Keeping brochures up to date involves a lot of effort and considerable cost.

 

The complete version of this brochure is therefore complimentary for our clients, associations and public organisations only. To all other users we charge a cost contribution of 50 EUR. Thank you for your understanding.

 

If this brochure is interesting to you, please contact us by sending an e-mail to: [email protected] naming the brochure(s) you would like to ob-tain.

 

Thank you.

 

Best regards,

 

Lorenz & Partners

 

 

 

 

 

 

 

Lorenz & Partners

Legal, Tax and Business Consultants

 

 

 

Kanzlei-Information Nr.: 066 (DE)

 

 

E-Commerce in China und Thailand

 

 

September 2015

 

 

 

 

A l l  r i g h t s  r e s e r v e d  ã Lorenz & Partners 2015

 

Inhaltsverzeichnis

 

  1. Einführung…………………………………………………………………………………………………………………………….. 3

 

  1. Formen des Onlinehandels………………………………………………………………………………………… 3

 

2.1 „E-Commerce“…………………………………………………………………………………………………………………….. 3

 

2.2 Elektronischer Marktplatz…………………………………………………………………………………………………. 3

 

2.3 Social Commerce…………………………………………………………………………………………………………………. 4

 

2.4 Vor- und Nachteile……………………………………………………………………………………………………………… 4

 

2.4.1 „E-Commerce“…………………………………………………………………………………………………………… 4

 

2.4.2 Elektronischer Marktplatz……………………………………………………………………………………….. 5

 

2.4.3 „Social Commerce“…………………………………………………………………………………………………… 6

 

  1. China………………………………………………………………………………………………………………………………………….. 7

 

3.1 Einführung…………………………………………………………………………………………………………………………….. 7

 

3.2 Rechtliche Rahmenbedingungen……………………………………………………………………………………… 7

 

3.2.1 Bisherige Regulierung……………………………………………………………………………………………….. 8

 

3.2.2 Jüngste Entwicklungen…………………………………………………………………………………………….. 9

 

3.2.3 Weitere Reformen……………………………………………………………………………………………………. 10

 

  1. Thailand………………………………………………………………………………………………………………………………… 11

 

4.1 Einführung………………………………………………………………………………………………………………………….. 11

 

4.2 Rechtliche Rahmenbedingungen……………………………………………………………………………………. 11

 

4.2.1 Foreign Business Act………………………………………………………………………………………………. 11

 

4.2.2 Investitionsförderung durch das Board of Investment…………………………………… 12

 

4.2.3 Foreign Business Licence………………………………………………………………………………………. 14

 

4.2.4 Behördliche Genehmigungen……………………………………………………………………………….. 15

 

4.2.5 Verbraucherschutz- und Produkthaftungsbestimmungen……………………………… 17

 

  1. Zusammenfassung………………………………………………………………………………………………………… 18

 

 

 

 

 

 

A l l  r i g h t s  r e s e r v e d  ã Lorenz & Partners 2015

 

 

 

Verehrte Leserin, verehrter Leser,

 

es ist sicher nachvollziehbar, dass es großen Aufwand und nicht unerhebli-che Kosten verursacht, Broschüren zu erstellen und auf dem neuesten Stand zu halten.

 

Unseren Mandanten, Verbänden und öffentlichen Organisationen stellen wir die vollständigen Versionen unserer Broschüren gerne kostenlos zur Verfü-gung. Wir bitten aber um Verständnis, dass wir anderen Nutzern eine Kos-tenbeteiligung von 50 EUR berechnen.

 

Sollte Ihr Interesse an diesem Thema geweckt worden sein, senden Sie eine E-Mail an: [email protected] mit der genauen Bezeichnung der Broschüre(n), die Sie erhalten möchten. Wir werden Ihnen diese dann um-gehend zukommen lassen.

 

Mit freundlichen Grüßen

 

Lorenz & Partners

 

 

 

Grünkorn & Partner Law Co., Ltd.

Tax, Legal and Business Consultants

Member of WTS Tax Legal Consulting and Lorenz & Partners www.lawyer-vietnam.com

 

 

 

 

 

 

 

Food and Beverages Investment

 

in Vietnam

 

March 2016

 

 

 

 

 

 

 

Grünkorn & Partner Law Co., Ltd.

 

3rd floor Viconship Building

6-8 Doan Van Bo Street

 

Ho Chi Minh City

 

Vietnam

 

 

Tel.: +84 8 6261 8231

 

Fax: +84 8 6261 8218

 

E.: [email protected]

 

ii

 

 

In our Newsletter, we regularly inform on updates. You are invited to register. Please click on the link below to add your e-mail address to our mailing list:

 

Subscribe Newsletter

 

 

 

 

 

Table of Contents

 

List of abbreviation……………………………………………………………………………………………………….. iv

 

1             Executive Summary………………………………………………………………………………………………………………………………. 1

 

2            Market Overview…………………………………………………………………………………………………………………………………….. 1

 

2.1.       Internationalization of the Food and Beverage Market of Vietnam………………………………………. 1

 

2.2.       Market development in the sector of Food & Beverage Industry………………………………………….. 2

 

2.3.       Strengths and Opportunities the Food market………………………………………………………………………………. 2

 

2.3.1.   Strengths………………………………………………………………………………………………………………………………………………………….. 2

 

2.3.2.   Opportunities…………………………………………………………………………………………………………………………………………………… 3

 

2.3.3.   Challenges……………………………………………………………………………………………………………………………………………………….. 3

 

3            Legal framework…………………………………………………………………………………………………………………………………….. 3

 

3.1.       WTO Commitments………………………………………………………………………………………………………………………………… 3

 

3.2.       Vietnamese Legal Framework for Food and Beverage Industry…………………………………………….. 4

 

3.3.       Other law governing the business in Food and Beverage field……………………………………………….. 4

 

3.4.       Specialized Authorities in ensuring food safety……………………………………………………………………………… 5

 

3.4.1.   Ministry of Health and its local Departments:……………………………………………………………………………………………. 5

 

3.4.2.   Ministry of Agriculture and Rural Development and its local Departments…………………………………………… 5

 

3.4.3.   Ministry of Industry and Trade and its local Departments……………………………………………………………………….. 5

 

3.5.       Some major specialize regulations are:……………………………………………………………………………………………… 5

 

3.5.1.   Definition of food and food trading………………………………………………………………………………………………………………. 5

 

3.5.2.   Production and trading of food……………………………………………………………………………………………………………………… 6

 

3.5.3.   Import of food…………………………………………………………………………………………………………………………………………………. 6

 

3.5.4.   Special conditions for wine producers and traders……………………………………………………………………………………….. 7

 

© Grünkorn & Partner Law Co., Ltd.

 

iii

 

 

3.5.5.   Conditions for beer manufacturers and traders……………………………………………………………………………………………. 8

 

3.5.6.   Advertisement of food…………………………………………………………………………………………………………………………………….. 9

 

3.5.7.   Other requirements…………………………………………………………………………………………………………………………………………. 9

 

3.6.       Law on Quality of Goods and Products 2007……………………………………………………………………………….. 9

 

3.7.       Law on Standards and Technical Regulations 2006………………………………………………………………….. 10

 

3.8.       Customs Tariffs for import of Food and Beverage to Vietnam…………………………………………… 10

 

4            Changes under the FTA EU-Vietnam………………………………………………………………………………………. 12

 

4.1.       Customs duties shall be eliminated………………………………………………………………………………………………….. 12

 

4.2.       Non-tariff barrier shall be reduced………………………………………………………………………………………………….. 13

 

4.3.       Geographical Indications shall be protected……………………………………………………………………………….. 14

 

4.4.       Protection of intellectual property…………………………………………………………………………………………………… 14

 

4.5.       Investment shall be promoted and protected……………………………………………………………………………… 14

 

5            Disclaimer……………………………………………………………………………………………………………………………………………….. 14

 

 

 

 

© Grünkorn & Partner Law Co., Ltd.

 

 

 

Dear Reader,

 

Keeping brochures up to date involves a lot of effort and considerable cost.

 

The complete version of this brochure is therefore complimentary for our clients, associations and public organisations only. To all other users we charge a cost contribution of 50 EUR. Thank you for your understanding.

 

If this brochure is interesting to you, please contact us by sending an e-mail to: [email protected] naming the brochure(s) you would like to ob-tain.

 

Thank you.

 

Best regards,

 

Lorenz & Partners

 

 

List of Brochures & Newsletters

 

 

 

June 2016

 

 

 

INTRODUCTION TO OUR PUBLICATIONS

 

 

 

  • Newsletters

 

Our newsletters are regularly distributed publications aiming to keep you up to date with the latest legal developments in Asia. Newsletters are covering various topics which might be of interest not only to our clients but to others investing in Asia as well.

 

  • Brochures

 

After many years of experience with counselling and managing companies investing in Asia and working together with public authorities, we have outlined the collected information in our brochures. Each brochure contains in-depth information about one major topic and points out important facts that have to be taken into consideration before entering the Asian market.

 

  • Books

 

Further to our publications on our website, we have also published books on national law and tax:

 

The German and Chinese Labour Law: A practical handbook in German, English and Chinese

 

– 1st Edition, 2015, 311 Pages –

 

Investment in Thailand: Das Rechts- und Steuerhandbuch für den Praktiker,

 

– 10th Edition, 2014, 334 Pages –

 

Investment in Hongkong: Das Rechts- und Steuerhandbuch für den Praktiker

 

– 5th Edition, 2014, 243 Pages –

 

Investment in China: Das Rechts- und Steuerhandbuch für den Praktiker

 

– 2nd Edition, 2014, 169 pages –

 

Investing in Vietnam: A practical guide to Investments in Vietnam

 

– 3rd Edition, 2012, 252 pages –

 

All books can be ordered via various online shops, including www.springer.com, www.amazon.de and www.amazon.com.

 

 

 

 

 

Table of contents

 

International………………………………………………………………………………………………………………………………………… p…. 4

 

Thailand…………………………………………………………………………………………………………………………………………………. p…. 6

 

Germany……………………………………………………………………………………………………………………………………………….. p. 11

 

Hong Kong………………………………………………………………………………………………………………………………………….. p. 13

 

China……………………………………………………………………………………………………………………………………………………….. p. 17

 

Vietnam…………………………………………………………………………………………………………………………………………………. p. 18

 

 

 

 

 

International

Type            No.           Language       Title                                                                                               Updated as of

 

 

NL 209 EN Business Opportunities for Foreigners in Iran: A Mar. 2016
      Legal and Tax Update    
NL 209 GE Geschäftsmöglichkeiten für ausländische Investo- Mar. 2016
      ren im Iran: Ein (steuer-)rechtlicher Lagebericht  
BR 013 GE Das UN-Kaufrecht (CISG) (33 pages) Nov. 2015
NL 183 GE Wesentliche Unterschiede bei Warenkäufen nach Nov. 2015
      dem CISG und dem BGB  
NL 111 GE Stiftungen  und  Trusts  im  Vergleich  –  Deutsch- Nov. 2015
      land, Hongkong, Labuan (Malaysia)  
NL 062 EN Demand Guarantees and Unfair Calling of Guar- Nov. 2015
      antees    
BR 051 EN International Arbitration and Commercial Media- Jul. 2015
      tion in Germany, Hong Kong, Singapore, Thai-  
      land and Vietnam (71 pages)  
BR 051 GE Schiedsverfahren  und Wirtschaftsmediation  in Jul. 2015
      Thailand, Hongkong, Vietnam und Deutschland  
      (65 pages)    
NL 010 GE Zur Steuerpflicht eines GmbH-Geschäftsführers Jun. 2015
      mit Wohnsitz im Ausland  
BR 044 EN Tax Optimisation through a Trust (33 pages) Feb. 2015
NL 102 GE Vorteile  von  allgemeinen  Geschäftsbedingungen Jan. 2015
      (AGB) auf Grundlage der United Nations Con-  
      vention on Contracts for the International Sale of  
      Goods (CISG)    
NL 102 EN Advantages of applying the United Nation Con- Jan. 2015
      vention on Contracts for the International Sale of  
      Goods (CISG) in General Terms and Conditions  
NL 108 GE Zollfreier Handel innerhalb von ASEAN und den Jan. 2015
      Nachbarländern    
BR 031 GE Doppelbesteuerungsabkommen Deutschland – Jan. 2015
      Thailand – Hongkong im Vergleich (54 pages)  
NL 117 EN Überblick über die DBA mit Hongkong Dec. 2014
NL 116 GE Internationale Vertragsgestaltung unter besonde- Dec. 2014
      rer  Berücksichtigung  des  internationalen  Privat-  
      rechts    
BR 042 GE Forderungssicherung   im   internationalen   Ge- Dec. 2014
      schäftsverkehr (54 pages)  
BR 052 EN Personal Income Tax for Expatriates working in Dec. 2014
      Hong Kong, Germany and China (19 pages)  
NL 064 GE Schadensersatzrecht: Rechtsvergleich Hongkong/ Nov. 2014
      Thailand/ Deutschland    

 

International

Type            No.           Language       Title                                                                                               Updated as of

 

 

NL 094 GE Steuerfolgen bei Auslandsentsendung Nov. 2014
NL 185 EN The 2014 Update of the OECD Model Tax Con- Oct. 2014
      vention and Commentary  
BR 023 EN What WTO means to your Business (37 pages) Aug. 2014
NL 119 EN Comparison of commonly used Hardship and Jul. 2014
      Force Majeure Clauses in respect of: ICC,  
      UNIDROIT, CISG, FIDIC and German Law  
NL 055 EN Trade Terms in International Sale of Goods and Mar. 2014
      International Commercial Terms (INCOTERMS)  
NL 159 EN How to set up a Company in Myanmar Nov. 2013
NL 166 EN Latest Developments in Myanmar Oct. 2013
NL 161 GE Besteuerung der Delaware Gesellschaft Jun. 2013

 

 

 

 

 

 

Thailand

 

Type            No.           Language       Title                                                                                               Updated as of

 

 

 

NL 070 EN „Carrying on Business“ and „Having a (tax- Jun. 2016
      able) Permanent Establishment“ in Thailand  
BR 011 GE Visa und Work Permit für Ausländer in Thai- May 2016
      land (31 pages)    
NL 125 EN Working in Thailand – An Overview of the May 2016
      Legal Framework    
NL 053 EN Establishment of a Branch Office in Thailand Apr. 2016
NL 210 EN Renewable Energy in Thailand Apr. 2016
NL 210 GE Erneuerbare Energien in Thailand Apr. 2016
BR 006 EN Guide to BOI Applications (10 pages) Apr. 2016
BR 006 GE Hinweise zu BOI Anträgen (11 pages) Apr. 2016
NL 162 EN Taxation of Technical Services in Thailand Mar. 2016
NL 093 EN Synopsis on Transfer Pricing in Hong Kong, Mar. 2016
      Thailand and Vietnam    
NL 003 EN The Withholding Tax System in Thailand Mar. 2016
NL 208 EN Green Building in Thailand Mar. 2016
NL 206 EN BOI Promotion: Cluster and Super Cluster Mar. 2016
BR 001 EN How to set up a Company in Thailand Mar. 2016
      (26 pages)    
BR 001 GE Gesellschaftsgründungen in Thailand Mar. 2016
      (28 pages)    
BR 018 GE Unfair Contract Terms Act (16 pages) Mar. 2016
BR 004 GE Das   Schiedsgerichtsverfahren   (Arbitration) Mar. 2016
      und die Vollstreckung von Schiedsurteilen in  
      Thailand (58 pages)    
NL 193 EN BOI Promotion for International Headquar- Feb. 2016
      ters (IHQ)    
NL 205 EN BOI  Promotion  for  International  Trading Feb. 2016
      Centre (ITC)    
NL 045 EN BOI  Promotion  for  Trade  and  Investment Feb. 2016
      Support Office (TISO)    
NL 054 EN Establishment of a Representative Office in Feb. 2016
      Thailand    
NL 054 GE Repräsentationsbüro in Thailand Feb. 2016

 

Thailand

 

Type            No.           Language       Title                                                                                 Updated as of

 

NL 204 EN How to Issue Warning Letters in Thailand Jan. 2016
NL 095 EN How  to  terminate  a  Thai  Employment Jan. 2016
      Agreement      
NL 118 EN Establishment   of   a   Regional   Operating Nov. 2015
      Headquarters      
NL 198 GE E-Commerce in Thailand   Nov. 2015
NL 153 EN New BOI Policy on Investment Promotion Nov. 2015
      2015        
NL 041 GE Betriebsstätte  im  Ausland:  Entstehung  und Nov. 2015
      steuerliche Konsequenzen    
NL 013 EN How to Secure Performances and Obligations Nov. 2015
      under Contracts      
NL 001 EN Who Requires a Foreign Business Operating Oct. 2015
      License?      
BR 009 EN The Thai Labour Law (30 pages)   Oct. 2015
BR 009 GE Das thailändische Arbeitsrecht (45 pages) Oct. 2015
BR 066 GE E-Commerce  in  Thailand  und  China  (18 Sep. 2015
      pages)        
BR 007 GE Steuerinformation Thailand/ Deutschland (91 Sep. 2015
      pages)        
NL 196 EN Acceptance  of  Gifts  by  State  Officials  in Aug. 2015
      Thailand      
BR 021 GE Ehe Familie Scheidung (48 pages)   Aug. 2015
BR 030 GE Der internationale Erbfall Thailand/ Aug. 2015
      Deutschland (32 pages)      
BR 051 EN International  Arbitration  and Commercial Jul. 2015
      Mediation  in Germany, Hong Kong, Singa-  
      pore, Thailand and Vietnam (71 pages)  
BR 051 GE Schiedsverfahren  und Wirtschaftsmediation Jul. 2015
      in   Thailand,   Hongkong,   Vietnam   und  
      Deutschland (65 pages)      
NL 195 EN Transfer Pricing in Thailand   Jul. 2015
NL 010 GE Zur Steuerpflicht eines GmbH- Jun. 2015
      Geschäftsführers mit Wohnsitz im Ausland  
NL 147 GE Investitionsförderung in Thailand – Industrial May 2015
      Estates vs. BOI      

 

 

 

 

Thailand

 

Type            No.           Language       Title                                                                               Updated as of

 

NL 011 EN 90 Days Reporting for Foreigners in Thailand May 2015
NL 032 EN Work Permit Requirements in Thailand May 2015
BR 019 EN Duties and Liability of Directors of Thai Lim- May 2015
      ited Companies (19 pages)  
BR 019 GE Pflichten und Haftung von Direktoren einer May 2015
      thailändischen Unternehmung (18 pages)  
BR 040 EN Taxation    of    Expatriates    in    Thailand May 2015
      considering    the    German-Thai    Double  
      Taxation Agreement and benefits of an Inter-  
      national Headquarters (17 pages)  
NL 153 GE Die neuen Förderrichtlinien des BOI Apr. 2015
NL 136 EN The Residence Permit in Thailand Feb. 2015
NL 015 EN How to Enforce Court Orders and Arbitral Feb. 2015
      Awards  
NL 146 EN Employee’s Benefits under the Labour Pro- Jan. 2015
      tection Act  
NL 029 EN Power of Attorney and Transactions of the Jan. 2015
      Board of Directors  
NL 019 EN Foreigners as Owners of Land or Houses in Jan. 2015
      Thailand and Legal Instruments to Secure the  
      Possession of Land  
NL 016 EN Transfer of Shares and Shareholder Book Jan. 2015
BR 017 EN Bankruptcy   and   Business   Reorganisation Jan. 2015
      Law, Procedures and Forms (54 pages)  
NL 108 GE Zollfreier Handel innerhalb von ASEAN und Jan. 2015
      den Nachbarländern  
NL 042 EN Validity  of  Clauses  concerning  Choice  of Jan. 2015
      Law, Choice of Court and Arbitral Awards in  
      International Contracts in Thailand  
NL 030 EN Real Estate Transaction and Tax in Thailand Jan. 2015
NL 018 EN Income Tax Free Travel Allowance and Re- Jan. 2015
      porting of Foreigner’s Income  
NL 014 EN Retention of Title and Other Securities Jan. 2015
BR 031 GE Doppelbesteuerungsabkommen Deutschland Jan. 2015
      – Thailand – Hongkong im Vergleich (54  
      pages)  

 

 

 

 

Thailand

 

Type            No.           Language       Title                                                                                          Updated as of

 

 

BR 041 GE Forderungsbeitreibung in Deutschland, Thai- Dec. 2014
      land und Hongkong (26 pages)  
NL 083 GE Freihandelsabkommen Thailand / Japan Dec. 2014
NL 072 EN Taxation of Capital Gains from the Sale of Dec. 2014
      Shares in a Thai Co., a Listed Co., or a For-  
      eign Co.    
NL 069 EN Withholding Tax on Dividends in Thailand Dec. 2014
NL 057 EN The Thai Social Security System Dec. 2014
NL 039 EN How to Book Foreign Currency Invoices in Dec. 2014
      Thailand    
NL 025 EN Notarisation of Documents and Signatures in Dec. 2014
      Germany and Thailand    
BR 015 GE Finanzierungshilfen  im Geschäft  zwischen Dec. 2014
      Thailand und Deutschland (18 pages)  
NL 064 GE Schadensersatzrecht: Rechtsvergleich Hong- Nov. 2014
      kong/ Thailand/ Deutschland  
BR 016 GE Der  thailändische  Intellectual  Property  and Nov. 2014
      International Trade Court (10 pages)  
NL 051 GE Zweck und Form des Resignation Letter Nov. 2014
NL 094 GE Steuerfolgen bei Auslandsentsendung Nov. 2014
NL 188 EN Rights and Protection of Minority Sharehold- Nov. 2014
      ers in Thailand    
NL 184 EN Personal  Taxation:  The  Thai  and  French Oct. 2014
      Residency Rules    
BR 012 GE Schutz  von  Patenten  und  Warenzeichen  in Oct. 2014
      Thailand (40 pages)    
BR 012 EN Protection  of  Patents  and  Trademarks  in Oct. 2014
      Thailand (21 pages)    
BR 024 EN Liquidation  of  a  Thai  Company:  Law  and Oct. 2014
      Procedure (11 pages)    
NL 009 EN Liquidation of a Thai Company Oct. 2014
BR 010 GE Der thailändische Civil and Commercial Code Oct. 2014
      im Überblick (33 pages)    
BR 008 GE Management in Thailand (24 pages) Oct. 2014
BR 002 GE Immobilienerwerb durch Ausländer in Thai- Oct. 2014
      land (26 pages)    
       
ã Lorenz & Partners June 2016   Page 9 of 18
    Tel.: + 66 (0) 2 287 1882 e-mail: [email protected]
           

 

Thailand

 

Type            No.           Language       Title                                                                                               Updated as of

 

 

 

NL 084 GE Service-Betriebsstätte durch Erbringung von Mar. 2014
      Services / Leistungen von kurzer Dauer  
NL 056 EN Hong  Kong  –  Thailand  Double  Taxation Mar. 2014
      Agreement    
NL 055 EN Trade Terms in International Sale of Goods Mar. 2014
      andInternationalCommercial Terms  
      (INCOTERMS)    
NL 006 EN “Cross-Shareholding” and Taxation of Divi- Mar. 2014
      dends in Thailand    
NL 006 GE Problematik der Dividendenausschüttung bei Mar. 2014
      “Cross-Shareholding”    
NL 005 GE Withholding Tax Certificate für Zinszahlun- Mar. 2014
      gen  von  Thailand  nach  Deutschland  und  
      Fremdwährungsrechnungen  innerhalb Thai-  
      lands    
NL 167 EN Thailand’s Accession to the Madrid Protocol Nov. 2013
NL 002 EN The Thai Value Added Tax (VAT) System Jul. 2013
NL 012 EN New Regulations on Work Permits   Jan. 2013

 

 

Germany

 

  Type No. Language Title       Updated as of
           
  NL 028 GE Ausnahmen  von  der  Steuerfreistellung  von Feb. 2016
        Arbeitslohn bei Entsendungen      
  NL 111 GE Stiftungen und Trusts im Vergleich – Deutsch- Nov. 2015
        land, Hongkong, Labuan (Malaysia)      
  NL 088 GE Steuerliche Folgen der Verlagerung des Ortes Nov. 2015
        der  Geschäftsleitung  einer  deutschen  GmbH    
        ins Ausland        
  NL 080 GE Hinzurechnungsbesteuerung  nach  dem  Au- Nov. 2015
        ßensteuergesetz in Bezug auf Hongkong Ge-    
        sellschaften        
  NL 063 GE Die Besteuerung von Miet- und Zinseinkünf- Nov. 2015
        ten   bei   beschränkt   Steuerpflichtigen   in    
        Deutschland        
  NL 041 GE Betriebsstätte  im  Ausland:  Entstehung  und Nov. 2015
        steuerliche Konsequenzen        
  NL 013 EN How to secure Performances and Obligations Nov. 2015
        under Contracts        
  BR 007 GE Steuerinformation Thailand/ Deutschland (91 Sep. 2015
        pages)          
  NL 087 GE Die Ausstrahlungswirkung bei Arbeitnehmer- Aug. 2015
        entsendung im deutschen Sozialversicherungs-    
        recht          
  BR 021 GE Ehe Familie Scheidung (48 pages)   Aug. 2015
  BR 030 GE Der internationale Erbfall Thai- Aug. 2015
        land/Deutschland (32 pages)      
  BR 051 EN International Arbitration and Commercial Me- Jul. 2015
        diation  in Germany, Hong Kong, Singapore,    
        Thailand and Vietnam (71 pages)      
  BR 051 GE Schiedsverfahren und Wirtschaftsmediation in Jul. 2015
        Thailand,  Hongkong,  Vietnam  und Deutsch-    
        land (65 pages)        
  NL 010 GE Zur Steuerpflicht eines GmbH- Jun. 2015
        Geschäftsführers mit Wohnsitz im Ausland    
  NL 102 GE Vorteile von allgemeinen Geschäftsbedingun- Jan. 2015
        gen (AGB) auf Grundlage der United Nations    
        Convention on Contracts for the International    
        Sale of Goods (CISG)        
  NL 102 EN Advantages  of  applying  the  United  Nation Jan. 2015
        Convention on Contracts for the International    
        Sale of Goods (CISG) in General Terms and    
        Conditions        
  NL 148 GE Geltung von Allgemeinen Geschäftsbedingun- Jan. 2015
        gen (AGB) unter Unternehmern      
                 
ã Lorenz & Partners     June 2016     Page 11 of 18  
    Tel.: + 66 (0) 2 287 1882 e-mail: [email protected]  
                   

 

Germany

 

Type No. Language Title       Updated as of
         
NL 122 GE Gründung  einer  Hongkonger  Handelsgesell- Jan. 2015
      schaft und deutsches Steuerrecht    
BR 031 GE Doppelbesteuerungsabkommen Deutschland – Jan. 2015
      Thailand – Hongkong im Vergleich (54 pages)  
BR 041 GE Forderungsbeitreibung  in  Deutschland,  Thai- Dec. 2014
      land und Hongkong (26 pages)    
NL 116 GE Internationale Vertragsgestaltung unter beson- Dec. 2014
      derer Berücksichtigung des  internationalen  
      Privatrechts      
NL 025 EN Notarisation of Documents and Signatures in Dec. 2014
      Germany and Thailand      
NL 064 GE Schadensersatzrecht: Rechtsvergleich Hong- Nov. 2014
      kong/ Thailand/ Deutschland    
BR 025 EN How to Structure your Business Transactions Nov. 2014
      & How to Invest in Germany (43 pages)    
NL 094 GE Steuerfolgen bei Auslandsentsendung   Nov. 2014
BR 043 EN How to Set up a Company in Germany (43 Nov. 2014
      pages)        
BR 026 EN German Labour Law (22 pages)   Nov. 2014
BR 005 EN German Immigration Law (18 pages)   Oct. 2014
BR 005 GE Das deutsche Zuwanderungsrecht (15 pages) Oct. 2014
NL 119 EN Comparison of Commonly Used Hardship and Jul. 2014
      Force Majeure Clauses      
NL 005 GE Withholding Tax Certificate für Zinszahlungen Mar. 2014
      von Thailand nach Deutschland und Fremd-  
      währungsrechnungen innerhalb Thailands  
NL 055 EN Trade Terms in International Sale of Goods Mar. 2014
      and International Commercial Terms  

(INCOTERMS)

 

 

 

 

 

Hong Kong

 

Type            No.           Language       Title                                                                                               Updated as of

 

 

NL 093 EN Synopsis on Transfer Pricing in Hong Kong, Mar. 2016
      Thailand and Vietnam  
NL 207 EN Budget of Hong Kong 2016-2017 Feb. 2016
NL 202 EN Current Legal Developments in Hong Kong Dec. 2015
NL 194 EN Directors‘ and Officers’ (D&O) Liability In- Dec. 2015
      surance in Hong Kong  
NL 200 EN Registration of Trademarks in Hong Kong Nov. 2015
NL 111 GE Stiftungen   und   Trusts   im   Vergleich   – Nov. 2015
      Deutschland, Hongkong, Labuan (Malaysia)  
NL 080 GE Hinzurechnungsbesteuerung  nach  dem  Au- Nov. 2015
      ßensteuergesetz in Bezug auf Hongkong Ge-  
      sellschaften      
NL 197 EN Current Legal Developments in Hong Kong Aug. 2015
      and China      
NL 197 GE Aktuelle rechtliche Entwicklungen in Hong- Aug. 2015
      kong und China    
BR 051 EN International Arbitration  and  Commercial Jul. 2015
      Mediation in Germany, Hong Kong, Singa-  
      pore, Thailand and Vietnam (71 pages)  
BR 051 GE Schiedsverfahren und  Wirtschaftsmediation Jul. 2015
      in   Thailand,   Hongkong,   Vietnam   und  
      Deutschland (65 pages)  
NL 137 EN Setting up an Asian Hub: Why and Where Apr. 2015
NL 137 GE Gründung eines Hubs in Asien  – Wo und Apr. 2015
      warum  das  für  Unternehmen  sinnvoll  sein  
      kann      
NL 192 GE Rechtliche Entwicklungen in Hongkong Apr. 2015
NL 192 EN Current Legal Developments in Hong Kong Apr. 2015
NL 080 EN Controlled  Foreign  Company  (CFC)  Rules Apr. 2015
      with regard to Hong Kong Ltd.  
NL 191 GE Der Hongkonger Haushalt 2015/2016 Mar. 2015
NL 191 EN Budget of Hong Kong 2015/2016 Mar. 2015
NL 149 EN Securing and Assigning of Claims in Hong Feb. 2015
      Kong      
NL 149 GE Globalzession und Registrierung von Forde- Feb. 2015
      rungsabtretungen in Hongkong  
NL 143 EN How to Enforce Your Rights in Hong Kong Feb. 2015
NL 143 GE Rechtsdurchsetzung in Hongkong Feb. 2015
NL 142 GE Schlichtung von Steuerstreitigkeiten   in Feb. 2015
      Hongkong      

 

Hong Kong

 

Type            No.           Language       Title                                                                                               Updated as of

 

NL 141 GE Kurzfristige Geschäftstätigkeit in Hongkong Feb. 2015
NL 141 EN Short Term Business Activity in Hong Kong Feb. 2015
NL 135 GE Das Hongkonger Gerichtssystem Feb. 2015
NL 123 EN Enforcement of Foreign Judgments in Hong Feb. 2015
      Kong    
NL 115 EN Transfer Pricing in Hong Kong Feb. 2015
NL 086 EN Profits Tax Liability for Businesses in Hong Feb. 2015
      Kong    
NL 079 GE Die Steuerabzugspflicht des Arbeitgebers bei Feb. 2015
      Gehaltszahlungen an Arbeitnehmer in Hong-  
      kong    
BR 044 EN Tax Optimisation through a Trust (33 pages) Feb. 2015
NL 190 EN Current Legal Developments in Hong Kong Jan. 2015
      and China 2015    
NL 190 GE Aktuelle  rechtliche Entwicklungen  in  Hong Jan. 2015
      Kong und China 2015    
NL 180 GE Das Board of Directors einer Gesellschaft in Jan. 2015
      Hongkong – Funktion und Haftung  
NL 122 GE Gründung einer Hongkonger Handelsgesell- Jan. 2015
      schaft und deutsches Steuerrecht  
NL 109 GE Synopse  über  die  Doppelbesteuerungsab- Jan. 2015
      kommen  von  Hongkong  mit  Belgien,  Lu-  
      xemburg, Niederlande    
NL 058 GE Errichtung einer Vertriebs- und Verkaufsge- Jan. 2015
      sellschaft in Hongkong    
BR 061 GE Hong Kong’s Board of Directors and Com- Jan. 2015
      pany Secretaries: Rechte, Pflichten und Auf-  
      gaben (24 pages)    
BR 031 GE Doppelbesteuerungsabkommen Deutschland Jan. 2015
      – Thailand – Hongkong im Vergleich (54  
      pages)    
BR 041 GE Forderungsbeitreibung in Deutschland, Thai- Dec. 2014
      land und Hongkong (26 pages)  
NL 117 EN Überblick über die DBA mit Hongkong Dec. 2014
NL 064 GE Schadensersatzrecht: Rechtsvergleich Hong- Nov. 2014
      kong/ Thailand/ Deutschland  
NL 094 GE Steuerfolgen bei Auslandsentsendung Nov. 2014
NL 187 GE Aktuelle  rechtliche Entwicklungen  in  Hong Oct. 2014
      Kong, China und anderen Ländern  
NL 186 GE Gesellschaftsformen in Hong Kong Oct. 2014
       
ã Lorenz & Partners June 2016   Page 14 of 18
    Tel.: + 66 (0) 2 287 1882 e-mail: [email protected]
           

 

Hong Kong

 

Type            No.           Language       Title                                                                                               Updated as of

 

 

NL 182 EN Minority Shareholder’s Rights in Hong Kong Aug. 2014
NL 181 EN Current Legal Developments in Hong Kong, Aug. 2014
      China and other countries  
NL 181 GE Aktuelle rechtliche Entwicklungen in Hong- Aug. 2014
      kong, China und anderen Ländern  
BR 061 EN Hong Kong’s Board of Directors and Com- Jun. 2014
      pany  Secretaries:  Functions  and  Liabilities  
      (24 pages)    
NL 179 GE Rücktritt eines Direktors bei einer Hongkong Jun. 2014
      Gesellschaft    
NL 180 EN A Hong Kong Company’s Board of Direc- Jun. 2014
      tors – Function and Liabilities  
BR 060 EN Liquidation of a Private Hong Kong Limited Jun. 2014
      Company (17 pages)    
NL 176 EN General  Meetings  of  Directors  and  Share- Jun. 2014
      holders of a Private Hong Kong Company  
NL 178 EN Organisation and Duties of Board of Direc- Jun. 2014
      tors and Company Secretaries in Hong Kong  
NL 177 EN How  to  Inherit  Shares  in  a  Hong  Kong Jun. 2014
      Company and Enforce  Certain  Shareholder  
      Rights    
NL 175 GE Die Hongkong-Gesellschaft: Wer entscheidet Jun. 2014
      was?    
NL 171 GE Hongkongs  neue  Companies  Ordinance  / Jun. 2014
      Law (Chapter 622)    
NL 174 GE Aktuelle rechtliche Entwicklungen in China, May 2014
      Myanmar und British Virgin Islands  
NL 174 EN Current   Legal   Developments   in   China, May 2014
      Myanmar and British Virgin Islands  
NL 173 EN Current Legal Developments in Hong Kong May 2014
NL 173 GE Aktuelle rechtliche Entwicklungen in Hong- May 2014
      kong    
NL 168 EN Current Legal Developments in Hong Kong Mar. 2014
NL 168 GE Aktuelle rechtliche Entwicklungen in Hong- Mar.2014
      kong    
NL 172 GE Der Hongkonger Haushalt 2014/2015 Mar. 2014
NL 055 EN Trade Terms in International Sale of Goods Mar. 2014
      andInternational CommercialTerms  
      (INCOTERMS)    
NL 084 GE Service-Betriebstätte  durch  Erbringung  von Mar. 2014
      Services / Leistungen von kurzer Dauer  
     
ã Lorenz & Partners June 2016 Page 15 of 18
    Tel.: + 66 (0) 2 287 1882 e-mail: [email protected]
           

 

Hong Kong

 

Type            No.           Language       Title                                                                                               Updated as of

 

 

NL 056 EN Hong  Kong  –  Thailand  Double  Taxation Mar. 2014
      Agreement  
NL 169 EN New Trust Law in Hong Kong Dec. 2013
NL 164 GE Aktuelle rechtliche Entwicklungen in Hong- Oct. 2013
      kong  
NL 164 EN Current Legal Developments in Hong Kong Oct. 2013
BR 034 GE Business in Asien: Produktion in China, Lo- Sept. 2013
      gistik und Finanzierung in Hongkong, Head-  
      quarters in Europa (72 pages)  
NL 081 GE Einkommensteuerpflicht  für  in  Hongkong Sept. 2013
      angestellte Arbeitnehmer bei Erbringung der  
      Arbeitsleistung außerhalb Hongkongs  
NL 081 EN Income Tax Liability for  Hong Kong Em- Sept. 2013
      ployees who Render Services Outside Hong  
      Kong  
NL 076 GE Das Hongkonger Sozialversicherungssystem Jul. 2013
NL 090 GE Rechtliche Rahmenbedingungen für die Be- Jul. 2013
      schäftigung von ausländischen Haushaltshil-  
      fen  (Foreign  Domestic  Helpers)  in  Hong-  
      kong  
NL 160 EN Appropriate  Methods  to  Dissolve  a  Hong Jul. 2013
      Kong Company  
NL 158 EN Current Legal Developments in Hong Kong May 2013
NL 157 EN Legal  Risk  Management  Compliance  and Apr. 2013
      Corporate Governance in Hong Kong  
BR 029 EN Investitionen und Steuern in Hongkong (68 Apr. 2013
      pages)  
NL 156 GE Der Hongkonger Haushalt 2013/14 Mar. 2013
NL 154 GE Die Hong Kong Competition Ordinance  – Feb. 2013
      Das neue Wettbewerbsrecht in HK  

 

 

 

 

 

China

 

Type            No.           Language       Title                                                                              Updated as of

 

 

NL 211 GE Die WFOE und ihre wichtigsten Organe Apr. 2016
NL 211 EN The WFOE and its most important positions Apr. 2016
NL 203 EN Current Legal Developments in China, Myan- Dec. 2015
      mar and Cambodia  
NL 152 GE Besteuerung  von  ausländischem  Gehalt  bei Nov. 2015
      kurzzeitiger Arbeit in China  
BR 066 GE E-Commerce  in  Thailand  und  China  (18 Sep. 2015
      pages)  
NL 199 GE E-Commerce in China Sep. 2015
BR 039 GE Das  chinesische  Einkommensteuerrecht  für Feb. 2015
      Auslandsentsandte (59 pages)  
NL 107 EN Protection of Trade Secrets in China Feb. 2015
NL 110 EN Offshore Planning for Chinese Companies – Jan. 2015
      Risks and Solutions  
NL 100 EN Taxation of Foreign Sourced Salaries of Expats Dec. 2014
      living in China  
NL 100 GE Besteuerung von nicht chinesischen Gehältern Dec. 2014
      in China lebender Expatriates  
NL 094 GE Steuerfolgen bei Auslandsentsendung Nov. 2014
NL 139 EN Foreign  Direct  Investment  in  China:  Wholly Oct. 2014
      Foreign Owned Enterprise (WFOE) vs. Rep-  
      resentative Office  
NL 139 GE Investieren in China: Wholly Foreign Owned Oct. 2014
      Enterprise (WFOE) versus Representative Of-  
      fice (RO)  
NL 181 GE Aktuelle  rechtliche  Entwicklungen  in  Hong- Aug. 2014
      kong, China und anderen Ländern  
NL 170 GE Chinas neues Markengesetz Feb. 2014
BR 034 GE Business in Asien: Produktion in China, Logis- Sep. 2013
      tik und Finanzierung in Hongkong, Headquar-  
      ters in Europa (61 pages)  
BR 035 GE Investieren  in  China  –  Aber  wo?  In  Peking, Aug. 2013
      Shanghai, Chengdu oder im Perlflussdelta? (76  
      pages)  
NL 163 GE Bestechung und deren Bekämpfung in China Jul. 2013

 

 

 

Vietnam

 

Type            No.           Language       Title                                                                                               Updated as of

 

 

BR 047 EN Value Added Tax in Vietnam (30 pages) Jun. 2016
BR 055 EN Logistics Regulations in Vietnam (16 pages) May 2016
BR 067 EN Food  and  Beverages  Investment  in  Vietnam Mar. 2016
      (18 pages)  
NL 093 EN Synopsis on Transfer Pricing in Hong Kong, Mar. 2016
      Thailand and Vietnam  
BR 062 EN Work Permits, Visa and Temporary Resident Feb. 2016
      Cards for Foreigners working in Vietnam (24  
      pages)  
BR 065 EN Real Estate Business in Vietnam (16 pages) Jan. 2016
BR 045 EN Personal Income Tax in Vietnam (33 pages) Aug. 2015
BR 046 EN Corporate Income Tax in Vietnam (46 pages) Jul. 2015
BR 051 EN International Arbitration and Commercial Me- Jul. 2015
      diation  in Germany, Hong Kong, Singapore,  
      Thailand and Vietnam (71 pages)  
BR 051 GE Schiedsverfahren und Wirtschaftsmediation in Jul. 2015
      Thailand,  Hongkong,  Vietnam  und Deutsch-  
      land (65 pages)  
BR 027 EN Business and Investments in Vietnam May 2015
      (27 pages)  
BR 064 EN Administration  of  Labour  Information  in Apr. 2015
      Vietnam (8 pages)  
BR 063 EN Wind Energy in Vietnam (13 pages) Mar. 2015
BR 056 EN Foreign Contractor Withholding Tax in Viet- Mar. 2015
      nam (24 pages)  
NL 108 GE Zollfreier Handel innerhalb von ASEAN und Jan. 2015
      den Nachbarländern  
NL 055 EN Trade Terms in International Sale of Goods Mar. 2014
      andInternationalCommercialTerms  
      (INCOTERMS)  

 

 

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