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Legal Regulations / Law

Legal Regulations / Law

1. Establishing a Business

1.1. What are the legal regulations for establishing a business?

Businesses must comply with the Law on Enterprises, including company registration, initial tax declaration, information disclosure, and meeting all conditions applicable to their business lines.

1.2. What are conditional business lines?

These are business sectors that may operate only when they meet certain legal requirements, such as professional certificates, statutory capital, technical standards, or specific licenses.

2. Tax & Reporting

2.1. What tax regulations must businesses comply with?

Businesses must comply with the following:

  • Declaring and paying taxes according to the required filing cycle
  • Keeping records and documents for 10 years
  • Submitting annual financial statements
  • Complying with regulations on electronic invoices

2.2. Is the use of electronic invoices mandatory?

Yes. Under current regulations, all businesses are required to use electronic invoices when selling goods or providing services.

3.1. Khi tuyển dụng, doanh nghiệp cần tuân thủ những quy định nào?

3.1. What regulations must businesses comply with when recruiting employees?

Businesses must:

  • Sign labor contracts using the required templates
  • Pay social insurance (SI), health insurance (HI), and unemployment insurance (UI) contributions
  • Ensure safe working conditions
  • Avoid discrimination in accordance with labor laws

3.2. What is the maximum working time allowed by law?

No more than 8 hours per day or 48 hours per week, unless otherwise specified for particular industries.

4. Licenses & Business Conditions

4.1. Do I need to obtain an environmental permit?

It depends on the type of business. Certain sectors—such as manufacturing, food processing, chemicals, and wastewater-related activities—are required to obtain an Environmental Permit or prepare an Environmental Impact Assessment (EIA) report.

4.2. When is a Fire Prevention and Fighting Permit (FPFP) required?

Facilities with fire or explosion risks, or places with large gatherings of people—such as factories, warehouses, apartment buildings, and hotels—must obtain a Certificate of Fire Prevention and Fighting Compliance.

5. Compliance & Penalties

5.1. How are businesses penalized for violating business regulations?

Depending on the type and severity of the violation, businesses may face:

  • Fines
  • License suspension
  • Operational suspension
  • Product recalls or revocation of related permits

Where can I look up legal documents?

You can access them at:

  • The National Legal Information Portal
  • The Ministry of Justice’s official website
  • Your local government's legal regulations portal