Difficult Disability Distinctions

The definition of what qualifies as a disability under the Americans with Disabilities Act (ADA) is not always clear — and alcoholism presents a particularly difficult issue. Although the disease of alcoholism falls within the scope of the ADA, the actions of an employer toward an alcoholic don’t always violate the law. One case that illustrates the […]

William H. ShawnCo-Managing Partner, ShawnCoulson

Vietnam, a Prime Commercial Hub for UK Companies Operating in Asia-Pacific

A new political leadership was affirmed on April 5, 2021, at Vietnam’s 13th National Party Congress. The newly elected Prime Minister Pham Minh Chinh, a career security official, but also known to favor incentives for boosting economic growth, is anticipated to build on the positive economic ties fostered by Vietnam’s outgoing PM Nguyen Xuan Phuc. […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

Mergers and Acquisitions in Vietnam: An Introduction to Key Guidelines and Processes

The Vietnamese government has streamlined the merger and acquisition (M&A) process to encourage investment in new sectors of the economy. And for foreign investors that see establishing a business in Vietnam as too cumbersome, the M&A route provides a unique solution to many obstacles. With an M&A, investors can enjoy preexisting access to consumers, locations, and distribution channels. […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

Don’t Overlook the Need for a Detailed Weather Emergency Plan

Weather emergencies take many forms, and depending on your location, you’re likely more vulnerable to some forms than others. But the following data about the business impact of natural disasters from the Federal Emergency Management Agency (FEMA) is a wake-up call: 40% of small businesses won’t reopen in the immediate aftermath of a natural disaster One […]

William H. ShawnCo-Managing Partner, ShawnCoulson

How Virtual Currency Transactions Affect Your Tax Situation

Virtual currencies,also known as cryptocurrencies, have gone mainstream. For example, you can use Bitcoin to buy a Tesla, or you can use a Bitcoin wallet on your smartphone to make everyday purchases. But beware: Using virtual currency has federal income tax implications that may surprise you. With increasing market acceptance and the skyrocketing price of […]

William H. ShawnCo-Managing Partner, ShawnCoulson

Vietnam Establishes Research Group to Study Regulations on Cryptocurrencies

Vietnam’s Ministry of Finance on March 30, established a research group, which began an in-depth study of cryptocurrencies, with a view to achieve legislative reform for the industry in the near term. While cryptocurrency trading and use are gaining popularity globally, the Vietnamese legislation makes no reference to such transactions. Yet, the current transition of Vietnam’s economy […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

REFORMS REGARDING THE SUBCONTRACTING PROHIBITION IN MEXICO

This past April 23rd, 2021, a Decree prohibiting personnel subcontracting and reforming several legal dispositions of the Federal Labor Law, Social Security Law, Tax Code, Income Tax Law, and Value Added Tax Law, among others, was published in the Federal Official Gazette. Among the most important aspects to note of the Decree are the following: […]

Oscar Conde MedinaManaging Partner, Legem Attorneys at Law, SC

Vietnam’s Regional Labor Market: Labor Cost, Workforce Optimization and HR Strategy

Vietnam has a population of over 97 million people spread over 330,000 square kilometers. The country is still predominately rural, with urban centers providing a home for just 35 percent of the population. Companies entering Vietnam for the first time often fail to account for regional variation in the labor market and invest in locations […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

Six Red Flags of Financial Statement Fraud

Many incidents of fraud are discovered inadvertently. For example, a staff member may notice something that doesn’t seem right and mentions it to a manager. Upon investigation, internal theft is found. But considering the potential damage that fraud can inflict on a company, it is obviously better to do more than depend on mere chance. Keep […]

William H. ShawnCo-Managing Partner, ShawnCoulson

Seizing Investment Opportunities in Vietnam’s Garment and Textile Industry

The garment and textile industry is one of the key industries in Vietnam with the second-largest export turnover in the country. In 2019, the industry’s export value contributed to 16 percent of the total GDP. In the past five years, the textile industry has continuously grown at an average rate of 17 percent annually. In […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

Land Rights in Vietnam – What They Are and How You Can Acquire Land

Vietnam’s land use rights can be complicated for first-time business investors. In Vietnam, the land is collectively owned by people and administered by the government on their behalf. Therefore, under such a system, property owners cannot have full and legal ownership of land. Their rights are limited to land use rights permitted within the law. […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates