bogus companies

Update news bogus companies

“Dead businesses” suddenly become valuable

 VietNamNet Bridge – Many investors are buying “dead or inactive businesses” instead of setting up new businesses, as this allows them to save time and dodge legal procedures.

Taxation bodies struggle hard with bogus companies

 VietNamNet Bridge – A lot of newly set up businesses never exist in reality, but only exist on paper just to help the owners appropriate the VAT refund.