Corporate Governance
Businesses shake hands to divide the market?
Enterprises are not allowed to agree on the division of customers to limit competition, except in the case of jointly promoting the competitiveness of Vietnamese enterprises in the international market...
Dissolution of FDI enterprises – cases of dissolution? tax obligations must be fulfilled?
Dissolution is a procedure for terminating an enterprise. Before dissolution, the enterprise must carry out certain procedures Legal grounds: Enterprise Law 2020; Circular No. 38/2015/TT-BTC; Circular No. 39/2018/TT-BTC. We received...
Foreign investor able to set up an executive office in Vietnam under BCC?
Foreign investors can cooperate with domestic investors to invest into Vietnam in the form of BCC and be granted an Investment Registration Certificate Legal grounds: Law on Investment in 2020....
M&A – Notes for Seller when conducting legal due diligence
Legal due diligence in an M&A transaction will be carried out with many contents including: reviewing and assessing the legal compliance of the target company, potential risks such as administrative...
Notes when converting loans into charter capital in the company
Enterprises borrowing capital from the parent company or a partner but cannot pay the debt, can convert the loan into contributed capital and increase its charter capital Legal grounds: Law...
Handling capital contribution when a member of a limited company dies?
A limited liability company with two or more members is an enterprise with between 02 and 50 members who are organizations and individuals. When a member dies, how is their...
Handling in case members do not contribute enough capital as commitment
Limited company has a capital contribution period of 90 days, so what should the company do if a member violates the commitment to contribute capital to the company? Legal grounds:...
Is it necessary to notify the transfer of shares to the DPI?
Does an unlisted joint-stock company have to notify the transfer of shares between shareholders to the State agency? Legal grounds: Enterprise Law No. 59/2020/QH14; Decree No. 01/2021/ND-CP. We receive the...
Forms of business in Vietnam
Forms of business in Vietnam: Limited liability company (LLC); Joint-stock company; Partnership; Branch; Representative office; Business Cooperation Contract (BBC); Public and Private Partnership Contract (PPP). 1. Investment in establishment of...
LLC and JSC, Which one to choose?
Limited Liability Company and Joint Stock Company both have limited liability attribute. The owners of those legal entity are liable for the debts and other financial obligations to the extent of...
