Insight
Joint Stock Company – Steps to offer individual shares
Joint stock companies that are not public companies can issue additional shares and offer them privately to raise investment capital. Legal grounds: Securities Law 2019; Enterprise Law 2020; Decree No....
Loss of business – Members of LLC can withdraw capital?
A two-member limited liability company may reduce its charter capital, but must comply with certain conditions to ensure the interests of its creditors. Legal grounds: Enterprise Law 2020. We get...
Members of LLC – Responsible for debt greater than capital contribution?
Members of a limited liability company must contribute capital fully and on time to the company, and must be held responsible if they violate the obligation to contribute capital. Legal...
The director, legal representative of LLC was arrested – Who takeover?
The company must ensure that there is always a representative to carry out civil transactions. If the legal representative is arrested, a replacement must be found. Legal grounds: Enterprise Law...
Doing business in Vietnam but unregistered business lines – Still accepted?
Enterprises in Vietnam are free to do business in sectors not prohibited by law, but must carry out necessary procedures to limit risks. Legal grounds: Enterprise Law 2020; Decree No....
Profits from rental of a private property is a house – Common or separate property?
Husband and wife have the right to own separate property during the marriage and put that property into business. However, it should be noted about the income arising from this...
Commercial contracts – Note when applying fines for violations
Penalty for breach of contract is a remedy for violations. However, in order to apply the penalty, the contract must be valid and has fines term. Legal grounds: Commercial Law...
Working from home – No need to pay social insurance?
Persons working under labor contracts with a term of 01 month or more are required to participate in compulsory social insurance. Legal grounds: Law on Social Insurance 2014. We get...
Rent an apartment as a working place – Note the cost of managing the apartment building
Businesses can rent apartments of individuals to use as business locations. However, not all costs related to the use of the apartment are accepted. Legal grounds: Circular No. 78/2014/TT-BTC; Circular...
Changing structure and technology – To lay off many workers, but re-employ from labor subleasing service?
When enterprises have to lay off many employees due to economic difficulties or change in technological structure, can they use workers from labor subleasing service? Legal grounds: Labor Code 2019;...
