Insight
Motor vehicle liability insurance – Compensation while still verifying the accident?
The insured can be quickly compensated right in the verification process to promptly respond to the consequences of the traffic accident Legal grounds: Decree No. 03/2021/ND-CP. Civil liability insurance of...
How to draft force majeure clauses in commercial contracts?
The impact of the Covid-19 pandemic has given rise to many disputes related to commercial contracts due to one party's delay or failure to fulfill its obligations, raising the legal...
Types of sanctions in business – commerce
The parties in the contract must respect and comply with the contract. If either party breaches the contract, certain sanctions will be imposed Legal grounds: Commercial Law 2005. Sanction is...
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...
Work permits and Labor disputes related to foreigners
Foreigners who want to work in Vietnam must have a work permit issued by a competent Vietnamese agency Legal grounds: Civil Code 2015; Labor Code 2019; Decree No. 145/2020/ND-CP. According...
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:...
