What are the advantages of including an arbitration clause compared to court proceedings?
Question: Dear Lawyer, in a contract, what are the advantages of including an arbitration clause compared to court proceedings? What costs might arise from choosing arbitration? Answer: Currently, dispute resolution methods are becoming more diverse and providing more options when disputes arise. One of the dispute resolution methods that has shown many advantages and gained […]
Establishing a Business and Choosing a Business Type
Question: Dear Lawyer, if I want to establish a single-member limited liability company (LLC) with an individual member, are there any restrictions on the minimum capital? Is it necessary to submit documentation proving the source of capital? Answer: The Enterprise Law does not stipulate a minimum capital requirement for establishing a company. The company may […]
Conditions and procedures for establishing a foreign-invested company (FIC) in Vietnam in the fields of security services and laundry services.
Question: Dear lawyer, I would like to receive advice on the conditions and procedures for establishing a foreign-invested company (FIC) in Vietnam in the fields of security services and laundry services. Answer: Under Vietnamese Law on Investment, for setting up a FIC in Vietnam, the Client is required to propose an Investment Project initially to […]