Procedures For Changing The Legal Representative

Our company is a multiple-member limited liability company and is now planning to carry out the procedures to change its legal representative. Please advise what documents need to be prepared, the steps to be taken, the order of procedures, and the statutory processing time under current regulations. Answer: At the request of the Client, we […]

Identification Of Beneficial Owner For A Single-Member Limited Liability Company

I intend to establish a Single-Member Limited Liability Company, in which I will be the sole owner holding 100% of the charter capital and directly managing the company’s operations. Under the new regulations on enterprise registration, enterprises are required to record information on their beneficial owner(s). In my case, how will the beneficial owner be […]

Identification Of Beneficial Owner: Criteria Applicable To Joint Stock Companies

I am a shareholder of a joint stock company with a charter capital of VND 500,000,000, divided into 500,000 common shares. Accordingly, the total number of voting shares of the Company is 500,000. The specific ownership structure is as follows: Mr. A holds 200,000 common shares; Mr. B holds 200,000 common shares; and Mr. C […]

Consultation on Salary Components and Applicable Contribution Rates

Question: Our company would like to understand the current provisions of Vietnamese law regarding the components constituting wages and the mandatory contribution rates applicable to employers and employees, including: social insurance, health insurance, unemployment insurance, and other compulsory insurance schemes. Please specify the contribution rates for each party and the applicable legal basis.   Answer […]