Do Electronic Contracts Have the Same Legal Validity as Paper Contracts? How Should Enterprises Store Electronic Contracts to Ensure Their Evidentiary Value?

Question: Our company is transitioning from paper contracts to electronic contracts. Do electronic contracts have the same legal validity as paper contracts? How should the company store electronic contracts to ensure their evidentiary value in the event of a dispute? Answer Under the 2023 Law on Electronic Transactions, a data message cannot be denied legal […]

Can a Company Authorize an Employee to Sign Contracts on Behalf of the Legal Representative? How Should the Scope of Authorization Be Defined?

Question: Our company intends to authorize an employee to sign contracts with customers and business partners on behalf of the legal representative. Is such authorization legally permitted? How should the scope and duration of the authorization be defined to ensure the legal validity of the contracts? Answer: Identifying the legal representative and their authority Under […]