Consultation on Commercial Business Activities
Question: Dear Lawyer, Our company is currently engaged in commercial business activities. Should we add "Commercial" to the business lines in our company’s business registration documents? If this addition is required, should it be done now or after completing the change of the company’s registered address? Our company is planning to change its registered address […]
Risks Associated with Terminating an Employment Contract Due to Corporate Restructuring
Question: Dear Lawyer, Our company is undergoing a restructuring process, and it is highly likely that we will need to terminate an employment contract with one of our employees. Could you please advise on the legal risks the company might face in such a situation? What consequences could we encounter if we fail to comply […]
Choosing a Business Entity
Question: I am considering whether to establish a joint-stock company or a single-member limited liability company. Could you please provide an analysis of the advantages and disadvantages of each type of business entity, particularly in terms of the owner's authority, legal liability, and the ability to raise capital in the future? Answer: SBLaw would like […]
Merry Christmas to SBLAW's Partners and Customers
Dear Valued Clients and Colleagues, On the occasion of Christmas and the New Year, SBLAW would like to extend our warmest wishes to you. May your holiday season be filled with joy, happiness, and peace. We look forward to a prosperous New Year with continued success and fruitful collaborations. >> Legal services in Vietnam
Legal advisory for skincare investors from South Korea
On December 6, 2024, SB Law had the honor of welcoming investors from M Star World, a South Korean company seeking growth opportunities in the beauty and skincare sector. During their visit to the SB Law office in Ho Chi Minh City, M Star World shared its intention to invest in the skincare industry in Vietnam, […]
Legal Consultation for Korean Investors Opening a Restaurant in Ho Chi Minh City
On November 23, Mr. Kwak Jung Hoon, a South Korean entrepreneur, visited the SB Law office in Ho Chi Minh City to learn about the legal procedures related to opening a restaurant in Vietnam. The meeting was attended by Mr. Đinh Hùng Minh, Head of SB Law's Ho Chi Minh City office, along with Senior […]
Termination of the Labor Contract with an Employee
Question: Dear Lawyer, our Company has entered into a fixed-term Labor Contract with an employee. However, due to changes in our business structure, the Company no longer requires the position held by this employee. This employee has not violated any Company regulations. We currently wish to terminate the Labor Contract with the employee before its […]
Labor Regulations
Question: Our company has issued labor regulations but has not registered them with the Department of Labor, Invalids, and Social Affairs. Can these regulations serve as a basis for disciplining employees? If not, what steps must the company take to legalize these regulations? Answer: According to Articles 118 and 119 of the 2019 Labor Code, […]
Penalty for Breach of Contract
Question: In the sales contract between my company and our partner, there is an agreement on a penalty for breach amounting to 15% of the contract value in the event that either party fails to fulfill their delivery obligations. However, I have been informed that Vietnamese law imposes a limit on the penalty for breach […]