A member of a multiple-member limited liability company is permitted to freely transfer their entire capital contribution to a non-member?
A member of a multiple-member limited liability company is permitted to freely transfer their entire capital contribution to a non-member? Question: I am currently a member holding 30% of the charter capital in a multiple-member limited liability company in Hanoi. Due to no longer wishing to continue the partnership, I plan to transfer my […]
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 […]
LAWYER NGUYEN THANH HA ATTENDS THE CELEBRATION OF THE 80TH NATIONAL DAY OF THE REPUBLIC OF INDIA
On the occasion of the 80th National Day of the Republic of India, Lawyer Nguyen Thanh Ha, President of SB Law Firm, honored to attend the official celebration ceremony. The event gathered diplomatic representatives, government officials, and the business communities of both Vietnam and India. Attending the ceremony, Lawyer Nguyen Thanh Ha extended his warmest […]
Report on the SERI Respect Program and the accompanying role of SB LAW with the enterprise
The SERI Respect Program (“Supporting Equality by Reimagining Industry”) at Regina Miracle International Vietnam Co., Ltd. is a collaborative initiative between Victoria’s Secret (VS&Co), CSAGA, and RISE. The graduation ceremony on August 26, 2026, featured the special presence of a high-level legal and compliance delegation from VS&Co (including the Chief Legal & Compliance Officer and […]
Legal Advice on Vocational Training: Is an Annual General Meeting of the General Meeting of Shareholders Required After an Extraordinary General Meeting of Shareholders Has Been Held?
Question: Our company has held an Extraordinary General Meeting of Shareholders to approve amendments to the Enterprise Registration Certificate and an increase in charter capital. Can this meeting be considered the Annual General Meeting of Shareholders? If not, is the company required to hold an additional Annual General Meeting of Shareholders? Answer: Under […]
Is a Joint Stock Company Required to Have a Board of Supervisors?
Question 3: Is a Joint Stock Company Required to Have a Board of Supervisors? Question I am planning to establish a joint stock company. Under the current regulations, is a joint stock company required to establish a Board of Supervisors? If the company does not establish a Board of Supervisors, will this constitute a […]
What Procedures Must an Enterprise Follow When Reducing Its Workforce Due to Restructuring?
Question What procedures must an enterprise follow when terminating employment contracts with employees due to changes in organizational structure, technology, or economic reasons? Answer Pursuant to Article 42 of the Labor Code 2019, an enterprise may terminate employment contracts with employees in cases of changes in organizational structure, technology, or for economic reasons. However, […]
How is Overtime Pay Calculated and What Is the Maximum Permissible Overtime Working Time?
Our company frequently has a need for employees to work overtime. I would like to know how overtime pay is calculated? Can an employer require employees to work overtime, and what is the maximum permissible overtime working time? Answer: Pursuant to Article 98 of the 2019 Labor Code, employees working overtime are entitled […]
How Long May an Employer Require an Employee to Serve a Probationary Period? Are There Any Penalties for Exceeding the Statutory Probation Period?
Question Our company currently applies a two-month probationary period to all positions, including administrative staff, security guards, and janitorial personnel. Is this practice compliant with Vietnamese labor law? If the probationary period exceeds the statutory limit, can the company be subject to administrative penalties? Answer Under Article 25 of the 2019 Labor Code, the probationary […]