Consultation on the Annual General Meeting of Shareholders
Question: Our company held an extraordinary general meeting of shareholders to amend the business registration certificate and increase charter capital. Can this meeting be considered the annual general meeting of shareholders? If not, are we still required to hold a separate annual general meeting? Answer: The meeting mentioned above cannot be regarded as the annual […]
Consultation on Company Labor Regulations
Question: My company currently has 22 employees under official labor contracts and participating in social insurance. However, we have not yet established internal labor regulations. What potential risks could the company face in this case? Answer: According to Article 119 of the 2019 Labor Code, any employer with 10 or more employees is required to […]
Consultation on the Organizational Structure of a Joint Stock Company
Question: My company is a joint stock company established for two years. Currently, we have not established a Supervisory Board. What potential risks might our company face? Answer: According to Article 137 of the Law on Enterprises, a joint stock company may choose one of the following two models for its management and operation structure: […]
PROCEDURE FOR CHANGING THE ENTERPRISES’S BENEFICIAL OWNERS
I am the legal representative of XYZ Limited Liability Company, which has a charter capital of VND 10 billion, consisting of three capital-contributing members: Mr. A contributing VND 5 billion (50%), Ms. B contributing VND 3 billion (30%), and Mr. C contributing VND 2 billion (20%). When the company was registered, it declared Mr. A […]
Electronic Investment Applications with Digital Signatures Required from September 3, 2025
Question: I recently heard that Decree No. 239/2025/ND-CP introduces a new regulation requiring investors to submit electronic dossiers when carrying out investment procedures. What does this regulation specifically provide? Answer: From September 3, 2025, Decree No. 239/2025/ND-CP officially takes effect, amending and supplementing certain provisions of Decree No. 31/2021/ND-CP guiding the implementation of the Law […]
Conversion of a Business Household into a Single-Member LLC
Question: I am currently selling clothes online, with a monthly revenue of about 150 million VND. I also frequently collaborate with KOLs and sell on e-commerce platforms. Recently, a partner has required me to issue VAT invoices. I am registered as a business household, so it seems I am unable to issue this type of […]
Consultation on the Conversion of Enterprise Type
Question: My company is a single-member limited liability company. My company wants to convert into a joint stock company but cannot mobilize additional individuals to contribute capital to the company. I would like to ask, can my company implement the conversion using another method? Answer: Clause 2, Article 202 of the Law on Enterprises 2020 […]
Consultation on the Issuance of Collective Labor Agreements and Regulations on Salary, Bonuses, and Allowances
Question: Our enterprise is wondering whether it is mandatory to issue regulations on salary, bonuses, allowances, and a Collective Labor Agreement. If we do not implement these regulations, what legal risks might we face? Answer: 1.Regarding the Collective Labor Agreement: Clause 1, Article 75 of the 2019 Labor Code stipulates: “A collective labor agreement is […]
Consultation on Labor Rights Protection
Question: I am six months pregnant, but the company is engaging in harassing behavior and pressuring me to resign. I would like to ask, can the company dismiss me due to pregnancy? Answer: Pursuant to Article 125 of the Labor Code 2019, the form of disciplinary dismissal shall only be applied in the following cases: […]