Question: I want to establish a social enterprise. What criteria do I need to meet? Answer: According to Article 10 of the 2020 Enterprise Law, a social enterprise is an enterprise established with the aim of addressing social and environmental issues for the benefit of the community, while still conducting business operations like a regular […]
1. Criteria for determining the beneficial owner of an enterprise - The individual directly or indirectly owns at least 25% of the charter capital or 25% of the total voting shares of the enterprise. Indirect ownership is understood as the situation where an individual holds such proportion through another organization, meaning that the individual does […]
Question: I am currently the owner of a single-member limited liability company (LLC). Due to financial difficulties, I wish to dissolve my company. What conditions must be satisfied, who has the authority to decide, and what dossier and procedural steps must be followed? Answer: 1.Conditions for Dissolution of a Single-Member Limited Liability Company A single-member […]
Question: What risks might my company face if we do not complete the VNeID electronic identification process? Answer: Cording to Clause 4, Article 40 of Decree No. 69/2024/NĐ-CP issued by the Government, starting from July 1, 2025, all organizations and enterprises will be required to log in to the Electronic Tax System and online public […]

Question: Dear Lawyer, in the case of changing the legal representative to a foreign employee as mentioned above, how should our company report, handle, and

Question: Dear Lawyer, Our company wishes to change the legal representative to a foreign national, specifically a Chinese citizen. Therefore, we would like to seek

On September 12, 2024, the Government Office issued Official Dispatch 6532/VPCP-KSTT 2024 regarding comments on the plan for simplifying business regulations. Regarding the Draft Plan:

1. What is the current procedure for changing the legal representative of Company? Step Description Execution Venue Duration Documents Fees Legal Basis Notes Step 1:

Question: We plan to lend about 2 million USD to an affiliated company in the United States. We need legal advice on procedures, documentation, and

Question: My company needs to suspend the business for some reasons and intends to do so before August 2024. I would like to receive advice

On July 26, 2023, the People's Court of Ho Chi Minh City announced Judgment No. 1255/2023/KDTM-ST on the dispute over the share transfer contract. The

On March 26, 2024, the Ministry of Construction issued Decision No. 156/QĐ-BTC on the promulgation of the Plan for legal education and legal support for

Question Our company, with 100% investment from the Netherlands, is currently operating in Ho Chi Minh City. We are planning to expand our business activities