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 […]

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 Debt Payment Responsibility

Question: My company has acquired Company A (which is a single-member limited liability company). Before the acquisition, Company A had an outstanding debt owed to Company B. After my company completed the acquisition of Company A, Company B sent us a written request for payment of this debt. In this case, which party is responsible […]

Consultation on the Eligibility to Establish a Household Business

Question: I have registered a household business in Can Tho City. As my business is expanding, I would like to apply for another household business license in An Giang. What procedures must I follow to register this new household business?   Answer: According to Article 82 of Decree No. 168/2025/NĐ-CP dated June 30, 2025, of […]

Joint venture Vietnam

Question: Would like to seek advice on foreign investment partnership with local on production. Answer: I am Lawyer of SB Law. I was entrusted to

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Vietnam company formation-sblaw

Vietnam company formation

Question: We are a multi-national and multi-functional market entity with over 28 years history, and we are committed to basing on the Grand China, serving

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International Cooperation

Formation company in Vietnam

Question: Please explain us how to incorporate Ltd. company in Vietnam. Price and term? Shareholders will be non residents of Vietnam. Do you have nominal Vietnam

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