Our company is a multiple-member limited liability company and is now planning to carry out the procedures to change its legal representative. Please advise what documents need to be prepared, the steps to be taken, the order of procedures, and the statutory processing time under current regulations. Answer: At the request of the Client, we […]
I intend to establish a Single-Member Limited Liability Company, in which I will be the sole owner holding 100% of the charter capital and directly managing the company’s operations. Under the new regulations on enterprise registration, enterprises are required to record information on their beneficial owner(s). In my case, how will the beneficial owner be […]
I am a shareholder of a joint stock company with a charter capital of VND 500,000,000, divided into 500,000 common shares. Accordingly, the total number of voting shares of the Company is 500,000. The specific ownership structure is as follows: Mr. A holds 200,000 common shares; Mr. B holds 200,000 common shares; and Mr. C […]
Question: Our company plans to borrow capital from the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) to invest in production and business. To secure the loan, the company intends to pledge all shares of the Vietnam Aircraft Leasing Joint Stock Company – an affiliated company of the Joint Stock Commercial Bank […]
1. Can a foreign citizen act as a General Manager? Yes, a foreign citizen can act as a General Magnare 2.In case a foreigner can
1. Procedures for establishment of a legal entity. Under Vietnam Law, foreign investors can run its foreign investment project for profit making purpose by (i) Setting
BRIEF SUMMARY OF BACKGROUND The establishment of the NewCorequires an Investment Certificate from the licensing authority. Depending on the location of the company, the licensing
The establishment of the foreign invested company (hereinafter referred to as the “NewCo”)requires an Investment Certificate from the licensing authority. Depending on the location of
There is checklist of necessary documents for setting up foreign invested company in Vietnam. No. Documents Who to provide Language Remark 1. Certificate of
Set up a Limited Liability Company conduct distribution right in Vietnam. The establishment of Company (NewCo) requires an Investment Certificate from the licensing authority. Depending
In case a Foreign Invested Company (“FIC”) would like to change of its owner and Legal Representative (“FIC”) with Vietnam Competent Authorities, We, therefore, are
In order to do business in Vietnam, the foreign investor has to obtain the Investment Certificate to set up a company in Vietnam. The content
According to Vietnam Law on Investment and Vietnam WTO’s Commitments, it is possible for a foreign investor to setup wholly foreign invested company operating the