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 […]

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