Question: I am considering whether to establish a joint-stock company or a single-member limited liability company. Could you please provide an analysis of the advantages and disadvantages of each type of business entity, particularly in terms of the owner's authority, legal liability, and the ability to raise capital in the future? Answer: SBLaw would like […]

Question: Our company intends to dismiss a member of the Board of Directors, but the company's charter does not provide any provisions for dismissal. Specifically, in this case, the Board member has not committed any violations, is still serving their term, and has not submitted a resignation letter. How can we proceed to dismiss this […]

Question: Dear Lawyer, if I want to establish a single-member limited liability company (LLC) with an individual member, are there any restrictions on the minimum capital? Is it necessary to submit documentation proving the source of capital? Answer: The Enterprise Law does not stipulate a minimum capital requirement for establishing a company. The company may […]

Question: Dear lawyer, I would like to receive advice on the conditions and procedures for establishing a foreign-invested company (FIC) in Vietnam in the fields of security services and laundry services. Answer: Under Vietnamese Law on Investment, for setting up a FIC in Vietnam, the Client is required to propose an Investment Project initially to […]

Question: Dear Lawyer, can the authorized representative of a shareholder/member delegate their rights and obligations to another person? (The delegation follows the diagram below: Foreign Company -> First Authorized Person -> Second Authorized Person -> Vietnamese Company). We kindly ask for your consultation for our Company. Answer: The Vietnamese Enterprise Law does not have a […]