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: Our company held an extraordinary general meeting of shareholders to amend the business registration certificate and increase charter capital. Can this meeting be considered the annual general meeting of shareholders? If not, are we still required to hold a separate annual general meeting? Answer: The meeting mentioned above cannot be regarded as the annual […]

Question: My company currently has 22 employees under official labor contracts and participating in social insurance. However, we have not yet established internal labor regulations. What potential risks could the company face in this case? Answer: According to Article 119 of the 2019 Labor Code, any employer with 10 or more employees is required to […]