Question: Our company has been granted a liquor distribution license. Currently, we are selling liquor by bottle to individual customers and retail stores, without opening bottles to sell by the glass, as in bars. Is this business model in compliance with the contents of our license? With our existing liquor distribution license, are we allowed […]

I am a foreign investor planning to establish a single-member limited liability company (100% foreign-owned) in the field of fashion retail in Vietnam (including clothing, footwear, accessories, etc.). According to current Vietnamese laws, am I allowed to establish a 100% foreign-owned single-member LLC in this sector? If so, what legal procedures must be followed, and […]

Question: Recently, many localities across the country have implemented the merger of provinces and communes to streamline the administrative apparatus. This has led to changes in administrative boundaries, raising several legal questions for businesses. Therefore, I would like to ask: Is a company required to register a change of its business address when administrative boundaries […]

After the company earns a profit, we wish to distribute the profit to the capital-contributing members. Are there any regulations we should be aware of? Answer: The distribution of profits in a limited liability company with foreign investment must comply with the following principles: 1.1. Conditions for Profit Distribution: According to Article 69 of the […]

We wish to transfer our capital contribution to another investor. What is the legal procedure for doing so? Answer: The transfer of capital contribution that results in a change of members in a foreign-invested company involves the following steps: 1.1. Verification of Eligibility of the New Foreign Investor: If the new investor is a foreign […]