Post-Tax Profit Distribution in a Foreign-Invested Company

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 […]

Increase in Charter Capital of a Foreign-Invested Limited Liability Company

  Our company is a foreign-invested limited liability company. We intend to increase our charter capital to expand business operations. What are the legal procedures and required documents? Answer: According to the Law on Enterprises 2020 and the Law on Investment 2020, an increase in charter capital of an FLLC requires two simultaneous procedures: 1.1. […]

Procedures and Dossier for Obtaining a Retail Business License

Question: Currently, our company does not yet have a business license for retail distribution: (What are the procedures, what documents are required, and what is the legal basis?) Answer: Enterprises intending to engage in retail distribution activities in Vietnam must apply for a Business License from the Department of Industry and Trade in the locality […]

The Process of Dissolving a Foreign-Invested Company in Vietnam

Dissolving a foreign-invested company (FIC) in Vietnam is a complex legal process that requires strict compliance with legal regulations. To ensure a smooth and efficient process, obtaining support from legal professionals is crucial. This article provides an overview of the FIC dissolution process, based on the services offered by professional law firms. Key Stages of […]

NDA and Agreements

NDA and Agreements

Question: We are a U.K. based company looking for an attorney to draft NDA and other agreements. I’d like to speak with someone as soon

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Vietnam set up factories

Question: I am Chinese. I want to set up a factory in Vietnam. My client is in Singapore Industrial Zone. I signed a contract with him.

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New hostel in Vietnam

Question: I am from Nantes in France My partner and I, both france, are planning to create a new hostel. The main idea is to rent

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nominee service in vietnam

Nominee services in Vietnam

Question: I am writing to you regarding a nominee service in Vietnam. We are looking to appoint nominee shareholder and a second legal representative. Kindly advise

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