Advisory on Capital Contribution with Assets

Question: I am preparing to establish a technology startup in Da Nang in the form of a joint-stock company, with 4 founding shareholders and a chartered capital of 1 billion VND. One shareholder wishes to contribute capital using intellectual property (a developed software). May I ask if contributing capital with non-cash assets is permitted? Answer: […]

Advisory on Staff Reduction in Cases of Structural, Technological Changes, or Economic Reasons

Question: I am a salesperson at a fashion store in Hanoi, working under a 12-month definite-term labor contract. After 6 months, the company suddenly terminated me without prior notice, citing "staff reduction due to business difficulties." However, they did not pay my last month's salary or provide unemployment support, despite me not violating any disciplinary […]

Legal Advice on Intellectual Property Rights Clause in Drafting a “Software Development” Service Contract

Question: My company hired Company B to develop a Customer Relationship Management (CRM) software, valued at VND 100,000,000. The contract specifies requirements, timeline, and payment method, but does not clearly stipulate any clause on intellectual property rights. After completion, my company deployed the software into our system. A few months later, we discovered that Company […]

CONDITIONS AND PROCEDURES FOR REGISTERING A HOUSEHOLD BUSINESS

Question: “Hello Lawyer, I am planning to open a small mobile phone repair shop, operating alone without hiring employees. Please advise me on the procedures to establish a household business? Answer: 1.What is a household business? According to Clause 1, Article 82 of Decree No. 168/2025/ND-CP: “A household business is registered for establishment by an individual or […]

Company registration in Vietnam

Question: I'm investor from Hongkong. It's my great honor to know you through the Internet. Our company is located in Hongkong, which is dedicated in management consulting, registration. And now there is a client from our company who wants to establish a company in Vietnam. Therefore, I have some questions to consult you and wish you can help us. 1.How many shareholders for start-ups will required?If there any nationality or domicile will required? 2.How many directors for start-ups will required?If there any nationality or domicile will be required? 3.How much registered capital for start-ups will required?Do the clients deposit the money in the company`s bank account? 4.Whether office agency requires a practical office address?

Read More