PROCEDURE FOR CHANGING THE ENTERPRISES’S BENEFICIAL OWNERS

I am the legal representative of XYZ Limited Liability Company, which has a charter capital of VND 10 billion, consisting of three capital-contributing members: Mr. A contributing VND 5 billion (50%), Ms. B contributing VND 3 billion (30%), and Mr. C contributing VND 2 billion (20%). When the company was registered, it declared Mr. A […]

Electronic Investment Applications with Digital Signatures Required from September 3, 2025

Question: I recently heard that Decree No. 239/2025/ND-CP introduces a new regulation requiring investors to submit electronic dossiers when carrying out investment procedures. What does this regulation specifically provide? Answer: From September 3, 2025, Decree No. 239/2025/ND-CP officially takes effect, amending and supplementing certain provisions of Decree No. 31/2021/ND-CP guiding the implementation of the Law […]

Conversion of a Business Household into a Single-Member LLC

Question: I am currently selling clothes online, with a monthly revenue of about 150 million VND. I also frequently collaborate with KOLs and sell on e-commerce platforms. Recently, a partner has required me to issue VAT  invoices. I am registered as a business household, so it seems I am unable to issue this type of […]

Consultation on the Conversion of Enterprise Type

Question: My company is a single-member limited liability company. My company wants to convert into a joint stock company but cannot mobilize additional individuals to contribute capital to the company. I would like to ask, can my company implement the conversion using another method? Answer:  Clause 2, Article 202 of the Law on Enterprises 2020 […]

Consultation on the Issuance of Collective Labor Agreements and Regulations on Salary, Bonuses, and Allowances

Question: Our enterprise is wondering whether it is mandatory to issue regulations on salary, bonuses, allowances, and a Collective Labor Agreement. If we do not implement these regulations, what legal risks might we face? Answer: Regarding the Collective Labor Agreement: Clause 1, Article 75 of the 2019 Labor Code stipulates: “A collective labor agreement is […]

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