CONDITIONS, DOSSIER, AND PROCEDURES FOR DISSOLUTION OF A SINGLE-MEMBER LIMITED LIABILITY COMPANY

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: Conditions for Dissolution of a Single-Member Limited Liability Company A single-member […]

FOREIGN TRADER ESTABLISHING A BRANCH IN VIETNAM

To: Law Firm We are a foreign trader headquartered in Singapore, having operated for over 10 years in the logistics sector. We are currently seeking to expand our business operations and intend to establish a branch in Ho Chi Minh City, Vietnam, to facilitate transactions and contract execution with our clients. We would like to […]

Consultation on Electronic Identification (VNeID) for Enterprises

Question: What risks might my company face if we do not complete the VNeID electronic identification process? Answer:  ccording 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 […]

Consultation on the Annual General Meeting of Shareholders

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 […]

Setting up tea factory in Vietnam

Trade in Vietnam

Upon Vietnam’s accession to the WTO in 2007, the services market in Vietnam has been liberalised in certain areas, including the trading of goods. Under

Read More
Audit and Accounting in Vietnam

Audit and Accounting in Vietnam

Foreign-invested business entities are generally required to adopt the Vietnamese Accounting System (’VAS’). If a company strictly follows the VAS, registration with the Ministry of

Read More