Our company is a multiple-member limited liability company and is now planning to carry out the procedures to change its legal representative. Please advise what documents need to be prepared, the steps to be taken, the order of procedures, and the statutory processing time under current regulations. Answer: At the request of the Client, we […]
I intend to establish a Single-Member Limited Liability Company, in which I will be the sole owner holding 100% of the charter capital and directly managing the company’s operations. Under the new regulations on enterprise registration, enterprises are required to record information on their beneficial owner(s). In my case, how will the beneficial owner be […]
I am a shareholder of a joint stock company with a charter capital of VND 500,000,000, divided into 500,000 common shares. Accordingly, the total number of voting shares of the Company is 500,000. The specific ownership structure is as follows: Mr. A holds 200,000 common shares; Mr. B holds 200,000 common shares; and Mr. C […]
Question: Our company has many years of experience in the field of X and has established a certain brand in the market. We now wish to cooperate with a foreign partner to open a business establishment in the same field. However, as this is our first cooperation, we are concerned that the two parties may […]
Franchising registration shall be carried out in accordance with the following procedures: - Filing a dossier of application for registration of franchising to
a. The application for registration of Commercial Franchising Activity in accordance with the form enclosed with Circular No. 09/2006/TT-BTM. b. Written introduction of Commercial Franchising
Before franchising, the franchise is proposed to register at the Competent Authorities pursuant to Aritcle 18 of Decree No. 35/2006/ND-CP. 1. The Ministry of Industry
According to Article 284 of Commercial Law 2005 of Vietnam, commercial franchise means a commercial activity whereby franchisors permit and require franchisees to undertake by
The franchising contract are required to be made in writing or in other forms of equivalent legal validity, and should contains the principal contents as
Goods and services permitted for franchising business are those not on the list of goods and services banned from business. Enterprises shall be permitted to
The limitation period for initiating proceedings for dispute resolution by arbitration is stipulated in Article 33 of The Arbitration Law 2010 as follow: The limitation
The ArbitrationLaw 2010 allows parties to select ad hoc arbitration to resolve disputes. For ad hoc arbitration, the parties are free to agree upon the
Article 3(6) of Decree No. 35/2006/ND-CP provides that ''commercial rights" includeone, several or all of the following rights: a) Right granted to the franchisee by