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 […]

Enforcement of tax debt

Enforcement of tax debt

On June 19, 2024, the General Department of Taxation issued Official Letter No. 2633/TCT-QLN addressing issues encountered during the implementation of tax debt enforcement through

Read More
Operating petroleum business

Operating petroleum business

On June 13, 2024, the Ministry of Industry and Trade issued Official Dispatch No. 4065/BCT-TTTN on operating petroleum business. The Ministry of Industry and Trade

Read More