LEGAL REGULATIONS ON THE LICENSING PROCEDURE FOR FOREIGN INVESTORS

Question: I have read several articles stating that under the Law on Investment 2025, foreign investors are now allowed to apply for an Enterprise Registration Certificate first without necessarily obtaining an Investment Registration Certificate. Is that correct?   Answer According to the Law on Investment 2025, foreign investors are permitted to establish an economic organization […]

Procedures For Changing The Legal Representative

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 […]

Identification Of Beneficial Owner For A Single-Member Limited Liability Company

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 […]

Identification Of Beneficial Owner: Criteria Applicable To Joint Stock Companies

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 […]

Consultation on conditional business sectors for foreign investors

Question: Our company is a wholly foreign-owned enterprise and is currently planning to cooperate with a Vietnamese company to jointly invest in and operate a nursing home providing elderly care services. May I ask whether the current laws of Vietnam allow foreign companies to participate in this field?  Answer: According to Appendix I on the […]

The Vietnam Investment Law 2005

This Vietnam Investment Law 2005 regulates investment activities for business purposes; the rights and obligations of investors; the guarantee of lawful rights and interests of

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The Vietnam Enterprise Law 2005

This The Vietnamese Enterprise Law 2005 sets forth provisions on the establishment, organizational management and operation of limited liability company, share-holding company, partnership and sole

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