A member of a multiple-member limited liability company is permitted to freely transfer their entire capital contribution to a non-member?   Question: I am currently a member holding 30% of the charter capital in a multiple-member limited liability company in Hanoi. Due to no longer wishing to continue the partnership, I plan to transfer my […]

Question: Our company intends to authorize an employee to sign contracts with customers and business partners on behalf of the legal representative. Is such authorization legally permitted? How should the scope and duration of the authorization be defined to ensure the legal validity of the contracts? Answer: Identifying the legal representative and their authority Under […]

Question: Our company has held an Extraordinary General Meeting of Shareholders to approve amendments to the Enterprise Registration Certificate and an increase in charter capital. Can this meeting be considered the Annual General Meeting of Shareholders? If not, is the company required to hold an additional Annual General Meeting of Shareholders?   Answer:   Under […]

  Question 3: Is a Joint Stock Company Required to Have a Board of Supervisors? Question I am planning to establish a joint stock company. Under the current regulations, is a joint stock company required to establish a Board of Supervisors? If the company does not establish a Board of Supervisors, will this constitute a […]

Question What procedures must an enterprise follow when terminating employment contracts with employees due to changes in organizational structure, technology, or economic reasons?   Answer Pursuant to Article 42 of the Labor Code 2019, an enterprise may terminate employment contracts with employees in cases of changes in organizational structure, technology, or for economic reasons. However, […]