Currently, the Enterprise Law 2020 stipulates the types of enterprises including: Limited Liability Company, Joint Stock Company, Partnership and Private Enterprise. Limited Liability Company One-member limited liability company – A one-member limited liability company is an enterprise owned by an organization or an individual (hereinafter referred to as the company owner). The company owner is responsible…
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What is the establishment of a foreign-invested company? Foreign-invested company formation refers to the establishment of a company or enterprise in one country, where initial investment capital or equity comes from investors, organizations, or individuals from another country. The establishment of a foreign-invested company enhances investment activities, contributes to economic development, improves production and technical…
1. Market access conditions for foreign investors Foreign investors need to meet the market access conditions specified in Clause 3, Article 9 of the following Law on Investment 2020: – The percentage of ownership of charter capital of foreign investors in economic organizations; – Form of investment; – Scope of investment activities; – Capacity of…
What is offshore investment? Outbound investment is understood as the investment of resources (finance, technology, ownership,…) by investors, organizations or individuals in projects, enterprises or assets in a country other than the country in which they originated or their original registered address. Investing abroad means expanding business opportunities, seeking profits and expanding markets in other…
Composition of the Board of Directors According to the provisions of Article 276 of Decree 155/2020/ND-CP: − The number of members of the Board of Directors of a public company is at least 03 people and at most 11 people. − The structure of the Board of Directors of a public company must ensure that at least one-third…
On the morning of August 6, 2024, at Quang Trung Secondary School, Lawyer Nguyễn Thị Minh Khoa attended the “Nguyễn Thị Minh Khai and 1&1 Education and Talent Promotion Scholarships for the 2024-2025 School Year” ceremony, organized by the Vietnam Women’s Union and the Vietnam Study Promotion Association. Participating in the program, Lawyer Nguyễn Thị…
On the morning of September 13, 2024, at the KALF office, KALF’s lawyers had the honor of welcoming the Secretary-General of the Vietnam Law Journal for a visit and to sign a cooperation agreement between the two parties. The key points of the meeting included: Meeting, networking, and discussing the direction of professional cooperation between…
On the morning of June 10, 2024, at the Faculty of Law, University of Economics Da Nang, lawyer Nguyen Thi Minh Khoa attended the seminar titled “In-Depth Legal Issues in Corporate Governance,” organized by the Faculty of Law at the Da Nang University of Economics . The academic seminar aimed to provide faculty members and…
On the morning of May 23, 2024, at the REX Hotel, lawyer Nguyen Thi Minh Khoa attended a seminar on “The Legal Environment for Members of the Board of Directors,” organized by the Vietnam Institute of Directors (VIOD). The program was part of the training course for independent board members offered by VIOD. During the…
Currently, there are 4 types of enterprises: Private enterprises, partnerships, limited liability companies, joint stock companies. After determining the type of business, the business owner needs to prepare a complete and detailed dossier of business establishment requirements. 1. Business establishment dossier According to the provisions of the Enterprise Law 2020, Chapter IV of Decree No. 01/20121 on the…
1. Subjects and time limit for transaction registration Pursuant to Clause 1, Article 133 of Decree 155/2020/ND-CP as follows: – Public companies that are not listed on the Stock Exchange; – The company is delisted compulsorily or voluntarily delisted but still meets the conditions of being a public company; – Equitized enterprises are subject to transaction registration in…
Concept License tax (or license fee) is a type of direct tax collected annually by individuals, business households, organizations producing and trading in goods and services on the basis of investment capital or charter capital and revenue to the direct tax administration agency. Subjects subject to license tax (fee) Pursuant to Article 2 of Decree…