The charter capital of a single-member limited liability company (LLC) plays a crucial role in establishing the financial foundation and credibility of the business. It reflects the owner’s commitment and serves as a financial buffer against liabilities, influencing the company’s ability to secure funding and engage in contractual agreements. However, various factors may necessitate a […]
In the realm of corporate governance, the validity of contracts is paramount to ensuring the smooth operation and integrity of joint stock companies. A significant issue arises when contracts are executed without the necessary internal approvals mandated by corporate bylaws or statutory regulations. Such invalid contracts can lead to disputes, financial losses, and reputational damage […]
In today’s dynamic labor market, the role of unemployment insurance (UI) has become increasingly significant in providing financial security to workers during periods of job loss. Employers are mandated to contribute to these insurance programs, ensuring that employees receive necessary support when facing unemployment. However, failures in these contributions can lead to severe consequences, not […]
Foreign-Invested Enterprises (FIEs) operating in Vietnam must adhere to a strict legal process when ceasing operations, whether due to a shift in business strategy, market difficulties, or regulatory breaches. This procedure is governed primarily by the Law on Investment 2020 and the Law on Enterprises 2020 (amended in 2025). A thorough understanding of this framework […]
Mobilizing capital from foreign financial institutions is a common activity for Foreign Invested Enterprises (FIEs) in Vietnam. To protect their interests, offshore lenders almost always require the FIE to use its assets in Vietnam as collateral. In this context, the registration of the secured transaction becomes a key requirement to establish effectiveness against third parties, […]
1. General Conditions for Naturalization in Vietnam 2. Cases Eligible for Waiver of Certain Conditions Applicants may be exempted from some or all conditions on Vietnamese language, residence, and financial means if they: 3. Retention of Foreign Nationality Applicants who qualify for exemptions under Clause 2 and Clause 3 of Article 19 may retain their […]