Civil contracts and commercial contracts are two prevalent types of agreements in practice. What are the similarities and differences between these two contract types in Vietnam? 1. General The term “civil” can be understood in two contexts: first, in a narrow sense, referring to purely civil matters such as inheritance and family relationships; and second, […]
One of the important and primary capital-raising channels currently being adopted by enterprises in Vietnam is the private placement of corporate bonds. This is an effective fundraising method that enhances the issuer’s initiative, diversifies investment methods in the market, and promotes economic development. Unlike the method of public offering of corporate bonds, private placement of […]
A business household is a quite common form of business that many people choose when operating on a small scale. So, is a business household considered an enterprise? This article explores the distinction between business households and enterprises under Vietnam’s current legal framework. 1. What is a Business Household? Current laws do not provide a […]
Some businesses are established but do not operate, often referred to as “shell company”. These companies will be dealt with to mitigate risks for organizations and individuals linked to them. What does it mean to establish a company but not operate? This refers to a situation where an individual or organization, or a group of […]
This article examines the restrictions on the holding rate of foreign investors in Vietnam. It outlines the conditions under which foreign investors can hold equity in Vietnamese businesses and how these restrictions vary by industry and market access. Legal basis 1. Holding rate of foreign investors under investment treaties According to the provisions in Clauses […]
A joint stock company and a multi-member limited liability company (LLC) are both popular forms of business entities, but they differ in structure, ownership, and liability. Understanding their similarities and differences can help entrepreneurs make informed decisions when choosing the right legal framework for their business. Similarities – All are enterprises operating under the Enterprise […]