PROCEDURES FOR ESTABLISHING A TWO-MEMBER LIMITED LIABILITY COMPANY BASED ON THE CONVERSION OF A HOUSEHOLD BUSINESS

1. Dossier and procedures for establishing a two-member limited liability company based on the conversion of a household business Where a household business wishes to convert its operations into the model of a two-member limited liability company, it must carry out the conversion procedures prescribed in Clause 1, Article 27 of Decree No. 168/2025/ND-CP, as […]

Are individuals leasing out assets required to register as household businesses?

Article 82 of Decree No. 168/2025/ND-CP provides for the right to establish a household business as follows: Article 82. Right to establish a household business…3. Households engaged in agricultural, forestry, or fishery production, salt-making, and individuals engaged in itinerant trading, petty trading, peddling, trading on a consignment basis, mobile business activities, seasonal business activities, or […]

Why Are Foreign Arbitral Awards Refused Recognition in Vietnam?

I. INTRODUCTION In the context of deep international economic integration, international commercial arbitration has increasingly become a preferred dispute resolution mechanism for businesses due to its flexibility, confidentiality, and cross-border enforceability. Vietnam is a signatory to the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (hereinafter referred to as the […]

Is a Contract Signed with a Scanned Signature Invalid Due to Sham or Fictitious Nature?

The use of scanned signatures (image-based signatures) in electronic documents has become increasingly common in commercial transactions and contractual relationships. However, this practice raises several legal issues, including whether a scanned signature is equivalent to an electronic signature under current law; whether a contract may be declared invalid when the signature is suspected to be […]

Which Security Measure Is the Safest for Banks When the Collateral Is Future-Formed Property?

INTRODUCTION In credit-granting activities, particularly for loans financing construction projects, housing purchases, machinery and equipment acquisition, or production expansion, banks are often required to accept future-formed property as collateral. This type of property does not yet exist at the time of contract execution or has not yet come under the ownership of the borrower, but […]

Call Now Button