What is Revenue of a Business Household? Determination of Taxable Revenue of a Business Household

1. What is Revenue? According to Official Letter No. 533/GLA-NVDTPC (2026), revenue is defined as follows: Revenue means the total proceeds from the sale of goods, processing activities, and provision of services, including bonuses, financial support, subsidies, surcharges, additional charges, extra fees, compensation, and other revenues related to business activities that a business household is […]

IS THE OWNER OF A SINGLE-MEMBER LIMITED LIABILITY COMPANY LEGALLY ENTITLED TO TRANSFER ALL OR PART OF ITS CHARTER CAPITAL TO ANOTHER LIMITED LIABILITY COMPANY?

1. Is the owner of a single-member limited liability company legally entitled to transfer all or part of its charter capital to another limited liability company? Pursuant to Articles 76 and 77 of the Law on Enterprises 2020 regarding the transfer of charter capital of a single-member limited liability company: Article 76. Rights of the […]

Documents Evidencing the Legal Status of the Investor

1. What are Documents Evidencing the Legal Status of the Investor? Documents evidencing the legal status of the investor mean certified true copies of personal identification documents or documents certifying the establishment and operation of an economic organization. 2. What do Documents Evidencing the Legal Status of the Investor include? Pursuant to Clause 15, Article […]

Blue-Ink and Black-Ink Signatures in Civil Transactions: Administrative Practice or Legal Standard?

I. INTRODUCTION In the practice of concluding and performing civil transactions, many individuals and organizations remain uncertain as to whether signing with blue ink or black ink affects the legal validity of contracts or civil documents. In some cases, dossiers are rejected or parties are required to re-sign documents solely because the signature does not […]

Applicable Law to Child Custody in Divorce Cases Involving Foreign Elements: Nationality Law or the Law of the Child’s Place of Residence?

I. INTRODUCTION In the context of globalization and the increasing number of marriages involving foreign elements, disputes over child custody in divorce cases with foreign elements have become increasingly common and complex. Beyond determining which parent will have direct custody of the child, such disputes raise a fundamental issue of private international law: which legal […]

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