Franchise is an increasingly common form of business operation and investment across many countries, including Vietnam. It plays an important role in facilitating market expansion and transferring business models efficiently. The following elaboration explains the concept, characteristics, and legal aspects of franchise agreements under Vietnamese law, particularly the 2005 Commercial Law and its guiding regulations. […]
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 […]
A Limited Liability Company (LLC) is a business structure that provides its owners with limited liability protection while offering flexibility in management and operations. It is a popular choice for entrepreneurs due to its balance of legal protection and organizational freedom. What is a limited liability company? Limited liability company (LLC) is not specifically defined […]