The dissolution of enterprises in Vietnam refers to the legal process by which a business entity officially ceases operations and is removed from the registry of businesses maintained by the Vietnamese government. The process is governed by the Law on Enterprises 2020 (effective from January 1, 2021), along with related regulations, and involves specific steps […]
Businesses use ESOP issuance as a vital instrument to both attract investment capital and retain employees. However, the issuance procedure is complicated and requires businesses to thoroughly assess their financial situation and development strategy in addition to adhering to stringent legal rules. Companies must fully comprehend the essential elements before choosing to adopt an ESOP […]
The carbon market is one of the key tools for reducing greenhouse gas (GHG) emissions, supporting the transition to a green economy, and promoting sustainable development. In Vietnam, the development of the carbon market has been initiated with various legal frameworks, such as Decree No. 06/2022/ND-CP, but it still faces significant challenges. Let’s explore the […]
A sole proprietorship is a business model where one individual owns and fully controls the operations, assuming complete responsibility for its debts and activities. This type of business is governed by the 2020 Enterprise Law in Vietnam, which outlines its unique characteristics, such as unlimited liability and non-separation of business and personal assets. 1. What […]
Dissolving an enterprise involves terminating its legal status, including its rights and obligations. Whether voluntary or compulsory, the dissolution process follows specific procedures and requirements outlined by the law, depending on the type of business and its situation. What is the Dissolution of Enterprises? The dissolution of an enterprise refers to the process of ending […]
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 […]