Pursuant to Clause 27, Article 5 of the Law on Value Added Tax 2024, the following is stipulated: Article 5. Goods and services not subject to VAT: 27. Business establishments trading in goods and services that are not subject to value added tax as prescribed in this Article are not entitled to deduct or receive […]
The procedure for registration of changes to the Enterprise Registration Certificate in the case of a change of the legal representative of an enterprise shall be carried out in accordance with Article 43 of Decree No. 168/2025/ND-CP. 1. Individuals authorized to sign the application for registration of change of the legal representative Pursuant to Clauses […]
The charter capital of a joint stock company constitutes a fundamental legal basis for determining the company’s financial liability, shareholders’ ownership ratios, and the corresponding rights and obligations. An increase in charter capital is a material corporate action that gives rise to amendments to the company’s charter, changes in capital structure, and potential impacts on […]
1. Conditions for Public Offering of Shares in Vietnam Under Article 36 of Decree No. 155/2020/ND-CP, enterprises established and operating under foreign laws must satisfy the following conditions to conduct a public offering of securities in Vietnam: Accordingly, foreign enterprises seeking to offer shares to the public in Vietnam must fully comply with the above […]
Legal Risks of Disguised Material Markup Schemes: When “Free” Entry leads to Operational Insolvency In the current economic climate, the “Zero-Fee Franchise” model (Nhượng quyền 0 đồng) has emerged as a popular strategy to attract small-scale investors. Under this scheme, the Franchisor waives the Initial Franchise Fee and ongoing Royalty Fees. However, the monetization model […]
Legal Enforceability and the Conflict between “Right to Work” vs. “Freedom of Contract” In the context of an increasingly competitive labor market, Non-Compete Agreements (NCAs) have become a standard instrument for corporations to protect their trade secrets and market position. However, the enforceability of such agreements within the Vietnamese jurisdiction remains a contentious legal issue, […]