1. Persons entitled to establish an enterprise All organizations and individuals have the right to establish and manage enterprises in Vietnam in accordance with the Law on Enterprises No. 59/2020/QH14 (2020). However, exceptions apply to cases prohibited from establishing enterprises as stipulated in Clause 2, Article 17 of the Law on Enterprises 2020. 1.1. Individual […]
Before establishing a business in Vietnam, business owners need to know whether they are granted to establish and manage an enterprise? The 2020 Enterprise Law clearly states who may not establish and manage a business. Subjects prohibited from establishing enterprises Pursuant to Clause 2, Article 17 of the 2020 Enterprise Law, the following 7 subjects […]