A single-member limited liability company’s (LLC) ownership transfer brought about by the charter capital transfer is a significant legal process that has an immediate effect on the management and operations of the business. In addition to adhering to capital transfer requirements, this process calls for finishing the correct steps to update enterprise registration data with […]
Tax evasion is no longer an unfamiliar concept to many people today, as it is an extremely pressing issue that the state is focusing on preventing. Due to the increasingly sophisticated nature and extent of this crime, state agencies have issued strict sanctions to prevent and punish such violations. The legal consequences of tax evasion […]
Investment incentives in Vietnam are designed to encourage investment in sectors and regions that align with the country’s development priorities. These incentives, ranging from tax reductions to exemptions on land use, aim to drive economic restructuring and support growth in key industries like high-tech, agriculture, and environmental protection. This article outlines the forms, eligible sectors, […]
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 […]
A partnership company is a business entity where at least two individuals or entities come together to operate under a common name, sharing joint and unlimited liability for any debts or obligations. This model is widely used in family businesses and small enterprises, offering benefits such as ease of management, trust among partners, and easier […]
A partnership company in Vietnam is a business entity where at least two individuals contribute capital and share joint, unlimited liability for the company’s obligations. This structure, governed by the 2020 Enterprise Law, involves two types of partners: general partners, who bear unlimited liability and manage the company, and capital contributors, who have limited liability […]