Transforming a sole proprietorship into another business form can be an essential step for growth, better alignment with the business’s development, or compliance with legal requirements. This article outlines the different types of business transformation available for sole proprietors, including the necessary conditions, procedures, and documentation for each transformation. 1. What is a Sole Proprietorship? […]
What is a Joint-Stock Company? A joint-stock company is a business association that combines the structure of a corporation with the flexibility and freedoms of a limited liability company. The shareholders buy and sell shares and own a portion of the company – in accordance with the amount they have invested. Each investor will takes […]
According to the new decree, foreign organizations and individuals may own a maximum of 30% of the total number of residential apartments of such a building and no more than 250 houses in an area with a population of 10,000 people. Decree No. 95/2024/ND-CCP of the Government provides detailed guidance on a number of articles […]