In the context of Vietnam’s national digital transformation, the use of electronic identification (e-ID) accounts has become an essential requirement for both individuals and organizations in administrative, financial, and commercial transactions. In particular, for foreigners serving as legal representatives of Vietnamese enterprises, understanding the procedures for obtaining an e-ID account is crucial to ensure smooth […]
In the context of Vietnam emerging as an attractive destination for international capital inflows, the participation of foreign managers and experts in corporate governance has become increasingly common. Many foreign-invested enterprises (FIEs), as well as Vietnamese companies cooperating with foreign partners, opt to appoint foreign nationals as their legal representatives in order to leverage their […]
In a business, the legal representative always holds the most important position, giving directions and decisions that directly affect the operation and development of the business. Therefore, before set up an enterprise, it is necessary to clearly understand the following information about legal representative: What is a legal representative? Pursuant to Clause 1, Article 12 […]
Legal representatives shall sign documents and records during the business operation. Therefore, it is necessary to quickly carry out the procedure for changing the legal representative information to avoid punishment and delay. I. Legal basis II. Legal regulations on legal representatives Pursuant to Article 12 of the 2020 Enterprise Law, legal representative of an enterprise […]