What are Limited Liability Companies?

A Limited Liability Company (LLC) is a business structure that provides its owners with limited liability protection while offering flexibility in management and operations. It is a popular choice for entrepreneurs due to its balance of legal protection and organizational freedom. What is a limited liability company? Limited liability company (LLC) is not specifically defined […]

What are business locations?

In the context of business operations, a “business location” refers to the physical site where an enterprise conducts its activities. Understanding its definition, key characteristics, and the necessary legal procedures for establishing and notifying business locations is crucial for entrepreneurs and organizations looking to comply with regulations and optimize their operations. This article explores these […]

Shall branches and representative offices sign contracts?

One of the key considerations for businesses expanding internationally is the legal capacity of their branches and representative offices. This article explores whether such entities have the authority to sign contracts and how this affects business operations across borders. What are branches and representative offices? According to Article 44 of the 2020 Enterprise Law, the […]

Non-grant of representative office or branch establishment licenses to foreign traders

Establishing a representative office or branch in Vietnam offers significant opportunities, but there are cases where licenses may be denied. This article outlines the common reasons for refusals, helping foreign traders understand potential challenges and ensure compliance with local regulations. Legal basis Conditions for grant of branch or representative office establishment licenses Foreign traders can […]

Establishing representative offices of foreign traders

Setting up a representative office of a foreign trader in Vietnam is an important step for businesses looking to explore the local market or strengthen their presence in the region. However, the process requires adherence to specific conditions, submission of required documents, and compliance with the relevant legal procedures. This article outlines the key steps […]

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