Guidelines for issuance of retail business license

Vietnamese markets are seen as attractive and prospective, attracting a lot of attention from international investors. Vietnamese law creates particular rules to regulate the retail operations of foreign-invested businesses in order to maintain transparency, be in line with the objectives of economic development, and promote an equitable and balanced business climate between domestic and foreign […]

Lease of sole proprietorships

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 […]

Dissolution of Enterprises

Dissolving an enterprise involves terminating its legal status, including its rights and obligations. Whether voluntary or compulsory, the dissolution process follows specific procedures and requirements outlined by the law, depending on the type of business and its situation. What is the Dissolution of Enterprises? The dissolution of an enterprise refers to the process of ending […]

Transforming Sole Proprietorship into another business form

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? […]

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