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 […]
Are foreigners allowed to own houses in Vietnam? Clause 1, Article 8 of the Housing Law 2023 stipulates that: “1. Subjects entitled to own houses in Vietnam include: a/ Domestic organizations and individuals; b/ Overseas Vietnamese as specified by the citizenship law; c/ Foreign organizations and individuals specified in Clause 1, Article 17 of this […]
Nowadays, it can be seen that in our country, especially in big cities, the number of foreigners choosing to come to our country to live and work is increasing day by day. At the same time, the demand for buying houses and land of these people is also increasing sharply. So do foreigners have the […]
Is it allowed to contribute capital by land use rights? Clause 1, Articles 34 of the 2020 Enterprises Law Enterprise stipulates that: “1. Contributed assets include VND, convertible foreign currencies, gold, land use right (LUR), intellectual property rights, technologies, technical secrets, other assets that can be converted into VND.” Thus, law allows capital contribution in […]
To legally invest and set up a business in Vietnam, foreign investors must not only comply with the general regulations for establishing a company but also the specific conditions for foreign investors. 1. Conditions for foreign investors contributing capital from the beginning of establishing the company Clause 1, Articles 22 of the 2020 Investment Law […]
What is conciliation? Conciliation is a form of dispute resolution and provides an opportunity for parties involved in a legal dispute to reach an agreement without the uncertainty, cost and time of a court hearing. According to legal provisions, there are two forms of conciliation in divorce: grassroots-level conciliation and court conciliation. Is conciliation required […]