Four new points related to the business seals from 2021

The Law on Enterprise 2020 officially takes effect from January 1, 2021 with many new regulations compared to the previous Law on Enterprise 2014, specifically the contents related to the

Can members in a limited liability company withdraw their contributed capital without the consent of other members?

Question: Dear PL and Partners Law Firm, we have had a limited company with charter capital of 10 billion VND, including three members, me and two other friends of mine,

Who has authority to enter into labor contracts, and economic contracts in an enterprise?

As we know, the execution of contracts between the company and other individuals, organizations shall be performed by the company’s representative. The company’s representative can be a legal representative or

Is “Tet bonus” required for social insurance payment and personal income tax payment?

One of the welfare regimes besides salary, allowance, KPI bonus, etc., “Tet bonus” is also believed to be a great concern for employees. Currently, enterprises are not obliged to give

Magnetic stripe ATM cards remain valid after December 31, 2021?

Question: Dear lawyer, I recently hear about the fact that magnetic stripe ATM cards will not be accepted but have to switch to chip cards before December 31, 2021. However,

Rights and obligations when directly making investment in Vietnam

Question: Dear lawyer, some of my friends who are foreigners are planning to invest in Vietnam in the form of capital contribution and directly engage in the management of investment

Is it advisable to register multiple business lines?

Question: Dear lawyer, some of my friends and I are planning to establish a company. My friends think we should register many different business lines even though some of them

Distinguish charter capital, investment capital and contributed capital for the implementation of investment project

Capital is no longer a strange concept for businesses and investors. However, in order to distinguish 03 types of capital: charter capital, investment capital and contributed capital for implementation of

Procedures for establishment of branches of foreign traders in Vietnam

1. SUBJECTS IMPLEMENTING PROCEDURES Foreign traders fully satisfy the requirements as prescribed by law.  2. REQUIREMENTS Foreign traders shall be granted Licenses for Establishment of branches if they satisfy the following

Issuance of business license concurrently with retail outlet establishment license specified in Article 20 of Decree No.09/2018/ND-CP

1. OBJECTS. The foreign-invested entity applies for Business License concurrently with the first Retail Outlet Establishment License, in which the location of the first retail outlet is placed in the same