Today, LSX Lawfirm will give you an article about: “Process of an M&A deal in Vietnam” Legal grounds Law on enterprised 2020 What is M&A? Main forms of M&A What is M&A? M&A (Mergers and Acquisitions) is the merger and acquisition of businesses in the market. As a basic principle, in order to conduct an acquisition or merger of a company, it is usually necessary to create new values for the members/shareholders that maintain the…
Xem thêm »Multiple-member limited liability company is a common types of enterprises in Viet Nam. Organizational structure of this types of company is specified in Viet Nam Law on Enterprises. Let’s find out this issue with Lawyer X through the following situation: “Dear Lawyer! I would like to ask about how a multiple-member limited liability company is organized according to Viet Nam law? Legal status of main positions in a multi-member limited liability company? Thanks for answering…
Xem thêm »Members of a multi-member LLC have the right to request the company to repurchase or transfer their contributed capital to another person. Viet Nam law has regulations on repurchase and transfer of contributed capital in multi-member LLC. Let’s find out this issue with Lawyer X through the following case: “Dear Lawyer! I want to ask about how does a member request the company to repurchase their contributed capital in multi-member LLC and how does a…
Xem thêm »Can foreigners play casinos in Vietnam? What conditions must a casino business location meet? Casino is a popular kind of entertainment for tourists. However, the Vietnamese legislation strictly regulates this kind of entertainment business. So, in this article LSX legal firm would like to answer the question: “Can foreigners play casino in Vietnam?” Legal ground Decree 03/2017/ND-CP Casino The casino is one of the most attractive gambling activities and attracts the most participants. Besides, the…
Xem thêm »Personal income tax (PIT) declaration means a very important thing for both employees and employers, especially when foreign workers recruited and worked in Vietnam. How to declare personal income tax for foreigners? How is the personal income tax payable by these individuals determined? In this article, LSX legal firm will inform you: “Instructions for declaring personal income tax for foreigners in Vietnam” Legal ground Circular 111/2013/TT-BTC The types of Personal Income Tax (PIT) for foreigners?…
Xem thêm »The legal representative of the enterprise can be one or more people and is allowed to change. The procedure to change the legal representative belongs to the procedures to change the business registration. Besides, some businesses wonder if they can change their legal representative online or not. So, in this article LSX legal firm gives you: “Instruction to replace the legal representative online in Vietnam” Legal grounds Law on Enterprise 2020Decree 01/2021/ND-CP Legal representative of…
Xem thêm »With the strong development of technology, today’s transaction methods when participating in civil relations are gradually becoming more diverse. Therefore, to keep pace with these trends, the registration of digital signatures of businesses; is one of the very important issues in the digital transformation process. However, not everyone knows; What is the procedure for registering an enterprise’s digital signature? Through this article, let’s find out about this issue with Lawyer X. Legal grounds Decree 130/2018/ND-CP…
Xem thêm »The Director/General Direct is a very important position in operating business of a multiple-member LLC. Viet Nam Law on Enterprise has regulations on legal status of the Director/General Director of a multiple-member LLC. Let’s find out this issue with Lawyer X through the following case: “Dear Lawyer X! I would like to learn about the rights and obligations of the Director/General Director of a multiple-member LLC in Viet Nam. Are there any requirements for holding…
Xem thêm »Meetings of the Board of Members of multiple-member LLC is an important event to decide main business plans and strategies of the company. Viet Nam Law on Enterprises has regulations on meetings of Board of Members of multiple-member LLC. Let’s find out this issue with Lawyer X through the following case: “Dear Lawyer X! I would like to ask about Viet Nam regulations on convening meetings of the Board of Members of multiple-member LLC. What…
Xem thêm »Liquor distribution is a much larger business than retail and wholesale of alcohol. Alcohol has always been one of the commodities that the state has strict control over; Therefore, traders who want to distribute alcohol must definitely carry out the procedures for applying for a license to distribute alcohol according to the regulations. So what are the alcohol distribution conditions? What rights and obligations do traders have? In this article, LSX legal firm introduces: “Procedures…
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