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Legal service
Latest business suspension dossiers in Vietnam
In certain cases, enterprises may suspend business for a period of time. Accordingly, enterprises must suspend all activities including branches and representative offices for business suspension in accordance with the law. However, to suspend a business, owners have to prepare certain dossiers prescribed by the law. If you do not understand clearly about the regulation, this may confuse you. So, in this article LSX legal firm would like to give you an insight into: “Latest…
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Legal service
The latest regulations on business suspension in Vietnam
Currently, if your business does not want to conduct business for some reason, your business can apply for a temporary suspension. This kind of legal status brings many benefits to businesses when they face difficulties such as simple procedure, low cost, ability to transfer the company after the suspension period… However, when carrying out procedures for the business suspension, you need to pay attention to the related regulations prescribed by the law. So, in this…
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Legal service
Should businesses suspend or dissolve in Vietnam?
Due to the prolonged situation of the Covid-19 epidemic, which directly affects the economy, the financial problem of maintaining businesses becomes a huge burden for many companies. Many of them cannot continue to perform business, so they have to decide whether to carry out the procedure for suspension or dissolution. Therefore, in this article LSX legal firm will answer the question: “Should businesses suspend or dissolve in Vietnam?” Legal grounds Law on Enterprise 2020Decree 78/2015/ND-CP…
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Legal service
The latest business suspension procedure in Vietnam
Currently, due to the impact of the pandemic, many financial difficulties appear and make companies shut down their business operations. Therefore, businesses have more and more needs to suspend business. So when you want to temporarily suspend your business, what dossiers do you need to prepare? In this article, LSX legal firm will give you a guideline on: “The latest business suspension procedure in Vietnam” Legal ground Law on Enterprise 2020Decree No. 01/2021/ND-CP Business suspension…
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Procedures for extension of business suspension in Vietnam
When facing difficulties during business operations, many businesses choose to suspend their business in order to continue doing business in the future. The law stipulates that an enterprise may suspend its business for 1 year. However, many companies can not find a way to manage the situation after the period of suspension expired, so they want to continue to suspend their business. Therefore, in this article LSX legal firm gives you a guide: “Procedures for…
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Are teachers allowed to participate in multi-level selling according to Vietnamese law?
The form of multi-level selling is increasingly flourishing in Vietnam. If we ignore the fact that people take advantage of multi-level to cheat to appropriate other people’s property, the form of multi-level selling can be considered a job to earn extra income. For the current teacher salary, the need to find part-time jobs to earn extra income to cover the teachers’ lives is increasing. Therefore, multi-level selling is one of the appropriate options for teachers.…
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Legal service
How is Vietnam’s state management of multi-level selling?
Currently, multi-level selling is a retail marketing method that businesses use a lot in business. This sales method has many advantages and brings good profits. This is a legal business model in Vietnam, subject to the management of Vietnamese law. Accordingly, the current law only prohibits illegal multi-level selling acts. To better understand this, today LSX Lawfirm will give you an article about “How is Vietnam’s state management of multi-level selling?“, as follows: Legal grounds…
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Is multi-level selling illegal in Vietnam?
“Dear lawyer, I have recently seen in newspapers and social networks that there are many cases related to multi-level selling, or articles that reflect scams and seduce buyers of the multi-level business. I don’t know if all forms of multi-level business are bad and violate the law.” Thanks for your question. Currently, the form of multi-level business is quite popular. However, a lot of people do not accurately grasp the information about multi-level selling. To…
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Do businesses pay tax when suspending business in Vietnam?
In case the business faces financial difficulties, the business can choose to suspend operations. While carrying out procedures for business suspension, enterprises usually pay attention to related problems such as tax returns and tax declarations. Many businesses wonder whether they have to pay taxes when suspending business or not. So, in this article LSX legal firm will answer the question: “Do businesses pay tax when suspending business in Vietnam?” Legal ground Law on Enterprise 2020Circular…
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Legal service
Certificate of business suspension of business in Vietnam
When you have business difficulties and have not found a solution to overcome this difficulty, you need to apply for a business suspension registration certificate. In order to solve the immediate problem, in this case, the enterprise can carry out the registration procedure for the business suspension to find a new direction for the business in the future. After an enterprise registers to suspend its operation for a certain period of time, the business registration…
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