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Legal service
Promotion up to 80% is in accordance with the law of Vietnam
To attract customers in the first sale or boost sales, businesses use a method called promotion. However, many businesses do not understand the law, decide to reduce prices to 70%, 75%, or even 80% without even knowing they are violating the law on unfair competition. So what is the law on promotion? Legal grounds – Commercial Law 2005 – Decree 81/2018/ND-CP Consulting content What is Promotion? A promotion is a discount to a customer when…
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Legal service
Does “Sale up to 70%” violate the law on promotion of goods in Vietnam?
Sale up to 70%” violates the law on the promotion of goods. How does the law regulate the promotion of goods and services? Here, together with the business law consulting rooLsxlawfirmm of Lawyer X will clarify this issue. Legal grounds Commercial Law 2005. Decree 81/2018/ND-CP. What is Promotion? Under Article 88 of the Commercial Law 2005: Promotion means trade promotion activities of traders to promote the purchase and sale of goods; provide services by giving…
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Legal service
In Vietnam, is there any promotion of alcohol?
To promote and find opportunities to buy and sell goods and provide services to customers, businesses often carry out trade promotion activities and one of the trade promotion activities that businesses often perform. Now it’s promotional activity. Promotions can in a variety of ways. However, the form of promotion that businesses often choose is in the form of gift-giving. So can “alcohol” be used for promotion or not? Let’s find out with Lawyer X with…
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Legal service
Procedures for setting up an accounting service business in Vietnam
Business accounting services is one of the popular professions chosen by many businesses, and at the same time is one of the important industries in Vietnam’s economy today. Lawyer X would like to share information about the establishment of an accounting service business for customers to understand and choose to establish. Legal grounds Accounting Law 2015 Establishing an accounting service business According to regulations, accounting service businesses are established in the following forms: Limited liability…
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Legal service
Forms of trade promotion in accordance with the law of Vietnam
Trade promotion is a phrase that is no longer strange to each of us; especially for businesses that carry out business activities. Trade promotion brings targeted searches; promotes the commercial business opportunities of the subjects. So, what does the law of our country stipulate on forms of trade promotion? Let’s find out more about the issue with Lawyer X through the following article: Legal grounds Commercial Law 2005 Subjects of trade promotion activities From an…
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Legal service
Procedures for setting up an insurance business in Vietnam
According to current regulations, insurance business people must establish an enterprise. What is the procedure for setting up an insurance business? Let’s find out with Lawyer X. Legal grounds Consolidation document No. 06/VBHN-VPQH Consolidation document No. 08/VBHN-BTC Conditions for establishing an insurance business An insurance company is a limited liability company To establish an insurance limited liability company, in addition to meeting the general conditions when participating in the registration of insurance business, the following…
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Legal service
Conditions for establishing a garment company at Vietnam
Vietnamese garment products are increasingly favored by consumers with high product quality, diverse designs, and affordable prices. Due to the increased demand of consumers, the problem of the size and number of new garment enterprises is raised. So, faced with that situation, many individuals/organizations plan to open garment companies to meet the market situation. So what are the conditions for establishing a garment company? Then, Lawyer X invites readers to refer to the article below…
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Legal service
Benefits of trademark registration under Vietnamese legislation
The registration of trademark protection is an activity aimed at determining ownership of a trademark used to distinguish goods and services of different organizations and individuals. Trademark registration represents an effective solution to ensure that other individuals and organizations can not violate the trademark of an individual or organization. As you can see, trademark registration brings many benefits to businesses. So, what are the benefits of trademark registration under Vietnamese legislation? Legal ground Consolidated text…
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Legal service
Dossiers to establish a Single-member LLC in Vietnam
Nowadays, a type of business: the limited liability company is no longer strange to entrepreneurs. Single-member limited liability company (LLC) is the type that many investors chose for their business. So, what are the dossiers and procedures to establish a Single-member LLC? LSX legal firm provides this article to give you instructive information about this problem. Legal grounds Law on Enterprise 2020Decree 01/2021/ND-CPDecree 122./2020/ND-CPDecision 1523/2020/QD-BKHDT Single-member LLC Single-member limited liability company is an enterprise run…
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Business
Procedures to establish Joint-stock company under Vietnamese legislation
The establishment of businesses is becoming popular in Vietnam. The Joint-stock company, a type of business that has been established quite a lot recently, showed its potential in the Vietnamese market. A joint-stock company has the participation of many shareholders. However, establishing a joint-stock company will involve many factors. So, what are the procedures to establish a Joint-stock company? Follow this article for more information. Legal grounds Law on Enterprise 2020Decree 01/2020/ND-CPDecision 1523/2020/QD-BKHDT Procedures to…
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