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Legal service
Procedures for establishing a transport business in 2022
Transportation business is an activity that includes both freight and passenger transportation business. Because the object of transportation has many different characteristics, transportation enterprises have more special conditions than those operating in other business fields. In order to understand the regulations on the above issue, through this article, Lawyer X will provide everyone with information about business conditions as well as the process of establishing a transportation business. What conditions does a transport business need…
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Procedures for changing members due to transfer of contributed capital of a limited company in Vietnam
In the course of business operations, the change of members of a two-member limited liability company; must be carried out according to the procedures prescribed by law. The change of members due to the transfer of contributed capital of a limited liability company with two or more members is a concern for many people. So, what is the procedure for changing members due to the transfer of contributed capital of a limited company? Let’s find…
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Guidance on procedures for increasing charter capital of a partnership in Vietnamese
According to the current enterprise law, enterprises allowed to carry out procedures to increase the company’s charter capital. Accordingly, the partnership also has the right to adjust to increase the registered initial charter capital. What are the current legal regulations on procedures for increasing charter capital in a partnership? What are the forms of increasing charter capital in a partnership company? Lawyer X would like to answer the above questions as follows: Legal grounds: Enterprise…
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Establishing a financial company in Vietnam
Stemming from the needs of customers, the financial-credit market is currently on the rise. Therefore, there are many financial companies that have been established and developed quite vibrantly. So, to help you catch up with the law in a timely manner; In the following article, Lawyer X will share with you the process of establishing a financial company in detail as follows: Legal grounds: Law on Credit Institutions Amended in 2017Decree No. 39/2014/ND-CPDecree No. 86/2019/ND-CPCircular…
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How much capital is suitable to establish a Joint-stock company in Vietnam
Every year, many large enterprises and companies are established in Vietnam. Among those, the Joint-Stock Company is a relatively complex type of enterprise. It is organized and operated in a tight apparatus with high consistency and a large amount of capital. A joint-stock company is the result of many people’s capital as well as efforts of construction and leadership. Therefore, owners and members have to follow the prescribed procedures cautiously when carrying out the establishment.…
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What do you need to establish a company in Vietnam?
In modern society, the economy is growing day by day, resulting in the increase of demand to establish a company. So what should you keep in mind when setting up a company? What are the conditions and dossiers to establish a LLC or Joint-stock company? LSX legal firm provides this article to answer the question of “What do you need to establish a company in Vietnam?” Legal grounds Law on Enterprise 2020Decree 47/2021/ND-CP Notes for…
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What do you need to establish a single-member LLC in Vietnam?
The current Vietnamese legislation has regulations that are very open for business establishments. A limited liability company (LLC) is a business model with many advantages in terms of organizing and managing system. Therefore, many individuals and organizations aim to build their business as a limited liability company. However, when establishing a limited liability company, people must met certain conditions and steps prescribed by the law. What are those? In this article, LSX legal firm would…
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In Vietnam, can public employees establish a business?
Can anyone start a business? Can public employees set up businesses? Please refer to the following article by Lawyer X to learn more about this issue. Legal grounds Enterprise Law 2020 What is a public employees? Above all, according to Vietnam’s law, public employees who are Vietnamese citizens are recruited by job position, work at public non-business units under the working contract regime, and receive a salary from the salary fund of the non-business unit…
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Guidelines for drafting the latest company charter 2022 in Vietnam
The company’s charter is a mandatory document in the business registration file of the enterprise. Therefore, the company’s charter is one of the most important issues for any business. It is both legally binding on state agencies; It is also the basis for long-term business development. However, with the current number of newly established enterprises increasing day by day; Not all companies know how to draft the company’s charter properly. So how to draft a…
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Is tax evasion and tax fraud administratively sanctioned?
What is considered tax evasion and tax fraud? Is tax evasion illegal? If yes, how will this behavior be penalized? To better understand the issue, let’s take a closer look at this issue through the following article “Is tax evasion and tax fraud sanctioned for administrative violations” by Lawyer X Legal grounds Law on Handling of Administrative Violations 2012Tax Administration Law 2019Decree 125/2020/ND-CPCriminal Code 2015 What is tax evasion? Tax evasion is an act of…
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