Forms of Company to be Set-up in Vietnam | ANT Lawyers
According the Vietnam Law on Enterprises, there are four common types of companies: - Private enterprise is an enterprise owned by an individual who is liable for all of its operations with his/her entire property; - Partnership is an enterprise in which (i) there are at least two partners who are co-owners of the company, jointly conduct business under one common name; in addition to general partners, there may also be limited partners; (ii) general partners to a partnership must be individuals who are liable for all obligations of the part…
How to Set Up Company in Hanoi? | ANT Lawyers
The Law on investment 2021 has a lot of investment incentive policies in economic sectors in Vietnam for foreign investors. Foreign investors that invest in Vietnam in general and Hanoi in particular for the first time must have investment projects and fill in investment registration or examination procedures at state agencies in charge of investment in order to be granted Investment Registration Certificates (“IRC”) and Enterprise Registration Certificate (“ERC”). Company with 100% foreign capital has founded and operated from the date of iss…
.jpg)
Differences Between Limited Liability Company and Joint Stock Company | ANT Lawyers
How to distinguish a Limited Liability Company and Joint Stock Company?” Vietnam Law allows the establishment company in Vietnam in various forms. It is an important step in investment process. Investors could choose different forms depending on the needs and capacity on the ability to raise capital and sharing the risk in business as well as the management and operating costs. Each form will have its own organizational structure, operating mechanism, rights and obligations specified under Law on Enterprise 2014. Currently, Limited Liabili…
How to Set Up Company in Hanoi? | ANT Lawyers
The Law on investment 2021 has a lot of investment incentive policies in economic sectors in Vietnam for foreign investors. Foreign investors that invest in Vietnam in general and Hanoi in particular for the first time must have investment projects and fill in investment registration or examination procedures at state agencies in charge of investment in order to be granted Investment Registration Certificates (“IRC”) and Enterprise Registration Certificate (“ERC”). Company with 100% foreign capital has founded and operated from the date of iss…
Policies to Attract Foreign Investment in Hanoi | ANT Lawyers | ANT Lawyers
Over the years, Hanoi city has organized quality conferences of foreign investment attraction, focusing on implementing measures to attract transnational corporations engaged in investment and business in Hanoi . To perform domestic and international cooperation activities on investment promotion. Hanoi is constantly promoting and improving the efficiency of investment promotion activities, creating a reasonable and effective connection between domestic and foreign investment promotion activities in Hanoi in all fields, economic sectors; conne…
How to Determine Penalty and Compensation for Damages from Breach of Commercial Contract?
When drafting a contract, especially a commercial business contract, in addition to basic provisions such as the object, scope of the contract, value and payment method, rights and obligations of the parties, dispute settlement, information confidentiality, and the regulations on the penalty for a breach of the contract and damage compensation are also very important. Penalty for a breach of the contract Under the provisions of the Commercial Law 2005, penalty for a breach means that the breaching party must pay a sum of money to the aggrieved…
.jpg)
