Tiếng Việt
Dear Valued Clients, Recently, the Government has announced the second draft of the Decree on personal data protection (the “Draft Decree”) as a guidance document of the current Cyber Security Law. In this Legal Update, we would emphasize several highlights which could affect business activities in Vietnam since this Draft Decree is adopted. Definition of personal data Recently, personal data (“PD”) is absent from or is stipulated scatteredly in the…
Dear Valued Clients, Charter capital of a limited liability company is the total value of assets that have been contributed or promised by the members/the owner when a limited liability company is established. During the company’s operation, the charter capital can be changed, either increased or decreased, depending on the business operations as well as demands of the company. The following Article shall point out several options of charter capital…
Dear Valued Clients, Charter capital of a joint-stock company is the total of nominal values of the sold or subscribed shares when a joint-stock company is established. During the company’s operation, the charter capital can be changed, either increased or decreased, depending on the business operations as well as demands of the company. The following article will point out cases of the charter capital amendment and provide instructions to implement…
Dear Valued Clients, The legal representative of an enterprise is an individual who represents the enterprise to exercise the rights and obligations arising from the transactions. Therefore, the long-term absence of the legal representative will strongly affect the normal operation of the enterprise. In this article, we will outline how to handle in case the legal representative is absent from Vietnam for more than 30 days. I. OVERVIEW OF THE…
Dear Valued Clients, After the establishment, it is vital for businesses to quickly build a key personnel framework. However, at present, many businesses are still confused about the application of legal provisions related to the election of titles in the company. Understanding this, ENT Law LLC would like to send to our valued clients this Legal Article on the procedure for election of titles of the joint-stock company after its…
We advise on a variety of matters that client requests, such as drafting and negotiation of commercial contracts, issuing legal opinions on specific issues that clients are concerned, assisting with commercial dispute resolution before the courts and arbitration (both domestically and internationally). In addition, one of our strong areas of expertise is Merger and Acquisition (M&A). We join with clients from the very first beginning when the deal is structured…
We assist clients with legal issues that arise in their day-to-day operations, ranging from employment issues, internal management and policies, corporate governance, risk management to internal control, among others. Our service provides valuable insights for clients, especially foreign ones who would otherwise be unfamiliar with the legal framework of Vietnam. In this regard, we offer flexibly-customized retainer packages that allow clients to reach out to us for any questions of…
We assist clients with all their legal needs in implementation of investment activities, whether a new green-field project or acquisition of an existing one. In particular, we can assist with (i) structuring and advising on investment models and appropriate corporate structures; (ii) preparing investment strategy and required documentation, (e.g., joint venture contracts, business cooperation contracts, share transfer agreements, shareholders’ agreements, charters, corporate approvals and etc); and (iii) performing procedures and…
Dear Valued Clients, Facing nagative impacts of Covid-19 epidemic across the country, most enterprises and business households and individuals face a series of financial difficulties. Having this understood thoroughly, the National Assembly Standing Committee has recently passed a resolution on a package of exemption and reduction of corporate income tax and value added tax for these subjects. The following article will update the basic provisions of Resolution No. 406/NQ-UBTVQH15 dated…
This Legal Update is prepared solely for clients of ENT Law LLC and to provide some basic information regarding changes of the Law on Enterprises (version of 2020 compared to version of 2014). Information contained in this Legal Update shall only for reference and is not considered a professional legal advice of ENT Law LLC. In order to seek legal advice on any issues mentioned in this Legal Update,…