Dear Valued Clients, The pre-registration contract has an important meaning and role in the process before the establishment. To better understand the concept, properties, characteristics, as well as issues keep in mind the opinion of the pre-registration in accordance with the provisions of the Enterprise Law No. 59/2020/QH14 of the National Assembly, dated June 17, 2020 (“Enterprise on Law 2020”), please see directions our basic citation in this article. 1….
Dear Clients, The civil transaction is one of the popular and important issues in civil law because it is an effective means to satisfy the legitimate rights and interests of the involved. In this Legal Article, we would like to provide brief guidance on objectives and forms of civil transactions in accordance with the Civil Code No. 91/2015/QH13 of the National Assembly dated November 24, 2015 (“Civil Code 2015”). Civil…
Dear Valued Clients, Conclusion insurance contracts is one of the important steps to determine the rights and obligations between the insurers, foreign non-life insurers’ branches with the policyholder. Having a clear understanding of the rights and obligations between the insurers, foreign non-life insurers’ branches with the policyholder will help the parties to raise their awareness in fulfilling their obligations as well as ensure insurance benefits when participating. Therefore, in this…
Dear Valued Clients, Currently, insurance is one of the services that are developing strongly and demonstrating its role in social life. Especially, since the outbreak of the Covid-19 pandemic until now, the demand for insurance participation of people has been increasing. However, not everyone knows clearly the terms of the insurance contract as prescribed by the law. Therefore, in this Legal Article, we would like to summarize the information about…
Introduction Dear Valued Clients, The transfer of an investment project happens when an investor transfers either partly or completely his/her project to another investor through an investment project transfer contract. An investment project assignment contract bears the essence and basic characteristics of an asset purchase and sale contract, in which the property of this type of contract is an investment project or a part of the investment project. In this…
Dear Valued Clients, The authorized representative of the owner, members or shareholders of the company that are organizations who, through a written authorization, exercise the rights and obligations within the scope of authorization, is a person that acts on behalf of and for the benefit of the owner, members or shareholders to establish, and perform transactions. In this Legal Article, the issues on the authorized representatives of the owner, members…
Dear Valued Clients, Investment incentives play a significant role in encouraging investment as a way to promote and push the socio-economic growth of our country. Therefore, in this Legal Article, we would like to summarize the information about investment incentives specified in the Law on Investment No. 61/2022/QH14 of the National Assembly dated June 17, 2020 (the “Law on Investment 2020”) for your kind reference and consideration. 1. …
Dear Valued Clients, An employer and an employee shall form a labor relationship once these two parties enter into an employment contract. In order to avoid potential disputes, an employment contract usually specifies the rights and obligations of both parties, making them clearer for the purpose of due performance. In this Legal Article, we would like to clarify the rights and obligations of the parties to an employment…
Dear Valued Clients, Legal representative plays an important role in operation and management of a company. In order to have some insights on legal position of a legal representative under the Law on Enterprise No. 59/2020/QH14 of the National Assembly dated June 17, 2020 (the “Law on Enterprise 2020”), we’d like to provide this Legal Article for your reference. 1. The definition The enterprise’s legal representative is the person…
Dear Valued Clients, With the increasing demand for use of foreign employees, more and more foreign employees are applying to work in Vietnam. In order to work legally in Vietnam, foreign employees need to strictly comply with labor regulations, especially on the issuance of work permit for the foreigner. In this Legal Article, we would like to summarize the conditions issuance of work permits for foreign employees and instructions…