Asia Legal Admin

ORGANIZATIONAL STRUCTURE OF ONE MEMBER COMPANY LIMITED OWNED BY AN ORGANIZATION

The corporate investor establishing a one-member limited liability company in Vietnam shall decide the company’s organizational structure. In this case, Law on Enterprise 2020 provides two organizational structure models to opt for below[1]:   The company owner must also decide which seat would be the legal representative of the company. As provided by the law, […]

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ORGANIZATIONAL STRUCTURE OF MULTIPLE-MEMBER LIMITED LIABILITY COMPANY

Multiple-member limited liability company is a popular type of enterprise chosen by foreign investor when make investment Vietnam in the form of establishment of a business organization. Accordingly, foreign investors should comprehend the provisions of the law on the organizational structure of a multiple-member limited liability company to facilitate the process of enterprise management. Under […]

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SUMMARY ON THE COURT’S JUDGMENT NO. 02/2005/XQDTT-ST REGARDING THE CONSIDERATION OF A REQUEST TO ANNUL AN ARBITRAL AWARD

Abstract: This article provides a concise overview of the key content of Judgment No. 02/2005/XQDTT-ST dated 11 May 2005, issued by the People’s Court of Hanoi regarding the consideration of a request to annul an arbitral award, concerning the authority to sign arbitration agreement. Since the public disclosure of Court’s decisions and awards on the […]

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Profits repatriation of foreign investors in Vietnam

As a business law firm which has advised numerous foreign investors doing business in Vietnam, we often receive the same question from the foreign investors on profit repatriation. Specifically, are they allowed to repatriate the profit to their home countries? Currently, Vietnam has issued a number of key legislative documents to govern foreign investment in […]

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