Recently, Asia Legal assisted a joint-stock company (“Company“) to conduct a transaction to transfer shares of founding shareholders and amend the Company’s Charter. This case is an opportunity for us to learn how to apply the internal management regulations of joint stock companies under the Enterprise Law 2020 in a profound way. Below is the […]
1. State policy in promoting the settlement of bad debts According to the report of the Government and the State Bank of Vietnam submitted to the National Assembly at the 3rd Session, the 15th National Assembly, as of December 31, 2021, that is, after nearly 5 years of applying Resolution 42/2017/QH14, the total the number […]
Mergers and Acquisitions (“M&A”) has long become a popular term. M&A transactions not only bring benefits to the parties involved, such as increasing the efficiency of business operations or reducing or eliminating competitive pressures from competitors but also become an effective channel for capital mobilization for the economy, promote the process of renovating the growth […]
Acquiring shares in a Vietnam-owned company is one of the most-chosen forms of investment in Vietnam. In general, tax implications of the share acquisition are different from the one of newly set up a foreign-invested enterprise in Vietnam. Typically, a foreign investor (the “Investor”) may acquire shares in a joint-stock company in Vietnam (the “Target […]