#company

Is Company Dissolution Ever Simple?

After nearly six months of dedicated work, Asia Legal successfully assisted a client in the garment manufacturing sector with the legal dissolution of a company that had operated in Vietnam for almost 20 years. Due to continued inefficiencies in business operations, the owner decided to dissolve the company. While dissolution may appear straightforward, the process […]

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, […]