#vietnam

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 […]

Some highlights in the draft amendment of Decree 81/2018/ND-CP on sales promotion activities

Abstract: Decree 81/2018/ND-CP provides detailed guidelines for the 2005 Commercial Law on activities including sales promotion, trade fairs and exhibitions. The draft amendment to Decree 81/2018/ND-CP primarily focuses on revising regulations regarding sales promotion activities with the purpose of simplifying administrative procedures for notification of sales promotion and facilitating businesses. Key words: #promotional_product #sales_promotion_programs #notification_of_sales_ […]

MEASURES TO PREVENT MONEY LAUNDERING PURSUANT TO CIRCULAR NO. 09/2023/TT-NHNN INSTRUCTIONS ON THE LAW ON ANTI-MONEY LAUNDERING

Abstract: Measures to prevent and combat money laundering according to the Circular guiding the Law on Anti-Money laundering and the impact of this Circular on financial and non-financial organizations. Key words: #law_on_anti_money_laundering #measure #compliance #requirement #reporting #KYC #KYB #customer_due_diligence #law_firm   Recently, the State Bank of Vietnam has just issued Circular 09/2023/TT-NHNN (“Circular 09/2023”) guiding […]

Legal considerations for investing in Vietnam

Before investing in Vietnam, besides market, infrastructure and labor factors, Japanese investors should pay attention to the following legal issues: 1. Types of enterprise In Vietnam, there are five types of enterprise including joint stock company, one-member limited liability company, multi-member limited liability company, partnerships, and sole proprietorships. The following are the most prevalent forms […]