Commentary

- 10 / 01 / 2021 -
Remove obstacles for enterprises with multiple legal representative
On June 17, 2020, the Law on Enterprise 2020 was passed by the National Assembly to replace the Law on Enterprise 2014, effective from January 1, 2021. One of the typical points in the Law on Enterprise 2020 is the regulation on the legal representative. Specifically as follows: – As prescribed in Clause 2 Article […]
- 10 / 01 / 2021 -
Controllers are no longer a title in The Organizational structure of a single-member limited liability company owned by an organization
On June 17, 2020, the Law on Enterprise 2020 was passed by the National Assembly to replace the Law on Enterprise 2014, effective from January 1, 2021. One of the typical points in the Law on Enterprise 2020 is the regulation: The Controller is no longer a title in The Organizational structure of a single-member […]
- 10 / 01 / 2021 -
The reduction of administrative procedures
On June 17, 2020, the Law on Enterprise 2020 was passed by the National Assembly to replace the Law on Enterprise 2014, effective from January 1, 2021. Some of the typical points in the Law on Enterprise 2020 are the provisions in the reduction of administrative procedures. Specifically, as follows: The enterprise is not required […]
- 10 / 01 / 2021 -
Extend the term of capital contribution by property
On June 17, 2020, the Law on Enterprise 2020 was passed by the National Assembly to replace the Law on Enterprise 2014, effective from January 1, 2021. One of the typical points in the Law on Enterprise 2020 is the provision on prolonging the capital contribution term of capital with assets contributors/founding shareholders, specifically as […]
- 10 / 01 / 2021 -
Pre-registration contracts must carry out transfer the rights and obligations
On June 17, 2020, the Law on Enterprise 2020 was passed by the National Assembly to replace the Law on Enterprise 2014, effective from January 1, 2021. Some of the typical points in the Law on Enterprise 2020 are the provisions related to Pre-registration contracts. As follows: According to Clause 2, Clause 3 Article 19 […]
- 10 / 01 / 2021 -
Regulations on the form of payment via bank accounts
On December 14, 2020, the Government issued Decree 145/2020/ND-CP guiding the Labor Code on working conditions and labor relations. Accordingly, this Decree provides for the form of payment via bank accounts as follows: Based on the nature of work and production and business conditions, the employer and the employee agree in the labor contracts in […]
- 10 / 01 / 2021 -
Regulations on the number and participants of dialogue at the workplace
On December 14, 2020, the Government issued Decree 145/2020/ND-CP guiding the Labor Code on working conditions and labor relations. Accordingly, for dialogue activities at the workplace, this Decree regulates the number and participants as follows: (1) The Employer Party “Employer”: Based on production and business conditions, The labor organization and the employer decide the number […]
- 10 / 01 / 2021 -
Regulations on the time limit for notification before unilateral termination of labor contracts for The enterprise’s executive
On December 14, 2020, the Government issued Decree 145/2020/ND-CP guiding the Labor Code on labor conditions and labor relations. Accordingly, this Decree provides for the time limit for notification before unilateral termination of labor contracts for The enterprise’s executive. According to the provisions of this Decree, The enterprise’s executive (as stipulated in the Enterprise Law) […]