As prescribed in Law on Enterprises 2005, the legal representative (Legal Rep) of an enterprise may possibly be Chairman of the Management Board of joint stock company, Chairman of the Members' Council, or Chairman of company of limited liability company, or Director, General Director thereof.
At present, regulations on the termination of investment project and revocation of Investment Certificate have been covered and governed by the Investment Law 2014 and Decree 118/2015/ND-CP (“Decree 118”) superseding Investment Law 2005 and Decree 108/2006/ND-CP (“Decree 108”).
The new regulations regarding goods purchase & sale activities and goods purchase and sale related activities of foreign-invested enterprises in Vietnam
On 15 January, the Government promulgated Decree 09/2018/ND-CP detailing Commerce Law and Law on Foreign Trade Management on goods purchase and sale activities and goods purchase & sale related activities of foreign-invested enterprise, foreign-invested business organizations in Vietnam (“Decree 09”) to replace Decree 23/2007/ND-CP (“Decree 23”).
New regulations on sanctions for administrative violations in the field of construction investment and real estate
On November 27th, 2017, Decree 139/2017/ND-CP was issued providing sanctions for administrative violations in construction investment activities; extraction, processing and trading of minerals used as building materials, production and trading of construction materials; management of technical infrastructure works; trading in real estate, housing development, management and
At present, regulations on the expatriate employees working in Vietnam have been sufficiently covered and governed by the Labor Code and the guiding legal documents thereof. Accordingly, the expatriate employees moving to Vietnam for employment are only allowed under one of the forms provided in Article
On September 14th, 2017, the Government issued Decree No.105/2017/NĐ-CP on alcohol trading (“Decree 105”) to replace Decree No.94/2012/NĐ-CP dated 12/11/2012. Decree 105 took effect on 01/11/2017. Accordingly, some new points which the alcohol traders should pay attention as follows: Sale of alcohol for on-premises consumption activity