Banks raise deposit interest rates
In need of raising medium and long term capital, which serves business activities at the end of the year and reduction in the ratio ...
Franchise explosion in Vietnam
Franchise has facilitated many foreign brands to break into Vietnam. In addition to franchise industry for food, beverage or education, franchising in goods retail industry...
6 leading economic sectors in Central region
There are 6 coastal and marine economic sectors mainly developed in the Central region, which creating positives results ...
91.9% companies are optimistic about production activities in the last 6 months this year
FDI companies sector is witnessed a positive production volume, 91.1% of which are expected to increase or remain their volume ...
CPTPP makes shift of Vietnam from deficit to surplus
Most signed free trade agreements (FTA) have reflected that Vietnam always run deficit trend ...
- 05 / 10 / 2020 -
Private enterprise directly transformed into Joint Stock Company
On June 17, 2020, the National Assembly promulgated the Enterprise Law 2020
stipulating the establishment, management organization, reorganization, dissolution and
operation. related business, including limited liability companies, joint stock companies,
partnerships and private enterprises; regulations on group of companies.
Accordingly, the Enterprise Law 2020 allows a private enterprise to be directly converted
into a joint stock company under the decision of the owner of a private enterprise if the
following conditions are met:
- Business lines registered for business not banned from business investment; The name of
the business is set according to the regulations; Having valid business registration
documents; Pay the fee for enterprise registration in full in accordance with the law on fees
and charges; - The owner of a private enterprise commits in writing to personally responsible with all his
assets for all unpaid debts and undertakes to fully pay the debt when due; - The owner of the private enterprise has a written agreement with the parties to the
unliquidated contract that the converted company will receive and continue to perform
such contracts; - The owner of a private enterprise commits in writing or has a written agreement with other
capital contributors on the receipt and use of existing employees of the private enterprise.
The Enterprise Law 2020 takes effect from January 1, 2021.
