According to General Statistics Office of Vietnam, in the first 7 months of 2019, whole country had 79,300 newly registered enterprises, an increase of 4.6% compared to the similar period in 2018; the number of enterprises suspending business for a definite time was 23,100, increasing by 15.6% over the same period last year; the number of enterprises completing dissolution procedures was 9,300, an increase of 20% over the same period last year.
Thus, it can be realized that enterprises need to perform many legal procedures during the establishment and operation process. 2014 Law on Enterprise stipulates that: “Enterprises are free to do business that is not prohibited by law, and take self-responsibility for their activities before the law“. This is both convenient and challenging for businesses in the process of operation because the current system of Vietnam’s legal regulations is extremely numerous but not yet comprehensive.
Understanding these difficulties, Bizlawyer provides clients with comprehensive consulting services including:
– Consultancy on business establishment: Consultancy on selecting type of business, organizational structure, operational scale, fields of business and related issues in accordance with client’s business plan;
– Consultancy on activities of enterprises at post-establishment stage such as: change of operation scale, fields of business, operating areas, organizational structure…..or business restructuring activities (total division, partial division, consolidation, acquisition of an enterprise, or conversion of the type of business) in accordance with development of the enterprise;
– Consultancy on suspension or dissolution of enterprises, including: Consultancy on conditions, procedures and related legal issues that enterprises should pay attention to when suspending/ dissolving enterprises.