Dissolution - Bankruptcy
Bankruptcy Process of Foreign Companies in Vietnam

Bankruptcy Process of Foreign Companies in Vietnam

Update: 23/2/2017 | 10:38:59 AM - Dragon Law Firm

Law firm in Hanoi with best legal services would like to support local and foreign Clients.

Dragon Law, legal office in Vietnam, provides some provisions on bankruptcy process relating ti foreign companies in Vietnam.

Dragon Law_foreign bankruptcy services

Under Law on Bankruptcy 2014:

Article 116. Foreigners involved in bankruptcy process:

Any foreigner involved in the bankruptcy process must comply with the regulations of the Law on Bankruptcy of Vietnam.

Article 117. Judicial delegation of Vietnam People’s Court to foreign competent authorities:

1. The People’s Court shall implement the judicial delegation according to the judicial assistance treaty to which the Socialist Republic of Vietnam is a State Party or the principle of reciprocity during any bankruptcy settlement involving foreign entities.

2. The procedures for the judicial delegation must comply with the regulations of the law on civil procedure and the law on judicial assistance.

Article 118. Procedures for recognition and authorization to implement Decisions on bankruptcy settlement of foreign Courts:

The recognition and authorization to implement the Decisions on bankruptcy settlement must comply with the regulations on the judicial assistance treaty to which the Socialist Republic of Vietnam is a State Party and other regulations of the law on judicial assistance.

Any questions about foreign investment companies in Vietnam, please feel free contact to legal firm in Hanoi, Dragon Law, for more support.

 

---------------------------------------------

Dragon Law Firm - Hotline: 1900.599.979

Website: www.vanphongluatsu.com.vn - www.dragonlaw.vn

Email: dragonlawfirm@gmail.com

Facebook: https://www.facebook.com/vanphongluatsudragon

Hanoi Headquarter: FL14.6, VIMECO Bldg, Lot E9, Pham Hung Str., Trung Hoa Ward, Cau Giay Dist., Hanoi

Hai Phong Office: FL4.6, Khanh Hoi Bldg, Lot 2/3C, Le Hong Phong Str., Ngo Quyen Dist., Hai Phong


Other News

M&A company in Vietnam with Best Legal Services

M&A company in Vietnam with Best Legal Services

The increasing globalisation of competition, the rise of emerging markets, are some of the many factors that have led to an increase in strategic transactional activity including acquisitions, mergers, strategic alliances, restructurings.

New Foreign Investment Registration in Vietnam

New Foreign Investment Registration in Vietnam

Most of foreign investors intend to invest in Vietnam for the first time will be reluctant about local investment registration procedures. Should Customers have any inquiry about the investment registration process, Dragon Law will advice in line with the provisions of Vietnamese laws and regulations.

Dissolution Procedure to Foreign Companies in Vietnam

Dissolution Procedure to Foreign Companies in Vietnam

Clients can consider about the procedure which they have to deal with the competent agencies in Vietnam such as business registration office, tax office, labor office …

Best Law Firm in Hanoi with Acquisition Services

Best Law Firm in Hanoi with Acquisition Services

Acquisition will be different belong to business entity of acquiring companies and acquired company and their characteristic such as: labor, assets.... Best law firm in Vietnam will provide to clients some procedures when taking the acquisitions.

Change of investment registration certificate

Change of investment registration certificate

With the development of the economy, lawyers who are special in Enterprises have become necessary with every company in the process of its operation. Good Law Firm in Hanoi, Dragon Law Firm - with a lot of excellent lawyers, is pleased to bring to you the best quality of service of changing the investment registration certificate.

Best Law Firm in Hanoi in Company Acquisition Procedures

Best Law Firm in Hanoi in Company Acquisition Procedures

When an investor or an organization or an individual buys a company, they should consult with a lawyer to ensure the proper legal process. Contact to Dragon Law at 1900.599.979 for more advice.

Company Debt When Bankruptcy ???

Company Debt When Bankruptcy ???

Best law firm in handling with debt recovery when Clients fall into dissolution or bankruptcy would like to offer Clients the advice for the financial obligations in case of bankruptcy.

Overview of Joint Venture Enterprise

Overview of Joint Venture Enterprise

Joint venture is a form really brings many advantages for Vietnamese and foreign investors. Dragon Law Firm with reputable lawyers shall support with overview information of joint venture enterprise.

Who Can Submit for Bankruptcy???

Who Can Submit for Bankruptcy???

Prestigious law firm in Vietnam in investment consultation, Dragon Law is always available to support any problem relating to dissolution or bankruptcy of the companies.

Lawyers in Investment Dispute Resolution through Arbitration

Lawyers in Investment Dispute Resolution through Arbitration

With high experience in investment dispute resolution, famous law firm in Hanoi, Dragon Law will bring the best legal advice in investment for clients.

Back To Top