With the best lawyers in investment, one of prestigious law firm in Hanoi on foreign investment project in Vietnam will support to Clients the quality legal services.
Overview of Joint Venture Enterprise
Update: 26/12/2016 | 9:39:56 AM - Dragon Law Firm
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.
Joint venture is a form really brings many advantages for Vietnamese and foreign investors. Dragon Law Firm with high reputable lawyers shall support with overview information of joint venture enterprise.
Legal Capital
Legal capital of the joint venture enterprise must be at least 30% invested capital. For the investment project of infrastructure construction, projects in the province to encourage investment, reforestation projects, projects with a large scale, this ratio may be lower, but no less 20% invested capital and must be approved by investment license agency.
Capital contribution ratio of the party or parties of foreign joint venture will be agreed by the parties, but not less than 30% of legal capital of the joint venture enterprise.
Based on the field of business, technology, market, business efficiency and other economic - social benefits of projects, the investment licensing agencies may consider to allow foreign joint venture party have lower capital contribution ratio, but not less than 20% of legal capital.
Features of the joint venture enterprise are coordinated to contribute capital to invest in production and business of foreign investors and Vietnamese investors. The ratio of capital contribution of each party will decide to participate in the management level of the enterprise, enjoy the profit rate as well as risks.
Advantages
For Vietnamese investors, joining in joint venture enterprise, they not only share the profits in proportion of capital contribution, but also can access to the modern technology, advanced economic management skills. For the foreign party, the advantage is guaranteed a higher opportunity of success because the legal and business environment can be controlled by Vietnamese party.
Disadvantages
However, the form of joint venture enterprise also has the disadvantages. The tightly bound in a common legal entity between the parties completely different not only languages but also about traditions, customs, habits, business style, so it may arise conflicts is not easy to solve.
Having high experience in providing the legal solutions on foreign investment in Vietnam, Dragon Law will support to our Customers at the following contact:
---------------------------------------------
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
Headquarter: FL14.6, VIMECO Bldg, Lot E9, Pham Hung Str., Trung Hoa Ward, Cau Giay Dist., Hanoi
Office: FL4.6, Khanh Hoi Bldg, Lot 2/3C, Le Hong Phong Str., Ngo Quyen Dist., Hai Phong
Other News
Representative Office of Foreign Company: 3 million VND Establishment Fee
3 million VND fee to be paid by the foreign enterprises when they intend to establish a representative office in Vietnam.
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.
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.
M&A Transaction Services
M&As are exploding in numbers worldwide. Unfortunately, many transactions fail to generate expected value or return on investment due to poor due diligence, integration challenges and other unforeseen hurdles.
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.
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.
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.
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 ???
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.
.png)
