1. State-owned enterprises
In Clause 11 of Article 4 and Article 88, State-owned enterprises shall be limited liability companies or joint stock companies, including:
2. Organizations and individuals do not have the right to establish and manage enterprises in Vietnam
In Clause 2 Article 17 adds a number of cases where the subjects do not have the rights to establish and manage enterprises in Vietnam, such as:
3. Enterprise registration method and the enterprise’s seals
In Clause 1 Article 26, in addition to the form of direct registration at the business registration office, two additional new enterprise registration methods are:
In Article 43, The seal includes the seal made at the stamp engraved establishment or the seal in the form of digital signature according to the provisions of the law on electronic transactions.
Eliminate the regulation on notifying the seal sample to the business registration office. Moreover, no longer provides for the notification of the enterprise's seal sample to the business registration authority for public posting on the National Business Registration Portal after being granted a Certificate of Business registration.
4. Organizational structure of a single-member limited liability company owned by an state-owned enterprise and Board of controllers.
In Clause 2 Article 79, the company’s owner is a state-owned enterprise, a Board of Controllers shall be established.
The state ownership representative body shall decide the establishment of a Board of Controllers, which has 01 – 05 Controllers including a Chief Controller. In case the Board of Controllers has only 01 Controller, he/she shall be the Chief Controller and has to satisfy corresponding requirements. An individual may concurrently hold the position of Chief Controller or Controller of up to 04 state-owned enterprises.
5. Household businesses
Household businesses do not operate under Law on Enterprises