WHAT IS THE MINIMUM CONSECUTIVE PROFITABLE YEAR REQUIREMENT FOR A
JOINT-STOCK COMPANY TO QUALIFY FOR AN INITIAL PUBLIC OFFERING?
The offering of shares for the first time to the public by a joint stock company is regulated in
the Securities Law 2019 to ensure transparency and efficiency in the stock market. In order
to offer shares for the first time to the public, a joint stock company must meet various
conditions related to business operations, charter capital, shareholder structure, as well as
comply with other specific legal requirements.
IN 2024, WILL FAILING TO REPAY AN ONLINE LOAN RESULT IN BAD DEBT?
According to Circular 31/2024/TT-NHNN, the classification of loans plays a crucial role in risk
management and assessing the financial situation of customers. Specifically, for those who
borrow through financial or banking applications, failure to repay the loan will result in it being
classified as bad debt.
50% REDUCTION IN REGISTRATION FEES FOR DOMESTICALLY MANUFACTURED
AND ASSEMBLED CARS FROM SEPTEMBER 1, 2024?
Decree 109/2024/ND-CP, effective from September 1, 2024, stipulates the registration fee for
automobiles, trailers or semi-trailers.
RESPONSIBILITIES OF THE PARENT COMPANY FROM SEPTEMBER 1ST, 2024
On July 16, 2024, the Government issued Decree 89/2024/ND-CP, effective from September
1, 2024, which details the responsibilities of the parent company.
WHAT IS THE STRUCTURE AND TERM OF THE MANAGEMENT COUNCIL IN THE
CONSTRUCTION SECTOR FROM SEPTEMBER 9, 2024?
On July 24, 2024, the Ministry of Construction issued Circular 03/2024/TT-BXD 2024
providing guidance on management councils and standards and conditions for appointment
and dismissal of management council members in the unit. Public service in the construction
sector will take effect from September 9, 2024.
We are always ready to be a companion, dedicated and a solid legal title for our customers.
Wish you good health and prosperity development!
Source: TLK LAW FIRM