Decree No. 28/2014/ND-CP announcing the Enterprise Law, which was passed by the National Assembly on November 26, 2014. This Law stipulates the organization and operation of enterprises.
Scope of application
Enterprise
Key points
- Enterprise → must comply with the conditions for establishment and registration as prescribed in Article 12 and Article 13 of the Enterprise Law.
- Enterprise → has the right to freely conduct business within the scope of conditional or unconditional business fields as provided for in Article 45 of the Enterprise Law.
- Enterprise → must fulfill tax and fee obligations as prescribed in Article 102 of the Enterprise Law.
- Enterprise → has the right to transfer capital contributions, shares, or assets as prescribed in Article 83 of the Enterprise Law.
- Enterprise → has the responsibility to protect the environment and perform other obligations as prescribed in Article 105 of the Enterprise Law.
🌐 Social impact of this document
- Positive: Creating favorable conditions for business activities, promoting economic development.
- Negative: May cause difficulties in administrative procedures and initial costs for newly established enterprises.
❓ Frequently asked questions
What conditions must an enterprise meet to be established?
According to Article 12 of the Enterprise Law, enterprises must meet the legal capital requirements, business fields, organizational structure, and operational conditions.
Within what scope does an enterprise have the right to freely conduct business?
According to Article 45 of the Enterprise Law, enterprises have the right to freely conduct business within the scope of unconditional business fields or those that have been granted permits as prescribed.
How must enterprises fulfill their tax obligations?
According to Article 102 of the Enterprise Law, enterprises must pay taxes and fees in accordance with the laws on taxation.
Does an enterprise have the right to transfer capital contributions or shares?
According to Article 83 of the Enterprise Law, enterprises are permitted to transfer capital contributions or shares in accordance with the law.
What environmental protection obligations must enterprises fulfill?
According to Article 105 of the Enterprise Law, enterprises have the responsibility to protect the environment and implement preventive measures against pollution.
Full text
|
PRESIDENT OF THE STATE |
|
|
Number: 28/2014/L-CTN |
Hanoi, December 8, 2014 |
ORDER
Regarding the promulgation of the Law
____________
CHAIRMAN
SOCIALIST REPUBLIC OF VIET NAM
On the basis of Article 88 and Article 91 of the Constitution of the Socialist Republic of Vietnam;
Pursuant to Article 91 of the Law on the Organization of the National Assembly;
Pursuant to Article 57 of the Law on the Issuance of Legal Normative Documents,
NOW PROMULGATE
pursuant to the Enterprise Law
Passed by the National Assembly of the Socialist Republic of Vietnam, XIIIth session, eighth meeting, on November 26, 2014./.
| CHAIRMAN SOCIALIST REPUBLIC OF VIET NAM Truong Tan Sang |
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