ANT Lawyers

Vietnam Law Firm with English Speaking Lawyers

ANT Lawyers

Vietnam Law Firm with English Speaking Lawyers

ANT Lawyers

Vietnam Law Firm with English Speaking Lawyers

ANT Lawyers

Vietnam Law Firm with English Speaking Lawyers

ANT Lawyers

Vietnam Law Firm with English Speaking Lawyers

Thứ Tư, 11 tháng 10, 2023

Reputable law firm in Vietnam

Reputable law firm in Vietnam

ANT Lawyers- A reputable law firm in Vietnam has English-speaking attorneys in Hanoi, Danang, and Ho Chi Minh City offices.

Reputable law firm in Vietnam

Our friendly, collegiate, and team-based working style is something we take great satisfaction in as a single, fully integrated, international partnership law practice in Vietnam.

We are a member of International Bar Association, Vietnam Bar Federation, Hanoi Bar Association.

ANT Lawyers is an Exclusive member in Vietnam of Prae Legal, a network of law firms with offices in 150 nations across 5 continents.

IFLR1000 assesses ANT Lawyers under Financial and Corporate. The boutique law practice specializes in corporate M&A and represents foreign clients and investors in a variety of domestic and international transactions, including joint ventures and restructuring.

We pride ourselves in our global recognition by the IFLR1000 on Financial and Corporate practice, our peers at Prae Legal's international standard, our local knowledge with our extensive network of Vietnamese authorities and local experts.

Our business approach is guided by customer needs and our goal of providing clients with high-quality legal assistance in a business environment.

Allow ANT Lawyers, a law firm in Vietnam assist you in conducting business in Vietnam.

Send us request via email at ant@antlawyers.vn or call us at +84 28 730 86 529 

Thứ Tư, 27 tháng 9, 2023

Rights and Obligations of Foreigners Owning Properties in Vietnam

The ownership of houses by foreigners in Vietnam has changed significantly toward more openness under the current Vietnamese law. However, home ownership of foreigners and Vietnamese residents are still different.

Rights and Obligations of Foreigners Owning Properties in Vietnam

Foreign ownership of a home is only permitted in commercial housing construction projects (i.e., newly formed residential areas) and not in an area designated for national defense and security. The foreigner only receives the value of the house in the event of a donation or inheritance of a house that is not subject to this above regulation.

The foreigners combined may not buy, rent and purchase, receive, inherit and own more than 30% of apartments in an apartment building;  or no more than 250 separate houses, including villas and row houses, in an area with a population that is comparable to that of a ward-administrative division.

In a space whose populace is identical to that of a ward, on the off chance that there is a business lodging development project available to be purchased or rent buy, the amount of confined houses that might be possessed by outsider is determined underneath: where the amount of separated places of a task is less than 2,500, outsider might take ownership of 10% of the places of such undertaking; where there is just a single venture whose amount of disconnected houses is comparable to 2,500 houses, outsiders might take ownership of 250 places of them; Foreigners may own up to 10% of the houses in each project if there are two or more projects and the total number of detached homes is less than 2,500. In case a house is donated or inherited in excess of the number of houses under this regulation, only the value of that house is entitled.

The outsiders are qualified for the homeownership as concurred in settlements on lodging deal, rent buy, giving, or legacy for notmore than 50 years from the date of issuance of the Endorsement and have can be stretched out further as per the Public authority's guidelines in the event that the need emerges; The Certificate must specify the length of ownership of the house.

In the event that a foreign individual weds a Vietnamese resident or an abroad Vietnamese, he/she can possess a steady, long haul house and has similar rights as a Vietnamese citizen.

The foreign organization is eligible for homeownership in accordance with housing sale, lease purchase, gifting, or inheritance agreements for no more than the period stipulated in their Certificate of Investment—including extension period—and the period stipulated in that Certificate. The period of homeownership begins on the day the Organization is Given the Certificate and is stated in that Certificate.

Furthermore, foreign organizations and foreign individuals allowed to enter Vietnam have similar commitments as Vietnamese residents however should consent to the accompanying arrangements:

If the homeowner is a foreign individual, he/she is entitled to lease house for lawful purposes provided that he/she notifies the agency of district in charge of housing where the house is located of housing lease as prescribed in regulations of the Minister of Construction and pays taxes on housing lease as prescribed before leasing houses. In the event that a foreign individual gets married to a Vietnamese resident or an oversea Vietnamese, he/she fits the bill for steady and long haul homeownership and has all privileges of property holder similarly to Vietnamese residents.

If the homeowner is a foreign business, their house is only available to their employees; they can't use it for rent, offices, or anything else.

The above are arrangements on rights and commitments of foreign organizations and individuals while owning properties in Vietnam. For specific matters, please consult with real estate dispute lawyers in Vietnam for legitimate guidance for the property exchange from store understanding, house deals and buy arrangement, and enlistment of proprietorship with experts for authentication of land utilize right, or house owership declaration of to keep away from property questions in Vietnam, where the house possession, land use privileges are limited for outsiders. 

Thứ Tư, 20 tháng 9, 2023

Company formation in Vietnam- How to proceed?

 Company Formation in Vietnam?

Foreign investors may put resources into the type of 100 % funding to set up company  in Vietnam, being joint stock company, limited liability company, partnership company. In recent years, the openness policy of the Vietnamese government has made company formation in Vietnam easier.

Vietnam company formation

To receive investment registration certificates, first-time foreign investors in Vietnam must have investment projects and complete investment registration or examination procedures at state investment agencies.

Business registration certificates shall concurrently be investment certificates. Company with 100% foreign capital has established and operated from the date of issuance of the business registration certificates

Vietnam company formation dossiers

-Registration/Request for issuance of Investment Certificate;

-A report on financial capability of the investor;

-Draft of the company’s charter;

-List of members of company;

-Copy of the people’s identity card, passport or other lawful personal certification, for individual members;

-Copy of the business registration certificate or establishment decision, or other equivalent document, for member organizations;

-Copies of the people’s identity card, passport, the authorization document, or other lawful personal certification, for authorized representatives.

-Within three months of the date of submission of the business registration dossier, copies of the foreign member organizations' business registration certificates must be authenticated by the organizations' registered agencies;

-Written authorization of the investor in case investor is organization and valid copy of  the legitimate individual affirmation of the approved delegate. Documents in foreign languages must be converted into Vietnamese, authenticated and legalized;

-The Business Cooperation Contract (BCC) or the joint-venture contract

-Other documents required by Vietnam law

Vietnam company formation would take anywhere from 30 days. If the investment area is conditional or the State government must examine the investment project, additional time may be required.

Special licenses, minimum capital or other conditions might be required in certain investment projects.

How a law firm in Vietnam would help with company formation in Vietnam?

While the process of company formation in Vietnam is straight forward more often than not, there are numerous circumstances which it would be better that the client draws in a law firm in Vietnam to help with record planning, legitimate interpretation, legally approbation, and verification of utilization dossiers.

Thứ Tư, 16 tháng 8, 2023

Legal Guidelines in Buying Property for Foreigners in Vietnam

Legal Guidelines in Buying Property for Foreigners in Vietnam

Vietnam has improved as a spot for outsiders to visiting and remaining. Many picked Vietnam as home and they come to Ho Chi Minh City, Ha Noi, Da Nang, Phu Quoc, Nha Trang… to purchase genuine property for residing. Numerous outsiders think about looking for understanding and with the warning of their real estate dispute attorneys in Vietnam to buy the property under their name for wellbeing assurance. There are various outsiders look to help out nearby Vietnamese under speculation consent to put resources into properties. It has forever been recommended the purchaser or financial backer to get legitimate guidance from real estate lawyers and law firm in Vietnam prior to committing the speculation partially.


As per the Law on housing 2005, foreign organizations and individuals putting resources into development of houses available to be purchased and rent in Vietnam reserve the option to possess the houses in Vietnam. Nonetheless, as per the arrangements of the Law on housing 2014, the house proprietors extend and incorporate outsiders being financial backers fabricating the houses under financial backer activities, unfamiliar associations working in Vietnam and unfamiliar people being permitted to enter Vietnam under the arrangements of the Law on Entry, Exit, Transit and Residence of Foreigners; furthermore, are not qualified for conciliatory honors and resistances.

Under the arrangements of the Law on housing 2014, unfamiliar associations and people are permitted to possess lofts, individual houses (villas and townhouses) in business lodging projects. The all out number of unfamiliar people/associations possessed doesn't surpass 30% of a high rise or doesn't surpass 10% or 250 places of a lodging project. Unfamiliar people might claim houses for as long as 50 years and are permitted to reach out for close to 50 years. Unfamiliar associations own the houses as indicated by as far as possible on the Investment Registration Certificate and the expansion time frame. During the hour of claiming the houses, unfamiliar people are permitted to sublease, yet unfamiliar associations are not permitted to sublease the houses.

For foreign individuals/organizations, while purchasing the houses in Vietnam, it is important to have a very much drafted deal for buy and offer of the houses since all freedoms and commitments connected with the buy, deals and responsibility for are managed in the agreement. Consequently, the purchaser ought to consider the agreement cautiously, generally with the assistance of real estate dispute lawyers in Vietnam whom comprehend Vietnam regulations prior to marking, to safeguard their genuine privileges and interests.

The foreigner while trading the houses, particularly off-plan house, need to likewise focus on the guidelines on installment plan for the agreement. As per Article 57 of the Law on housing 2015, the installment in the buy, deals, rent deals of the off-plan land in Vietnam is completed in portions, and the initial time should not surpass 30% of the agreement esteem, the following times should be as per the development plan, in any case, not surpassing half of the agreement esteem when not gave over when the purchaser is an undertaking with unfamiliar venture, not surpassing 70% the worth of agreement, in the event that the purchaser is the outsider individual the installment isn't surpass half the worth of the agreement prior to surrendering the house to the purchaser. Until the purchaser is given with an endorsement of land utilize right, responsibility for and different resources joined to the land, the purchaser will pay something like 95% the worth of agreement.

Foreigners in Vietnam should be helped to be know all about the regulations connecting with the buy and offer of real estate to safeguard their authentic privileges and interests while taking part in exchanges in Vietnam. The foreigners actually must consider utilizing the administrations of real estate dispute law firm in Vietnam having some expertise in land to advise and help manage the transaction. 

Chủ Nhật, 30 tháng 7, 2023

Signing Deposit Contract in Sales and Purchase of Property

Signing Deposit Contract in Sales and Purchase of Property

Because of the significant potential profits it could bring from the real estate transaction business, investing in real estate in Vietnam attracts a lot of attention from individuals and organizations. How real estate dispute lawyers in Vietnam could help and make the transaction more secured?

Signing Deposit Contract in Sales and Purchase of Property

High profits often come with high risks

However, there is a saying that never goes wrong: Many investors would need to be aware that high profits frequently come with high risks. When it comes to real estate transactions, investors and buyers have lost a lot of money and lost valuable time as a result of long-term disputes and a lack of comprehension of the law's provisions and legal issues. Negligently signing contracts and agreements can increase disputes between buyers and sellers, but this risk can be mitigated with the assistance of dispute lawyers in Vietnam.

Advice from real estate dispute lawyers in Vietnam: sign deposit  when buying or selling property

A deposit is a guarantee for the sellers and buyers that the property sales and purchase transaction will be carried out according to the terms of the agreement before buying and selling a house.

In order to guarantee that the official real estate purchase and sale contract will be carried out in a reliable manner in the future, the seller and the buyer will sign a deposit contract at that time. In order to guarantee that the seller will not sell the property to another third party, the buyer (the deposit party) must use this form to make a cash deposit to the seller (the deposit recipient). At the end of the deposit period, the parties will sign a real estate purchase and sale contract.

Matters to concern when signing the contract that need the help from conveyance lawyers in Vietnam

When making a deposit transaction with the seller, it is necessary to take into consideration the following issues in order to minimize risks and maximize buyer interest protection:

Firstly

It is necessary to identify the individual or co-owner of the real estate. In order to avoid the possibility of the deposit contract being void, the owner of the real estate must be a person who has full civil act capacity when conducting transactions.

Secondly

The buyer must check the land's legal papers to make sure it can be transferred legally. These conditions are as follows: i) Possessing the certificate of right to use the land; ( ii) There are no disputes on the land; iii) the land use rights are not restricted in order to enforce a judgment; ( iv) falling under the category of land use.

To check and ensure that the land is fully eligible for the transfer of land use rights, the buyer should specifically request that the seller provide the original or a certified true copy of the certificate of land use rights, ownership of houses, and other assets attached to the land, as well as some pertinent information confirmed by a competent state agency.

In fact, even though the buyer has been given the aforementioned documents to check, there is still a chance that the seller will commit fraud in order to take the buyer's property if they knowingly provide fake documents. These are cases that have criminal characteristics and are frequently the result of organized, fraudulent organizations attempting to acquire substantial property values from a large number of people.

The buyer can determine the amount of the deposit based on the level of risk they are willing to take in the event that information about the land has not been verified by the appropriate authority by reviewing the land's legal documents. Naturally, this amount is subject to negotiation with the seller and must be agreed upon by both parties.

Thirdly

The deposit contract contains a number of specifics that the parties must keep in mind. Terms of the deposit penalty, the parties' rights and responsibilities, and the amount to be paid for notarizing the sales and purchase contract are all agreed upon by the parties.

At the point when the gatherings sign this agreement (in the severe legitimate term, it is an agreement for the exchange of land use privileges, responsibility for, and different resources connected to the land), they should bear expenses recommended by regulation, including legally approbation charge, enrollment expense, individual personal duty, other state charges caused during the time spent moving the name of the declaration of land utilize right, possession own homes and different resources joined to the land.

Consequently, the parties should specify, in accordance with the agreement, which party will bear these fees in the deposit contract. A fee for notarizing this contract will be incurred if the parties agree that the deposit contract must be notarized. Based on the deposit contract's value, this fee is listed in each notary office's notarization fee schedule. The deposit contract also specifies that the term of the deposit must be within a time frame that is appropriate to the actual circumstance. This guarantees that when the deposit period ends, the parties will sign a contract for the sale and purchase of the house.

Fourthly

The deposit contract is written according to the parties' agreement in terms of form. When buying or selling a house in Vietnam, the current law does not require the deposit contract to be notarized and authenticated. However, if the house has a high value, the parties may want to consider notarizing the deposit contract at the notary office where the land is located in accordance with legal requirements to ensure its legality and to avoid future conflicts and dangers.

To ensure efficiency when signing documents related to property transactions, buyers and sellers can seek legal advice from experts and real estate dispute lawyers in Vietnam for specific details. 

Chủ Nhật, 23 tháng 7, 2023

How Foreigners Can Easily Own a House in Vietnam?

 How Foreigners Can Easily Own a House in Vietnam?

Because making an overseas property investment is a significant decision, it is recommended that the investors consult with real estate dispute lawyers in Vietnam for assistance in determining the developer's eligibility, construction permits, and other project-related legal documents. To ensure the protection of rights, reduce risks, and ensure compliance, it is essential to review the transaction documents in relation to the deposit agreement, sales agreement, and any other agreements the developer might propose.

How Foreigners Can Easily Own a House in Vietnam?

On November 25th, 2014, the National Assembly of the Socialist Republic of Vietnam has approved the Housing Act 2014. The fact that a foreigner can buy a house in Vietnam is one of the most notable new changes.

Houses can be owned by foreign organizations and individuals in Vietnam:

-Overseas organizations and individuals putting resources into lodging development under projects in Vietnam as per the arrangements of the Housing Law and related authoritative archives;

-In Vietnam, businesses with foreign investment capital are operating, as are foreign investment funds, foreign bank branches, branch or representative offices of foreign businesses, and foreign investment funds.

-Foreign citizens are allowed to enter Vietnam.

What are forms of ownership housing foreigner in Vietnam?

-investment in the construction of housing in Vietnam as part of the project, in accordance with the Housing Law and related legislation;

-Apartments and single-family homes are included in the investment projects of housing construction. Commercial housing can be purchased, leased, donated, or passed down. (With the exception of housing projects aimed at safeguarding Vietnam's national defense and security, as mandated by the Government of Vietnam).

What are conditions, rights and obligations of foreigner when buy house in Vietnam?

For people or associations putting resources into lodging development under a project in Vietnam while seeking to possess houses in Vietnam they should fulfill the accompanying circumstances:

-Have an investment certificate

- Have housing developments constructed within the project in accordance with housing law.

When looking to buy a house in Vietnam, foreign businesses with foreign investment capital, branch or representative offices of foreign businesses, foreign investment funds, and foreign bank branches must meet the following conditions:

-Have investment certificates or documents relating with the license to operate in Vietnam gave by the skillful State offices of Vietnam.

Foreign individuals buying a house in Vietnam

-Allowed entry into Vietnam, but do not entitled to diplomatic and consular privileges and immunity.

Foreign businesses with foreign investment capital, branch or representative offices of foreign businesses, foreign investment funds, and foreign bank branches in Vietnam, as well as individual foreign buyers of homes in Vietnam, are eligible to own homes in Vietnam when:

-Rent, buy, donate, inherit, or own no more than 30% of an apartment building's units; Foreigners are not permitted to buy, lease, donate, inherit, or own more than two hundred fifty individual houses, including villas and semi-detached houses, in areas with a population equivalent to that of ward-level administrative;

-In accordance with the terms of the contract of sale, lease, donation, or inheritance, foreign individuals are entitled to own a home for a maximum of 50 years from the date of issuance of the certificate of ownership, which may be extended as required by the government. The certificate must also specify the period of ownership of the property;

-In the case of foreign individuals married to a citizen of Vietnam or hitched to a Vietnam resident got an outside country, they can possess the houses for a long and stable term. Additionally, like Vietnamese citizens, they enjoy owner rights;

Foreign organizations shall have the right to own a house in accordance with the contract of sale, lease, donation, or inheritance, but not longer than the period outlined in the certificate of ownership, which may include an extended period. The time it takes to own a house starts on the date the certificate of ownership is received and is listed on the certificate.

Chủ Nhật, 16 tháng 7, 2023

Adding Foreign Subjects may Own Resident Houses in Vietnam

 Adding Foreign Subjects may Own Resident Houses in Vietnam

Residents and investors alike have been paying close attention to The Draft Law on House (amended). One of the most significant changes is a provision about foreign companies and individuals to own their own houses in Vietnam.

Adding Foreign Subjects may Own Resident Houses in Vietnam

In accordance with The Draft Law on House's Articles 161, 162, and 163, there are three scenarios in which foreigners may own Vietnamese residences:

-Foreign organizations, individuals contribute the build inhabitant houses as indicated by projects available to be purchased, rent, employ buy deal.

-Commercial properties in projects of resident house development, new urban areas, and tourism real estate may be purchased, donated, or inherited by foreign-owned enterprises, branches, representative offices of enterprises without a real estate business, foreign investment funds, and branches of foreign banks permitted to operate in Vietnam.

-Individuals from other countries who are permitted to enter Vietnam and do not enjoy diplomatic or consular immunity or incentive rights

However, subjects in Sections 2 and 3 are eligible to own houses for a maximum of 70 years from the date of issuance, subject to current laws. They are not permitted to acquire social housing; they are only permitted to acquire commercial houses. Additionally, they are eligible to acquire an unlimited number of commercial residences in tourism, new urban area, and commercial resident house development projects. Foreigners, in particular, are permitted entry into Vietnam and are permitted to purchase and own residential properties there.

When the amended Law on House is adopted, it is anticipated that real estate in Vietnam will make a big change significantly.

There are many situation that dispute could arise in a real estate transaction to own Resident Houses in Vietnam. It is important to engage law firm in Vietnam specializing in real estate transaction for buying  property in Vietnam to avoid potential disputes and protect their best interest for  safeguard investment for buyer. When encountering dispute, the buyer  need to engage real estate dispute lawyers in Vietnam to handle dispute resolution.

Thứ Tư, 12 tháng 7, 2023

How to get an apartment in Vietnam

 How to get an apartment in Vietnam?

Vietnam's real estate market, including apartment, has stabilized following the most difficult period. However, it needs to make a lot of changes to the laws in order to meet the 90 million people's demand for housing. Real estate dispute lawyers in Vietnam will update the proposal of an expert in issue of definite ownership apartment.


As in many other nations, such as England, the right to own a home lasts 999 years, but in Vietnam, the government has only given out two types of land: permanent assignment and definite assignment.

When the first method was used, permanent land assignments were made to residential land, and almost all apartments that came with the term "permanent" were bought on the market.

In the second, lands were allotted, and investors continued developing the projects within 50 years. This kind of project existed in some apartment buildings in Ha Noi and Ho Chi Minh City. After that, the investors went through the steps to change the apartment's definite ownership to permanent ownership. Thusly, really, the cost of apartment will decrease if the form of definite ownership is applied.

Regulating the apartment's definite ownership for 50 to 70 years will benefit reconstruction and improvement in the event of depreciation or usage expiration.

It is important to engage reliable law firm in Vietnam specializing in real estate transaction for buying an apartment in Vietnam to avoid potential disputes and protect their best interest for seller and safeguard investment for buyer.

Thứ Hai, 3 tháng 7, 2023

How does the Vietnam Labor Code regulate probation?

 How does the Vietnam Labor Code regulate probation?

Probation is an understanding between a representative and a business on a trial work in a specific timeframe as per the arrangements of regulation. Both the employer and the employee should go through a trial period before signing a labor contract to see if they can work together in the long run. The Labor Code and other relevant guidelines should be followed during the probation. The Labor Code 2019 comes into force as of January first, 2020, various new guidelines as needs be are given in association with the probation, which each organization ought to  review the matter with its labour dispute lawyers in Vietnam for compliance.

How does the Vietnam Labor Code regulate probation?

This contract does not apply to employment for less than one month, regardless of the circumstances under which it may be entered into. The probationary clause is not required to be included in the labor contract by the 2012 Labor Code. As a result, an employer and employee may negotiate the probation, as well as their respective rights and responsibilities during the probation period. If the parties are in agreement about the probation, they can sign a probation contract. On the off chance that the probation work meets the necessities, the business will finish up a work contract with the representative. It is clear from these provisions that a separate probationary contract between the employer and employee is required.

When the probation period is over and the employee satisfies the employer's recruitment requirements, the labor contract should be signed. As per the most recent arrangements in the Labor Code 2019, the business and the representative might settle on the probation expressed in the work contract or a different trial contract. If the labor contract includes a probationary period, the employer is obligated to continue carrying out the current agreement once the employee has met all of the requirements. In that case, a new labor contract must be signed.

Based on the nature and complexity of the job, the Labor Code decided how long the probation period had to be. For positions requiring a college degree or higher, the probationary period was previously limited to no more than 60 days. Currently, executives can extend their probationary period by up to 180 days. The owner of a sole proprietorship, the partner of a partnership company, the chairperson or member of the Board of Members, the President of a company, the President or member of the Board of Directors, the Director/General Director, or the holder of another managerial position prescribed in the company's charter (applicable to the enterprise without state capital) are examples of executives who play a significant part in the business and operation of the businesses.

The Labor Code 2019 made another change to the cancellation of probationary contracts, removing the restriction on the right to cancel. Consequently, during the probationary period, either party may terminate the labor contract or probationary contract without penalty or prior notice. On the other hand, if the probationary job does not meet the requirements that the employer and employee have agreed upon under the Labor Code 2012, the probation may be terminated.

The primary purpose of probationary periods is to determine whether an employee and employer are compatible at the outset of an employment relationship. To avoid a potential dispute in Vietnam, businesses as employers must have a clear understanding of the principles of entering into a labor contract and a probationary contract.

ANT Lawyers is an international law firm in Vietnam with English speaking lawyers, located in the business centers of Hanoi, Danang and Ho Chi Minh City with international standards, recognized by IFLR1000. We are Vietnam exclusive member of Prae Legal, an international law firm network, providing full ranges of legal services.

Thứ Năm, 29 tháng 6, 2023

Forms of Setting up company in Vietnam

 Forms of Setting up company in Vietnam

According the Vietnam Law on Enterprises, there are four common types of companies:

-Private enterprise

-Partnership

-Joint stock company

-Limited liability company

Forms of Setting up company in Vietnam

-Private enterprise is a business run by a single person who is responsible for all of its operations and owns all of its assets;

-Partnership is an organization in which (i) at least two partners co-own the business and operate jointly under a single name; There may be limited partners in addition to general partners; ii) A partnership's general partners must be individuals who are fully responsible for the partnership's obligations with their entire property: iii) Limited partners are only responsible for the partnership's debts up to the amount of their capital contribution;

-Joint stock company is an enterprise where i) Its contract capital is partitioned into equivalent bits known as shares; ( ii) Shareholders may be individuals or organizations; the base number of investors will be three and will not be confined to a specific most extreme number; ( iii) Its shareholders are only responsible for the debts and other property obligations of the company up to the value of their capital contribution; ( iv) Shareholders will be free to transfer their shares in accordance with the law;

-Limited liability company (also known as a single-member or multi-member limited liability company). A one-member limited liability company is an enterprise which is owned by one organization or individual (hereinafter referred to as the company owner); Within the company's charter capital, the owner is responsible for the company's debts and other property obligations. A business is a limited liability company if: i) Members may be individuals or organizations; The number of members in total cannot be more than fifty; ( ii) Individuals are answerable for obligations and other property liabilities of the undertaking inside how much capital that they have resolved to add to the endeavor; ( iii) The members' capital shares can only be transferred in accordance with the law.

ANT Lawyers is a law firm in Vietnam with international standards, recognized by IFLR1000 on Financial and Corporate practice. The firm provides a wide range of legal services, including M&A, corporate establishment, business advisory, tax advisory, dispute resolution for multinational and domestic clients.

Chủ Nhật, 25 tháng 6, 2023

Real estate dispute lawyers in Vietnam discuss land disputes

 Real estate dispute lawyers in Vietnam discuss land disputes

In Vietnam, land disputes, real estate disputes, and property disputes are among the most complicated disputes that frequently arise in everyday life. Settling these sorts of debates could take time and the land question legal counselor in Vietnam could assist with distinguishing the underlying drivers and propose reasonable methodology for mollification and settlement.

Real estate dispute lawyer in Vietnam discuss land disputes

What types of land disputes in Vietnam?

Land, real estate, and property disputes typically involve high stakes and a wide range of topics, including disputes over land use rights, ownership of property tied to land use rights, rights to land use rights derived from inheritance, property division disputes during divorce, disputes over transfer and transformation transactions, leasing, subleasing, and mortgages tied to property or land use rights.

What are land disputes in Vietnam?

A land use right dispute is a disagreement between two or more parties in a land use right relationship regarding the rights and responsibilities of land users.

What should the parties do to resolve a dispute over land? There are two ways in which a land dispute can be resolved: in court or through settlement procedures at state administrative agencies.

Firstly, for some sort of land questions, placation strategy at commune-level People’s Committee of the locality a where the contested land is found is obligatory condition and method.

Specifically, on the off chance that placation by parties can't be accomplished, the gatherings might send a request for pacification to he commune-level People’s Committee of the locality where the contested land is found.

When a petition for resolving a land dispute is received by the commune-level People's Committees, the conciliation process must be completed within 45 days. Only when all of the disputing parties are present can the conciliation take place. On the off chance that any of the questioning gatherings is missing for the subsequent time, the appeasement will be viewed as ineffective.

The following two cases will be used to settle the land dispute in the event that conciliation at a commune-level People's Committee fails:

-The land, first and foremost, debate in which the party has an endorsement or any of the papers recommended in Article 100 of Land regulation and the disagreement regarding resources connected to land will be settled by People’s Court.

Second, in the case of a land dispute in which neither party possesses the aforementioned documents, the parties have a choice between the following two approaches to settlement: recording a composed solicitation for question settlement with a competent People’s Committee or documenting a claim with a competent People’s Court in accordance with the law on civil procedures.

In the second case, the chairperson of the competent People’s Committee is in charge of resolving disputes between households, individuals, and communities when the party chooses to settle at a competent People's Committee. In accordance with the law governing administrative procedures, the parties can either file a claim with the chairperson of the provincial-level People's Committee or sue in a People's Court if they are dissatisfied with the settlement decision.

In the event that one party is an association, a strict establishment, an abroad Vietnamese or an unfamiliar contributed undertaking, the executive of the common level People’s Committee is liable for the settlement. In accordance with the law governing administrative procedures, the parties have the right to file a claim with the Minister of Natural Resources and Environment or a lawsuit with a People's Court if they are dissatisfied with the settlement decision.

It ought to be noticed that the lawfully compelling choice on question settlement should be completely maintained the gatherings. Assuming the gatherings neglect to go along, the choice will be authorized.

The following grounds shall be the basis for the settlement of land disputes in which the disputing parties do not possess a certificate or any of the documents required by the Land Law or the Decree detailing a number of articles of the Land Law:

-The disputing parties' evidence regarding the land's origin and use process;

-Actual land areas that are currently occupied by the parties in addition to the land area that is in dispute and the average land area that is shared by each household in the area;

-Conformity of the disputed land's current use status with land use plans that have been approved by competent state agencies;

-Particular treatment arrangements toward people with worthy administrations to the State; Land use rights recognition, lease, and allocation regulations.

How real estate dispute lawyers in Vietnam could help?

The people of Vietnam do not own  land. Land use rights can only be purchased and sold. As previously stated, the complexity of Vietnam's land law and related regulations, as well as the country's long-standing culture of land use, could complicate disputes involving real estate, land, and property.

A mandatory condition and procedure for some kinds of land disputes is that they must be resolved at the commune-level People's Committee of the locality where the disputed land is located. The parties to other kinds of property and real estate disputes could immediately file a claim with the court. It might be difficult to differentiate between dispute resolution methods. In order to avoid or resolve a dispute, it is recommended to consult a real estate dispute lawyer in Vietnam for early guidance and representation.