Business separation consulting

Enterprise separation, enterprise separation service, enterprise separation consulting

YouMe Law Firm provides legal services with the goal of: Supporting customers in building, managing and operating enterprises effectively, in accordance with the provisions of law; saving time, costs, minimizing risks and legal problems for customers.

According to the provisions of law, limited liability companies and joint stock companies can be divided into a number of companies of the same type. With experience in the process of operation, our company is committed to consulting and supporting the most optimal legal services on the issue of enterprise separation for customers.

The procedure for dividing a limited liability company or joint stock company is stipulated as follows:

  1. The Board of Members, the owner of the company or the General Meeting of Shareholders of the divided company approves the decision to divide the company according to the provisions of this Law and the Company Charter. The decision to divide the company must include the main contents of the name and head office address of the divided company; the names of the companies to be established; the principles and procedures for dividing the company's assets; the plan for using labor; the time limit and procedures for converting the capital contributions, shares, and bonds of the divided company to the newly established companies; the principles for resolving the obligations of the divided company; and the time limit for implementing the division of the company. The decision to divide the company must be sent to all creditors and notified to employees within fifteen days from the date of passing the decision;
  2. The members, company owners or shareholders of the newly established companies, through the Charter, elect or appoint the Chairman of the Board of Members, Chairman of the company, Board of Directors, Director or General Director and proceed with business registration in accordance with the provisions of this Law. In this case, the business registration dossier must be accompanied by the decision to divide the company as prescribed in Point a of this Clause.
  3. The divided company ceases to exist after the new companies are registered. The new companies must jointly be responsible for the unpaid debts, labor contracts and other property obligations of the divided company or agree with creditors, customers and employees for one of those companies to perform these obligations.

Services provided by YouMe Law Firm: 

  1. Consulting on solutions and tasks that businesses need to do before dividing the company;
  2. Drafting and consulting on detailed documents to carry out the division of the company;
  3. Authorized representative of the company to carry out the procedures for dividing the company, registering the business and other legal procedures for the divided companies at the Business Registration Office - Department of Planning & Investment - a competent State agency;
  4. Consulting and providing legal support for the divided companies 2 years after their establishment.
     

In case you need support from YouMe Law Firm, please contact:
YouMe Law Firm
Address: Phuong Dong Building, No. 33 Giang Van Minh, Kim Ma Ward, Ba Dinh District, Hanoi
Hotline: 0966770000
Email: info@youmevietnam.com