When the business is no longer efficient or facing difficulties, the enterprise can choose to proceed with the dissolution of the enterprise. Dissolution is the permanent cessation of business activities.
The enterprise may dissolve voluntarily or have its Certificate of Business Registration revoked or by decision of the Court.
Currently, many enterprises still do not understand the procedures for dissolution of enterprises, so they are still confused in choosing the right method for them.
Cases of the enterprise dissolution
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The operating period specified in the company's charter expires without an extension decision.
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The enterprise is dissolved under a resolution or decision of the owner (for sole proprietorships), the Board of Partners (for partnerships), the Board of Members and the owner (for limited liability companies) or the GMS (for joint stock companies).
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The enterprise fails to maintain the adequate number of members prescribed in this Law for 06 consecutive months without converting into another type of business.
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The Certificate of Enterprise Registration is revoked, unless otherwise prescribed by the Law on Tax administration.
Conditions for the dissolution of enterprises
An enterprise may only be dissolved when:
An enterprise’s debts shall be paid in the following order of priority:
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Unpaid salaries, severance pay, social insurance, health insurance, unemployment insurance premiums and other benefits of employees under the collective bargaining agreement and concluded employment contracts.
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Tax debts.
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Other debts.
After the dissolution costs and debts have been fully paid, the remainder shall be divided among the owner, members/partners, shareholders in proportion to their stakes/shares.
Legal basis
Consultation on Enterprise Dissolution that Siglaw provides:
“Customer satisfaction is Siglaw's measure of success. With us, every customer is a brand ambassador!”
Therefore, Siglaw takes care of each customer in the most thoughtful way, when using Enterprise Dissolution consultation, customers will receive most enthusiastic support as follows:
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Provide consultation on the preparation of necessary documents and information and fill the entire application for enterprise dissolution.
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Answer and provide consultation on legal regulations related to the enterprise dissolution.
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Provide consultation to customers in completing all application documents for enterprise dissolution.
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Provide consultation to customers to complete all tax records to finalize taxes and submit reports for the final reporting period of the enterprise before dissolution.
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Guide customers on regulations on tax and license fees when dissolving the enterprise.
Service quality standards:
At Siglaw, with the slogan "Confidential - Responsible - Professional - Prestigious", we establish "Standards for providing services to customers" and all Siglaw's lawyers and experts always perform at the highest level:
1. High professional quality: Our legal services are always counseled and performed by lawyers and experts with deep professional knowledge and experience to ensure the consulting solutions are always accurate, comply with the law and bring high value to customers.
2. Confidentiality: Ensuring the security of customer information is, in any case, always one of our top priorities.
3. Punctuality: We guarantee to meet the requirements of the work deadlines. Accordingly, the work progress will always be closely followed and promptly informed to customers.
4. Quick response: Any exchange, contact or customer request will be responded to quickly, promptly or within 24 hours at the latest.
5. Integrity: We always maintain integrity in all cases, comply with regulations on professional ethics in all cases.
6. Professionalism: We bring professionalism in the deep legal knowledge of our team of Lawyers and Experts in any profession or field; professionalism in multilingual communication when customers always feel easy to exchange work with us in many different languages (Vietnamese, English, Chinese, Korean); professionalism in attitude and working style with customers.
7. Enthusiasm and friendliness: We are always ready to support our customers to the best of our ability and in any case. We ensure that our clients always feel comfortable and at ease with friendly communication with any Lawyer.
8. Simple and Convenient: We always strive to find ways to provide our services in a way that makes our customers feel as comfortable and convenient as possible.
9. Value added: In the process of providing services, we always try our best to provide consulting options/suggestions to help customers compare and choose the best and complete solution.
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