Therefore, the change of legal representative of joint stock company needs to be registered with the competent authority in accordance with the order and procedures prescribed by the current Law on Enterprise.
The legal representative in multiple-member limited liability company is the person who operates daily business activities and is directly responsible for the company's business activities. In many actual cases, this…
Because the operational and management demands of the enterprise in each stage are different, the enterprise may need to change its legal representative. So how is the procedure on change of legal representative of multiple-member limited company?
Partnerships operate with a combination of the personal reputation and trust of many people with the unlimited joint liability regime of partnership members, suitable for businesses in fields with high demand for business owner reputation and small scale of operations. The order and procedures for establishment of partnerships can be learned in the article below.
Multi-member limited liability company is a popular choice for small and medium-sized businesses in Vietnam, because of its flexibility in management and limited responsibility of its members. So, how are the procedures for establishment of multi-member limited liability company?
conversion of limited liability company into joint stock company is quite popular with the purpose of attracting investment from variety of shareholders and expanding the operations scale