TRA CỨU CÔNG VIỆC PHÁP LÝ

Chọn loại hình doanh nghiệp và nhập từ khóa để tìm kiếm công việc pháp lý mà mình cần giải quyết:

One or some companies (hereinafter referred to as acquired companies) may be merged into another company (hereinafter referred to as the acquirer) by transferring all assets, legitimate rights, obligations, and interests to the acquirer. After that, the acquired companies shall cease to exist.

Relevant companies shall prepare the acquisition contract and draft the charter of the acquirer. The acquisition contract must contain the acquirer’s names, its headquarter addresses; the acquired company’s name and headquarter address; procedures and conditions for acquisition; employment plan; time limit and procedures for transferring assets, stakes, shares, bonds of the acquired companies to the acquirer; time limit for acquisition. Members, the owners, or shareholders of each of relevant companies shall ratify the acquisition contract and charter of the acquirer. The acquisition contract shall be sent to all creditors and notified to all employees within 15 days from the ratification date

Acquirers shall apply for registration, announce changes in business registration information after the acquisition and submit the copies of the following documents:

1. The acquisition contract;

2. The Resolutions that ratify the acquisition contract of the acquirer;

3. The meeting minutes that ratifies the acquisition contract of the acquirer;

4. Business registration certificates of acquirers and acquired companies;

Unless the acquirer is a member/partner or shareholder that holds more than 65% of charter capital or voting shares of the acquired company, the following documents shall be enclosed:

5. The Resolution that ratify the acquisition contract of the acquired companies;

6. The meeting minutes that ratifies the acquisition contract of the acquirer;

7. Authorization letter if the person who submits the application is not the legal representative. This document does not need to be notarized or certified.

In case the business registration information of the acquirer is not changed after acquisition, the acquirer shall send the notification of supplementing and updating on the business registration information (Appendix II-5 attached to the Circular No. 02/2019-TT-BKHDT) and copies of mentioned documents for the shutdown of acquired companies within 10 days from the day on which the acquisition is completed.

After business registration, the acquired company(ies) shall cease to exist; the acquirer shall inherit the lawful rights and interests as well as unpaid debts, employment contract, and other liabilities of the acquired company(ies).

Receiving authority: the Business Registration Office - Department of Planning and Investment where the acquirer’s headquarter is situated.

Processing time: Within 03 working days, after receiving the valid application

Notice:

If the acquirer has 30% - 50% of the market share after acquisition, legal representative(s) of the acquired company(ies) shall notify the competition authority before initiating the acquisition process. Acquisition is prohibited if the acquirer has more than 50% of the market share after acquisition, unless otherwise prescribed by the Law on Competition.

Căn cứ pháp lý:

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