Accoutant News

The company’s President shall be designated by the representative agency as prescribed by law

The company’s President shall be designated by the representative agency as prescribed by law 1. The company’s President shall be designated by the representative agency as prescribed by law. The term of office of the company’s President shall not exceed 05 years with a term limit of two terms. Standards, conditions of the company’s President, and cases in which the company’s President is dismissed, discharged from duty shall comply with Article 92 and Article 93 of this Law. 2. The company’s President shall exercise rights and obligations of the owner’sRead More

Chi tiết

Working conditions, requirements and methods for convening meetings of the Board of members

Article 97. Working conditions, requirements and methods for convening meetings of the Board of members 1. The Board of members shall work as a group; at least a meeting shallRead More

Chi tiết

Rights and obligations of other members of the Board of members

Article 95. Rights and obligations of other members of the Board of members 1. Attend meetings of the Board of members, discuss, make proposals, and vote on the issues withinRead More

Chi tiết

Discharge and dismissal of members of the Board of members

Article 93. Discharge and dismissal of members of the Board of members 1. The Chairperson and a member of the Board of members shall be discharged from his/her position ifRead More

Chi tiết

Regulations applied to state-owned companies

Article 88. Regulations applied to state-owned companies 1. State-owned company shall be organized and administered in accordance with this Chapter, corresponding regulations in Section 2 Chapter III, and other relevantRead More

Chi tiết

Wages, salaries, and other benefits of managers and Controllers

Article 84. Wages, salaries, and other benefits of managers and Controllers 1. Managers and Controllers shall receive wages, salaries, and other benefits according to the business outcome of the company.Read More

Chi tiết

The company’s owner shall decide the number of controllers

1. The company’s owner shall decide the number of controllers, designate controllers with terms of office not exceeding 05 years, and establishment of the Control Board. Controllers are legally responsibleRead More

Chi tiết

The company’s President

Article 80. The company’s President 1. The company’s President is designated by the owner. The company’s President, on behalf of the company’s owner, shall perform rights and obligations of theRead More

Chi tiết

Organizational structure of single-member limited liability company under the ownership of an organization

Article 78. Organizational structure of single-member limited liability company under the ownership of an organization 1. A single-member limited liability company under the ownership of an organization shall apply oneRead More

Chi tiết

Obligations of the company’s owner

Article 76. Obligations of the company’s owner 1. Contribute charter capital fully and punctually. 2. Adhere to the company’s charter. 3. Determine and separate assets of the owner and thoseRead More

Chi tiết