Foreign invested enterprises (FIEs) registered in Vietnam are required to submit reports on investment activities to the relevant investment registration authorities on periodic basis in accordance with the Law on Investment of Vietnam and other laws and regulations.
A foreign invested company shall be dissolved under the following circumstances:The operation period specified in the company's charter expires without a decision on extension;The dissolution is decided by the shareholders of the company;The company fails to maintain statutory minimum number of members for six consecutive months without conversion;
A company may undergo dissolution at the hands of the Registrar of the Companies Commission of Malaysia ("CCM") or its various stakeholders, which may include directors, shareholders, creditors, or liquidators. This dissolution can occur for a variety of prevalent reasons, such as lack of business activities
Companies in Malaysia conduct meetings to discuss and decide on matters that require a decision. The types of meetings that may be held by a company including general meeting, board meeting, creditors’ meeting, management meeting etc. Amongst all, the most commonly occurring meeting for a Malaysia company is the Board of Directors meeting.
In broad terms, Malaysian legislation typically does not impose restrictions on foreign ownership in the share capital of companies. However, in cases where specific licenses are necessary for operations, equity conditions or mandates for hiring a minimum number of local employees might be enforced. These measures are intended to enhance the participation of Bumiputera (Malaysians of Malay origin) in the broader economy.
The name of Thailand company must end with the word “Limited”. Also, it cannot be identical/similar to any company name that already registered with the Ministry of Commerce. In general, foreigner participation in Thailand company is allowed up to a maximum of 49% capital shares. Otherwise, it will be treated as foreign investment company that the business activities is greatly limited by The Foreign Business Act.
Company shares are a type of security that symbolizes the level of a shareholder’s ownership in a company. It is common for a company to issue various types of shares, each of which grants its holders certain types of rights. In Malaysian companies, the two most prevalent forms of shares issued to shareholders are ordinary shares and preference shares. Each type has its own set of features and privileges for the holders.
What are the general requirements for setting up a travel agency in Malaysia? What is the Travel & Tours Management Course (“TTMC”)? TTMC is a mandatory 2-days course for new travel and tour operators focusing on providing knowledge and skills related to the tourism and travel industry, including areas such as tourism management, travel agency operations, tour guiding, hospitality management, destination management, and related topics.
Generally, companies are formed to make profits for its members. No express power is required in its constitution to distribute profits to its members. There is also no rule that all profits must be distributed. A payment of profits of a company to its members is called a dividend. A dividend is a share of profits in a company, i.e. a distribution of a company’s net profits which are payable to shareholders in the proportion to their shareholdings
Having an effective and reliable method of obtaining adequate capital for operations and expansion is a core business requirement for all companies. Whenever the company requires funds for a certain purpose, the allotment of shares is the most common strategy for obtaining a capital injection.