Limited company is the most common form of foreign direct investment in Cambodia. A representative office does not have independent legal person status. A branch also does not have independent legal person status. The head office shall be liable for the losses and debts of the branch. A branch may undertake the same business activities as a local company except for activities that are prohibited from foreign investment.
Shares in companies are moveable property and they are not of the nature of immovable property. They are therefore transferable and can be passed from one person to another in the manner provided by the constitution. However, a share does not consist of a tangible thing but of a collection of rights
In accordance with the Companies Act 2016 (CA 2016), officer is defined to include any director, secretary or employee of the company. It also includes a receiver and manager of any part of the undertaking of the company appointed under a power contained in any instrument and any liquidator of a company appointed in a voluntary winding up.
Vietnam Limited liability company is the most common form of foreign direct investment. A limited liability companies may have 1-50 members (shareholders). A new joint stock company shall have at least 3 founding shareholders. And there is no limit on the maximum number of shareholders.A representative office does not have independent legal person status.
A company in Vietnam shall have at least one legal representative according to the Law on Enterprises of Vietnam. As defined by the Law on Enterprises of Vietnam, the legal representative is the person that, on behalf of the enterprise, exercises and performs the rights and obligations derived from the enterprise’s transactions, acts as the plaintiff, defendant or person with relevant interests and duties before in court
Malaysia is now seen by many as a perfect gateway to ASEAN and beyond because it is strategically located at the centre of South-East Asia and surrounded by many ASEAN countries - offering market access of over 650 million people with a combined GDP of US$3.2 trillion. The average combined GDP of the ASEAN countries is expected to grow by 5.2% in 2022 and 5.3% in 2023.
A foreign invested enterprise (FIE) in the form of a limited liability company is the most common investment vehicle in Vietnam amongst foreign investors. The term of company or foreign invested enterprise mentioned below refer specifically to a limited liability company. There are no minimum charter capital requirements for establishing a foreign invested enterprise, except for some specific sectors (e.g., banking, real estate, aviation etc.).
A foreign company may carry on business in Malaysia by either incorporating as a local company or registering the foreign company with the Companies Commission of Malaysia (CCM). As a branch office is an extension of its parent company and it will not be viewed as a separate legal entity from the foreign company it represents, therefore its name must be identical to the foreign parent company and the business activities that it can conduct is limited to that of its parent company.
After a private company is successfully incorporated in Malaysia, it is crucial for the directors of the company to understand the post incorporation and annual statutory compliance requirements in accordance with the Malaysian Companies Act 2016 (CA 2016).
Limited Liability Partnership (LLP) is an alternative business vehicle offering a hybrid of characteristics between conventional partnership and a company governed by the Limited Liability Partnerships Act 2012 (LLP Act 2012). Its special features are that of a conventional partnership in terms of the flexibility in its administration and a company in terms of the limited liability status conferred to its partners.