Company division means that a limited liability company or joint stock company may divide the assets, rights and obligations, members or shareholders of the existing company (hereinafter referred to as the divided company) to establish two or more new companies.

Conditions for dividing company:

  • The company must be a limited liability company or joint stock company;
  • Written consent of the Board of Members, company owner, or General Meeting of Shareholders is required, specifically a resolution or decision on company division. The agreement to divide a company must comply with the provisions of the law on enterprises and the company's charter, at the same time, the content of the resolution or decision on company division must have all the required content according to the applicable Law on Enterprise.

Method of implementing company division

Company division can be carried out by one of the following methods:

  • Part of the capital contributions or shares of members or shareholders along with assets corresponding to the value of the capital contributions or shares are transferred to new companies according to the ownership ratio in the divided companies and the corresponding value of assets transferred to the new company;
  • The enire capital contributions or shares of one or more members or shareholders along with assets corresponding to the value of their shares or capital contributions are transferred to new company;
  • Combine both methods above.

Gia Luat's scope of work:

  • Consulting Valued Customers on legal issues related to company division procedures;
  • Guiding Valued Customers to prepare necessary documents; Checking the legality and validity of documents provided by Valued Customers;
  • Preparing documents in accordance with the law;
  • Representing Valued Customers to submit documents and work with competent authorities;
  • Following up documents and explain as requested by competent authorities (if any);
  • Representing Valued Customers to receive results.

We commit to:

  • Take responsibility for fully and legally performing the work under the service contract signed with Valued Customers;
  • Confidentiality of information and documents provided by Valued Customers;
  • Provide the most comprehensive and effective solutions for enterprise operations and management, helping businesses limit risks and ensure compliance with legal regulations.

We believe that our professionalism and carefulness will bring satisfaction and peace of mind when Valued Customers choose Gia Luat.

Thank you very much for your attention to Gia Luat's services.

Other services
Business type conversion

Business type conversion is a form of reorganizing the enterprise structure to suit the scale and development orientation of that enterprise without completely terminating operations...

Business suspension

Business suspension is when an enterprise temporarily does not conduct any business activities for a certain period. Enterprises shall send a notice to the competent authority where the enterprise is...

Dissolution

Dissolution is an option chosen by many enterprises to terminate business operations when encountering insurmountable difficulties. However, this is a rather complicated procedure that must be carried out at many competent state authorities...

Bankruptcy

One of the solutions to help enterprises withdraw from the market in an orderly manner and minimize losses, even freeing enterprises from debts is to go through the Court to declare bankruptcy...

Change of enterprise registration content

Change of enterprise registration content is when an enterprise needs to change the information recorded in the previous enterprise registration dossier to suit the actual operating situation. Cases requiring procedures to change enterprise registration content include:...

Notice of business location establishment

Business location is the place where an enterprise conducts specific business activities; Enterprises can set up business locations directly under the head office or a branch; To expand the scope of business...

Register representative office operation

Representative office is a dependent unit of an enterprise, with the task of representing according to authorization for the interests of the enterprise and protecting those interests. Representative office does not perform business functions of the enterprise...

Register branch operation

Branch is a dependent unit of an enterprise, responsible for performing all or part of the enterprise's functions, including the function of authorized representation. Enterprises have the right to register domestic and foreign branch operations...

Register to establish an enterprise

Individuals and organizations that want to invest or do business shall carry out enterprise establishment procedures at a competent state authority to determine the legal status of the enterprise...

Company consolidation

Company consolidation is an operation whereby two or more companies may combine into a new company, and at the same time terminate the existence of the consolidating companies...

Company separation

Company separation means a limited liability company or joint stock company may be separated by transferring part of the assets, rights, obligations, members or shareholders of the existing company...

CALL US +84 902 905 292

We are confident that we are fully capable of meeting all the consulting requirements of
our customers and prove that the customer's choice for us is the most suitable choice.