FLAT Legal Journal
Every successful funding round carries a pleasant paradox: the company is worth more, but the early investor slice of the pie gets smaller. Dilution is the mathematical consequence…
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A lean two-page term sheet can decide the fate of millions of dollars invested in a Vietnamese startup. The document summarises the core economic and control terms before…
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A convertible bond is the hybrid instrument investors favour when entering a Vietnamese company they do not yet trust enough to buy shares in outright, yet whose growth…
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Instead of buying shares from existing holders, many foreign investors choose to receive newly issued shares in a private placement: the money goes straight into the company to…
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Preference shares sound like a bargain: higher dividends, capital redeemed first, or voting rights multiplied several times over. Yet among the three preference classes in Vietnamese law, one…
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Not every foreign capital contribution or share purchase in Vietnam must pass through investment registration approval. Current investment law narrows the capital contribution registration duty to three specific…
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A technology company may own no valuable plant or machinery, yet hold two assets that decide its fate: software source code and patents. When investors or founders want…
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Contributing land use rights is how many Vietnamese landowners become shareholders without cash, and how the receiving company secures its production site. But a land use right is…
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When a Vietnamese company or individual sells capital to a foreign investor, the tax question arrives last but argues longest: is income tax on the capital transfer paid…
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In many Vietnamese capital acquisitions the contract is signed and sealed, yet the money cannot move, simply because the parties paid through the wrong account. Since Circular 38/2026/TT-NHNN…
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