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The Director/General Director of a single-member limited liability company under Law on Enterprise 2020 of Vietnam

The Director/General Director of a single-member limited liability company under Article 82 Law on Enterprise 2020 of Vietnam as follows:

Article 82. The Director/General Director

1. The Board of Members or the company’s President shall designate or hire the Director/General Director within a term of office not exceeding 05 years to manage the company’s everyday business. The Director/General Director shall be responsible for the law and the Board of Members or the company’s President for his/her performance. The President of the Board of Members, another member of the Board of Members or the company’s President may concurrently hold the position of Director/General Director unless otherwise prescribed by law or the company's charter.

2. The Director/General Director has the following rights and obligations:

a) Organize the implementation of resolutions and decisions of the Board of Members or the company’s President;

b) Decide everyday operating issues of the company;

c) Organize implementation of the company’s busines plans and investment plans;

d) Issue the company’s rules and regulations;

dd) Designate, dismiss the company’s executives, except those within jurisdiction of the Board of Members;

e) Enter into contracts in the company’s name, except those within jurisdiction of the President of the Board of Members or the company’s President;

g) Propose the company’s organizational structure;

h) Submit annual financial statements to the Board of Members or the company’s President;

i) Propose plans for use of profits or settlement of business losses;

k) Recruit employees;

l) Other rights and obligations specified in the company's charter and the employment contract.

3. To hold the position of Director/General Director, a person shall satisfy the following requirements:

a) He/she is not one of the persons specified in Clause 2 Article 17 of this Law;

b) He/she has professional qualifications and experience of busines administration and satisfies other conditions specified in the company's charter.

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LAW CONSULTANCY SERVICES

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To get further information of our services and charges,

Please come to our head office or contact Golden Star as follows:

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HỖ TRỢ TRỰC TUYẾN

028.3620.8435 0914.190.707 0942.050.407
Giấy phép kinh doanh số : 0308929524 cấp ngày : 29/05/2009 bởi Sở Kế Hoạch và Đầu Tư TP.Hồ Chí Minh
Người đại diện: ông Thủy Ngọc Thu