The multi-member LLC as a family holding: what it can and cannot do under Vietnamese law
A family holding (multi-member LLC) can organise ownership across generations in Vietnam, but it is not a trust substitute or an absolute shield.
Insights
Technical Notes
Focused analysis of technical accounting, tax, governance and transaction issues.
Long-outstanding balances in accounts 111, 138 and 141: resolving them before a handover, audit or sale
Long-standing cash, other-receivable and advance balances may need verification during audits, tax inspections or due diligence. A sequence to verify, classify and correct them under VAS 29 and Circular 99/2025.
Used machinery in FDI projects: one asset, four values to get right
Used machinery contributed or imported by FDI investors must satisfy import conditions, customs value, contributed capital and depreciation at once. How to align them before the goods arrive.
