What are requirements for holding trực tiếp bóng đá euro hôm nay position of Director of trực tiếp bóng đá euro hôm nay multi-member limited liability company in Vietnam? What are rights and obligations of trực tiếp bóng đá euro hôm nay Director of trực tiếp bóng đá euro hôm nay multi-member limited liability company in Vietnam?

What are requirements for holding trực tiếp bóng đá euro hôm nay position of Director of trực tiếp bóng đá euro hôm nay multi-member limited liability company in Vietnam?

Pursuant to Article 64 of trực tiếp bóng đá euro hôm nay Law on Enterprises in 2020 stipulating requirements for holding trực tiếp bóng đá euro hôm nay position of Director/General Director:

Requirements for holding trực tiếp bóng đá euro hôm nay position of Director/General Director

A person may hold trực tiếp bóng đá euro hôm nay position of Director/General Director if he/she:

1. Is not in one of trực tiếp bóng đá euro hôm nay persons specified in Clause 2 Article 17 of this Law.

2. Has professional qualifications and experience of busines administration and satisfies other conditions specified in trực tiếp bóng đá euro hôm nay company's charter.

3. If trực tiếp bóng đá euro hôm nay company is a state-owned enterprise prescribed in Point b Clause 1 Article 88 of this Law or a subsidiary company of a state-owned enterprise prescribed in Clause 1 Article 88 of this Law, is not a relative of trực tiếp bóng đá euro hôm nay executives and controllers of trực tiếp bóng đá euro hôm nay company and trực tiếp bóng đá euro hôm nay parent company, of trực tiếp bóng đá euro hôm nay representative of enterprise’s investment or state investment in trực tiếp bóng đá euro hôm nay company and trực tiếp bóng đá euro hôm nay parent company.

As regulated above, a person may hold trực tiếp bóng đá euro hôm nay position of Director/General Director if he/she:

[1] Is not in one of trực tiếp bóng đá euro hôm nay persons specified as follows:

- State authorities, People’s armed forces using state-owned assets to establish enterprises to serve their own interests;

- Officials and public employees defined by trực tiếp bóng đá euro hôm nay Law on Officials and trực tiếp bóng đá euro hôm nay Law on Public Employees;

- Commissioned officers, non-commissioned officers, career military personnel, military workers and public employees in agencies and units of Vietnam People’s Army; commissioned officers, non-commissioned officers and police workers in police authorities and units, except for those designated and authorized representatives to manage state-owned stakes in enterprises or to manage state-owned enterprises;

- Executive officers and managers of state-owned enterprises prescribed in Point a Clause 1 Article 88 of this Law, except those who are designated as authorized representatives to manage state-owned stakes in other enterprises;

- Minors; people with limited legal capacity; incapacitated people; people having difficulties controlling their behaviors; organizations that are not juridical persons;

- People who are facing criminal prosecution, kept in temporary detention, serving an imprisonment sentence, serving an administrative penalty in a correctional institution or rehabilitation center, has limited legal capacity or is incapacitated, is not able to control his/her own behaviors, is banned by trực tiếp bóng đá euro hôm nay court from holding certain positions or doing certain works; other cases prescribed by trực tiếp bóng đá euro hôm nay Law on Bankruptcy and trực tiếp bóng đá euro hôm nay Anti-corruption Law.

If requested by trực tiếp bóng đá euro hôm nay business registration authority, trực tiếp bóng đá euro hôm nay applicant shall submit trực tiếp bóng đá euro hôm nay judicial records;

- Juridical persons that are banned from business operation or banned from certain fields as prescribed by trực tiếp bóng đá euro hôm nay Criminal Code.

[2] Has professional qualifications and experience of busines administration and satisfies other conditions specified in trực tiếp bóng đá euro hôm nay company's charter.

[3] If trực tiếp bóng đá euro hôm nay company is a state-owned enterprise, of which over 50% of charter capital or voting shares is held by trực tiếp bóng đá euro hôm nay State, or a subsidiary company of a state-owned enterprise, is not a relative of trực tiếp bóng đá euro hôm nay executives and controllers of trực tiếp bóng đá euro hôm nay company and trực tiếp bóng đá euro hôm nay parent company, of trực tiếp bóng đá euro hôm nay representative of enterprise’s investment or state investment in trực tiếp bóng đá euro hôm nay company and trực tiếp bóng đá euro hôm nay parent company.

What are requirements for holding trực tiếp bóng đá euro hôm nay position of Director of trực tiếp bóng đá euro hôm nay multi-member limited liability company in Vietnam? What are rights and obligations of trực tiếp bóng đá euro hôm nay Director of trực tiếp bóng đá euro hôm nay multi-member limited liability company in Vietnam? - image from internet

What are rights and obligations of trực tiếp bóng đá euro hôm nay Director of trực tiếp bóng đá euro hôm nay multi-member limited liability company in Vietnam?

Pursuant to Clause 2 Article 63 of trực tiếp bóng đá euro hôm nay Law on Enterprises in 2020 stipulating rights and obligations of trực tiếp bóng đá euro hôm nay Director of trực tiếp bóng đá euro hôm nay multi-member limited liability company in Vietnam:

- Organize trực tiếp bóng đá euro hôm nay implementation of resolutions and decisions of trực tiếp bóng đá euro hôm nay Board of Members;

- Decide everyday operating issues of trực tiếp bóng đá euro hôm nay company;

- Organize implementation of trực tiếp bóng đá euro hôm nay company’s busines plans and investment plans;

- Issue trực tiếp bóng đá euro hôm nay company’s rules and regulations unless otherwise prescribed by trực tiếp bóng đá euro hôm nay company's charter;

- Designate, dismiss trực tiếp bóng đá euro hôm nay company’s executives, except those within jurisdiction of trực tiếp bóng đá euro hôm nay Board of Members;

- Enter into contracts on behalf of trực tiếp bóng đá euro hôm nay company, except those within jurisdiction of trực tiếp bóng đá euro hôm nay President of trực tiếp bóng đá euro hôm nay Board of Members;

- Propose trực tiếp bóng đá euro hôm nay company’s organizational structure;

- Submit annual financial statements to trực tiếp bóng đá euro hôm nay Board of Members;

- Propose plans for use and distribution of profits or settlement of business losses;

- Recruit employees;

- Other rights and obligations specified in trực tiếp bóng đá euro hôm nay company's charter, resolution and decisions of trực tiếp bóng đá euro hôm nay Board of Members, and his/her employment contract.

What are grounds for salaries of trực tiếp bóng đá euro hôm nay Director of trực tiếp bóng đá euro hôm nay multi-member limited liability company in Vietnam?

Pursuant to Article 66 of trực tiếp bóng đá euro hôm nay Law on Enterprises in 2020 stipulating salaries, remunerations, bonuses and other benefits of trực tiếp bóng đá euro hôm nay President of trực tiếp bóng đá euro hôm nay Board of Members, Director/General Director and other executives:

Salaries, remunerations, bonuses and other benefits of trực tiếp bóng đá euro hôm nay President of trực tiếp bóng đá euro hôm nay Board of Members, Director/General Director and other executives

1. trực tiếp bóng đá euro hôm nay company shall pay salaries, remunerations, bonuses and provide other benefits for trực tiếp bóng đá euro hôm nay President of trực tiếp bóng đá euro hôm nay Board of Members, trực tiếp bóng đá euro hôm nay Director/General Director and other executives according to trực tiếp bóng đá euro hôm nay company’s business performance.

2. Salaries, remunerations, bonuses and other benefits for trực tiếp bóng đá euro hôm nay President of trực tiếp bóng đá euro hôm nay Board of Members, trực tiếp bóng đá euro hôm nay Director/General Director and other executives shall be recorded as operating costs in accordance with regulations of law on corporate income tax and relevant laws and placed in a separate section in trực tiếp bóng đá euro hôm nay company’s annual financial statements.

As regulated above, trực tiếp bóng đá euro hôm nay multi-member limited liability company in Vietnam shall pay salaries for trực tiếp bóng đá euro hôm nay Director according to trực tiếp bóng đá euro hôm nay company’s business performance.

Best regards!