ENTERPRISE LAW 2006

The Law, along with the Investment Law (which will be covered in next month's Legal Update) which was also passed on 29 November 2005, comes into effect on 1 July 2006

The Enterprise Law, once effective, will replace the Enterprise Law 1999, the Law on State Owned Enterprises 2003 (subject to our comments below) and provisions on organization and operation of enterprises as provided for in the Law on Foreign Investment in Vietnam of 1996 and the Law on Amendments and Additions to the Law on Foreign Investment of 2000.

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Enterprise Law 2006 English Version - Contributed by Deacons