Business cooperation contract

09:32 - 26/02/2024

Business cooperation contract

Business cooperation contract means a contract between investors for business cooperation and distribution of profits or products without establishment of a business organization.

Business cooperation contract

Business cooperation contracts signed between domestic investors shall be executed in accordance with the civil law.

Procedures for issuance of investment registration certificate shall apply to business cooperation contracts signed between a domestic investor and a foreign investor, or between foreign investors.

A business cooperation contract shall contain at least names, addresses and authorized representatives of parties to the contract; business address or project address; objectives and scope of business; contributions by the parties to the contract, and distribution of business investment results between the parties; schedule and duration of the contract; rights and obligations of parties to the contract; adjustment, transfer and termination of the contract; responsibilities for breaches of the contract; method of dispute settlement.

For more information, please contact Hnlaw & Partners Law Firm at tuvan.hnlaw@gmail.com

 

Conditional business lines
A kind of General Director
Real Estate Market
Contributed assets
Establishment of a representative office