Law No. 59/2020/QH14 on Enterprises.
Country
Type of law
Legislation
Abstract
This Law provides for establishment, management, reorganization, dissolution and relevant activities of enterprises, including limited liability companies, joint stock companies, partnerships and sole proprietorships, groups of companies.
The State recognizes the long-term existence and development of the types of enterprises prescribed in this Law; ensures equality of enterprises before the law regardless of their types of business and economic sector; recognizes lawful profitability of business operation. The State recognizes and protects the rights to ownership of assets, capital, income, other lawful rights and interests of enterprises and their owners. Article 7-9 provide for rights and obligations of enterprises. Article 10 specifies with the criteria, rights and obligations of social enterprises. Enterprises should protect lawful rights and interests of employees as prescribed by law; do not discriminate against or insult employees; do not mistreat or force employees to work; do not employ minors against the law; enable employees to improve their vocational skills through training; buy social insurance, unemployment insurance, health insurance and other insurance for employees as prescribed by law.
The State recognizes the long-term existence and development of the types of enterprises prescribed in this Law; ensures equality of enterprises before the law regardless of their types of business and economic sector; recognizes lawful profitability of business operation. The State recognizes and protects the rights to ownership of assets, capital, income, other lawful rights and interests of enterprises and their owners. Article 7-9 provide for rights and obligations of enterprises. Article 10 specifies with the criteria, rights and obligations of social enterprises. Enterprises should protect lawful rights and interests of employees as prescribed by law; do not discriminate against or insult employees; do not mistreat or force employees to work; do not employ minors against the law; enable employees to improve their vocational skills through training; buy social insurance, unemployment insurance, health insurance and other insurance for employees as prescribed by law.
Attached files
Web site
Date of text
Repealed
No
Source language
English
Legislation Amendment
No
Original title
CỘNG HÒA XÃ HỘI CHỦ NGHĨA VIỆT NAM (Luật số: 59/2020/QH14).