Vietnam: The maximum duration of a legal assistance program for SMEs is 05 years

08:28, 26/06/2019

This content is mentioned in Decree No. 55/2019/ND-CP of Vietnam’s Government providing legal assistance for small and medium-sized enterprises (SMEs).

According to Article 11 of Decree No. 55/2019/ND-CP of Vietnam’s Government, the maximum duration of a legal assistance program for SMEs is 05 years from the date on which it is approved.

chuong trinh ho tro phap ly cho DN nho va vua, Nghi dinh 55/2019/NĐ-CP

The authority or organization in charge of the legal assistance program for SMEs shall make a consolidated report on the program implementation for using as a basis for establishing or suggesting another legal assistance program for SMEs based on SMEs’ demands and its available resources.

Decree No. 55/2019/ND-CP also specifies contents of a legal assistance program for SMEs, including:

- Provision of information, including information relating to domestic law, foreign laws, international laws, legal risk warnings and the relevant ministry or provincial government’s policies for SMEs (if any);

- Improvement of legal knowledge, including legal knowledge improvement programs for SMEs, those for persons providing legal advice for SMEs, and those for the legal consultant network;

- Provision of legal advice, including talks, response to legal questions of SMEs and other legal consulting activities which must be conformable with law and suitable for demands of SMEs and resources available as prescribed in Point c Clause 1 Article 10 of this Decree.

View more details at Decree No. 55/2019/ND-CP of Vietnam’s Government, effective from August 16, 2019.

Thu Ba

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