REGULAR LEGAL CONSULTATION SERVICES FOR SMALL AND MEDIUM-SIZED ENTERPRISES (REPUTABLE LAW FIRM IN HO CHI MINH CITY, VIETNAM)

REGULAR LEGAL CONSULTATION SERVICES FOR SMALL AND MEDIUM-SIZED ENTERPRISES

(REPUTABLE LAW FIRM IN HO CHI MINH CITY, VIETNAM)

Vietnam is a startup nation, so the number of small and medium-sized enterprises (SMEs) constitutes a significant proportion of the total number of businesses in Vietnam. 

As a business embarks on its commercial operations, navigating through growth and expansion, it inevitably encounters various legal risks. For sustainable development, businesses must allocate considerable resources to address legal matters.

Not all SMEs can afford to establish an in-house legal team given their scale. Recognizing this need within the Vietnamese business community, HT Legal VN Law Firm emerges as a pioneering legal firm committed to partnering with enterprises, offering regular, professional, cost-effective, and efficient legal consultation services that safeguard businesses' highest interests and rights.

What benefits do small and medium-sized enterprises gain from regular legal consultation services? Join us at HT Legal VN Law Firm as we explore this topic in the following article.

1. Characteristics of Small and Medium-Sized Enterprises Suitable for Regular Legal Consultation Services Small and medium-sized enterprises, including micro-enterprises, are those with an average annual social insurance participation of no more than 200 employees and meeting one of the following criteria:

- Total capital not exceeding VND 100 billion

- Total revenue for the preceding year not exceeding VND 300 billion. Consequently, the majority of our market comprises SMEs. Due to limited capital, these enterprises often refrain from allocating a substantial fixed budget to maintain a legal department, seeking legal counsel only when legal issues or disputes arise.

However, with the widespread effectiveness of regular legal consultation services, SMEs can now opt for an optimal solution that ensures legal compliance within the framework of the law while receiving advice on legal matters to minimize potential disputes with customers and partners. Notably, the cost for businesses to access regular legal consultation services is approximately VND 2 million per month, which is relatively low compared to the benefits provided.

2. Benefits for Small and Medium-Sized Enterprises Utilizing Regular Legal Consultation Services from HT Legal VN Law Firm 

a. Cost Savings for Businesses 

To address legal issues that arise during operations, establishing a dedicated legal department, often referred to as the legal affairs or legal department, may face significant expenses in setting up and maintaining this division.

Therefore, the solution of regular legal consultation can help businesses save a substantial amount of money that would otherwise be spent on maintaining this legal department. Providers of regular legal consultation services offer various packages for clients to choose from, depending on their needs and financial capabilities, businesses can select the most suitable service package.

b. Time Savings for Businesses 

Regular and long-term cooperation through the use of regular legal consultation services enables lawyers to easily grasp the actual situation and emerging legal issues of the business. Consequently, lawyers can quickly address and resolve arising legal matters. Instead of seeking legal advice only when a legal issue arises, opting for regular legal consultation serves as an effective preventative measure against potential legal risks during the company’s operations.

c. High Level of Confidentiality 

In every legal service contract, the legal service provider, mostly lawyers or law firms, is responsible for ensuring the utmost confidentiality of client information. Therefore, confidentiality is not only guaranteed by in-house personnel but also when businesses employ professional legal consultants, ensuring the security of business information and trade secrets.

d. Avoiding Legal Risks Related to Internal Business Issues 

During operations, internal business issues such as human resource management, employee relations, or issues when working with partners are meticulously monitored and closely followed by lawyers to minimize legal risks and potential disputes arising from these internal management activities.

e. Participation in Protecting the Legal Rights and Interests of Businesses in Dispute Resolution 

In the event of a dispute, businesses require someone with a deep understanding of the law and extensive professional experience to ensure that the company’s interests are not compromised. This role is fulfilled by professional lawyers. Rather than considering collaboration with lawyers only when disputes arise, businesses should contemplate choosing regular legal consultation services as a precaution. In doing so, lawyers will have already planned to protect the company’s interests from the advisory stage. Having lawyers who have been working regularly and long-term with the business represent it in dispute resolution allows them to grasp related issues effectively and best protect the legal rights and interests of the company.

3. Regular Legal Consultation Services for Businesses by HT Legal VN Law Firm

Boasting a team of attorneys, masters, and experts with years of experience, HT Legal VN possesses a profound understanding of the legal issues that arise in the management, operation, business conduct, and dealings with partners of enterprises. Therefore, when clients decide to choose HT Legal VN Law Firm as their regular legal advisor, they can confidently navigate every step without worrying about legal risks. We are ready to be the trusted fiduciary for small and medium-sized businesses.

Some notable activities included in the Regular Legal Consultation Service Package provided by HT Legal VN Law Firm are:

- Continuous updates on legal documents related to the business, commerce, and activities of the enterprise;

- Legal review of draft contracts and documents related to contracts. Legal advice during the drafting, negotiation, and signing of contracts;

- Legal advice on the legality of administrative decisions and actions by competent state agencies directly affecting the operations of the enterprise;

- Legal advice on labor, resolving disputes with employees, and legal advice on other issues arising during the enterprise’s operations.

- Legal advice and strategies for handling potential disputes, dispute resolution, or anticipating all possible dispute scenarios to best protect the legal rights and interests of clients.

The above are the fundamental issues regarding Regular Legal Consultation Services for small and medium-sized enterprises. HT Legal VN Law Firm hopes that this shared content is useful and necessary for the business operations of esteemed enterprises.

If there are any questions or if you require regular legal consultation services, please contact:

Lawyer Nguyễn Thanh Trung or HT LEGAL VN LAW FIRM

Office 1: 37/12 Alley 602 Dien Bien Phu, Ward 22, Binh Thanh District, Ho Chi Minh City (Next to the People’s Committee of Ward 22)

Office 2: 207B Nguyen Phuc Chu, Ward 15, Tan Binh District, Ho Chi Minh City

Office 3: 5 Alley 252/115 Tay Son Street, Trung Liet Ward, Dong Da District, Hanoi Capital

Email: info@htlegalvn.com            Hotline: 0961614040 – 0922224040