What is a legal entity under Vietnamese laws?

I wonder what is a legal entities and How many type of legal entity in Vietnam?
LEGAL BASIS:
- The Civil Law 2015

ANSWER: 

In order to answer the question, please see below the definition of legal entity in Article 74 of Civil Law 2015: 

"An organization shall be recognized as a legal entity if it satisfies all of the following conditions:
(a) It was established in accordance with provisions of this Code or other relevant laws;

(b) It has an organizational structure pursuant to article 83 of this Code;
(c) It has property independent from other individuals and organizations and it is self- responsible by recourse to its property.
(d) It participates independently in legal relations in its own name."



The legal entities under the Vietnamese laws can be classified to Commercial legal entities and Non-Commercial legal entities. 


Kind regards

BÀI VIẾT CÙNG CHUYÊN MỤC