Thursday, August 22, 2024

Startups, Hold On to Your Stocks: Why Holding Companies are the New Black! 🏢

Hey there, future unicorns and business moguls! 🦄 Ready to learn why holding companies are the secret sauce to startup success? Buckle up, because we're about to take a wild ride through the world of corporate structures, Ngọc Prinny tyle!! 🎢




What's a Holding Company, Anyway? 🤔

Imagine a big momma company that doesn't do much except own other companies. That's a holding company in a nutshell! It's like the ultimate helicopter parent, but for businesses. 🚁


Why Should Startups Care? 🌱

Here's the scoop:

1. Easy Peasy Lemon Squeezy Sales: 🍋

   - Want to sell off part of your business? Just sell a subsidiary!

   - No messy asset transfers or complicated contracts

   - Example: Selling your "DEF" food brand? Just sell the company that runs it!

2. Limited Liability Love: ❤️

   - One subsidiary in trouble? The others are safe!

   - Example: If one company gets sued for 100 billion, the others don't have to chip in

3. Restructure Without the Headache: 💆

   - Change ownership at the holding level without disrupting operations

   - Shareholder disputes? Subsidiaries keep on truckin'!


But Wait, There's More! 🎉

- Tax Benefits: Sometimes you can offset losses in one company against profits in another

- Easier Funding: Investors love the clarity and flexibility of holding structures


The Flip Side (Because Nothing's Perfect) 😅

- More Paperwork: Each company needs its own accounting, reporting, etc.

- Higher Costs: Minimum annual costs for each company (about 16 million VND/year)

- Complexity: Moving money and resources between companies can be tricky


The Startup Strategy 🚀

1. Start small with one company

2. Grow and thrive

3. When you're ready for the big leagues (funding, IPO dreams), create a holding company

4. Profit! 💰


In a Nutshell 🥜

Holding companies are like the Swiss Army knives of the business world - versatile, handy, and impressive to show off. For startups with big dreams and complex plans, they're often the way to go!

Remember, folks: In the startup world, it's not just about holding onto your dreams - it's about structuring them right! 🏗️💡


#StartupStructure #HoldingCompanyMagic #CorporateNinja #ScaleUpSmart #VietnamStartups


Retired But Not Tired: Double-Dipping in Vietnam's Labor Pool! 🏖️💼


Hey there, silver foxes and golden oldies! 👵👴 Think retirement means the end of your working days? Think again! In Vietnam, you can have your retirement cake and eat it too. Let's dive into the world of working retirees - where pension meets paycheck!




The Golden Rule 🏆

Here's the juicy bit, folks:

• **When retirees continue working under a new labor contract, they get to enjoy BOTH their pension AND their new salary!** 🤑

• That's right - double the income, double the fun!


But Wait, There's More! 🎉

Working retirees also get:

• All the perks and benefits stated in their new labor contract

• Protection under labor laws (because age is just a number, right?)


The Fine Print 🔍

Before you dust off that resume, remember:

• No heavy lifting! Retirees can't work in jobs that are too physically demanding or dangerous

• Employers must take extra care of their senior employees' health


Retirement Age: A Moving Target 🎯

• By 2025, men will retire at 61 years and 3 months

• Women will clock out at 56 years and 8 months

• The retirement age will keep creeping up until 2028 for men and 2035 for women


**In a Nutshell 🥜**

Vietnam's approach to working retirees is like a financial fountain of youth. You get to keep your hard-earned pension while still bringing home the bacon from a new job. It's the best of both worlds - financial security meets continued purpose!

Remember, folks: In Vietnam, retirement doesn't mean you're out to pasture - it means you've unlocked the bonus level of your career! 🕹️👑


#WorkingRetirees #RetirementInVietnam #DoubleIncome #SilverWorkforce #AgeIsJustANumber


Electronic Notarization: The Semi-Digital Stamp of Approval! 💻✅





Listen up, document devotees and paperwork pals! 📄🕺 Vietnam's taking baby steps into the future of notarization. It's not fully digital yet, but it's definitely on its way to saving you from paper cuts and long queues. Let's dive into the world of electronic notarization - where your documents get a taste of VIP treatment in the digital realm!


What's the Buzz About? 🐝

Electronic notarization in Vietnam is like giving your documents a partial digital makeover. It's:

Semi-Legit: The process starts online but needs an in-person finale 👨‍⚖️

Faster: Less waiting, but not completely queue-free ⚡

Eco-friendlier: Save some trees, but keep a few around for the final step 🌳


Here's the Deal... 🎣

Electronic notarization in Vietnam has some unique quirks:

People's Committee Only: Currently, only the People's Committee can perform this semi-digital dance 🏛️

Not for Notary Offices: Notary offices are still waiting for their digital debut 🎭

Two-Step Process: Start online, finish in person 🕺💃


How to Get Your Semi-Digital Stamp of Approval 🖋️

1. Create an Account: Sign up on the National Public Service Portal (it's like creating a Facebook account, but for adulting!)

2. Upload Your Doc: Give your document its first taste of the digital world

3. Wait for Approval: Cross your fingers and hope for the best

4. Visit in Person: Once approved online, bring your original document to the People's Committee for the final check

5. Get Notarized: Watch as your document gets its official seal of approval


The Perks of Going Semi-Digital 🎉

• Save Some Time: Less waiting overall, even if you can't avoid it completely ⏰

Easier Tracking: Keep an eye on your document's journey through cyberspace 🔍

Baby Steps to the Future: Be part of Vietnam's digital transformation journey 🚀


**In a Nutshell 🥜**

Electronic notarization in Vietnam is like a document's first swimming lesson. It's dipping its toes in the digital pool but still needs a lifeguard (the People's Committee) for the final approval. It's not fully digital yet, but hey, Rome wasn't built in a day!

Remember, folks: In the world of Vietnamese electronic notarization, your online application is the appetizer, but the main course is still served in person! 🍽️💼

#ElectronicNotarizationVietnam #DigitalTransformation #E-Government #PeopleCommittee #FutureOfBureaucracy


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