HM&P introduces service package for startups and technology businesses

In recent years, the innovative startup ecosystem in Vietnam has developed strongly with the increasingly active participation of startups and technology businesses in many fields such as e-commerce, fintech, artificial intelligence, big data and digital platforms. However, along with the rapid growth rate, these businesses also face many complex legal issues such as choosing the right corporate structure, raising capital from investors, protecting intellectual property, complying with regulations related to technology and data, etc as well as building a solid legal foundation for business operation and expansion.

In order to support businesses in the start-up and technology development stages, HM&P Law Firm ("HM&P") officially introduces a dedicated legal service package for startups and technology businesses, with a comprehensive approach from the conception stage establishing businesses to operate, raise capital and expand markets.

1. Legal support in the process of establishment and business structure

Choosing a business model and establishing the right legal structure from the beginning is an important factor for startups and technology businesses. A well-designed corporate structure not only helps to optimize governance but also facilitates capital raising and attracting investors in the future.

HM&P supports businesses to:

• Consulting on the selection of business types and organizational models in accordance with the development strategy;
• Consulting on establishing a business, registering business lines and completing necessary legal documents;
• Developing a company charter, an agreement between founders (Founders' Agreement);
• Design the ownership structure and governance mechanism in accordance with the characteristics of startups and technology enterprises;
• Advising on legal issues related to share transfer, capital contribution and distribution of interests between founders.

Through building a legal foundation from the early stages, businesses can limit the risk of internal disputes and create a favorable premise for subsequent rounds of fundraising.

2. Legal advice in the process of operating startups and technology businesses

In the process of operation, startups and technology businesses often have to deal with many legal issues related to contracts, internal governance, and legal compliance. Due to the characteristics of business models based on technology and digital platforms, these businesses also often have to update and adjust legal terms to suit market changes.

HM&P provides regular legal advice services to assist businesses in:

• Drafting and reviewing commercial contracts, service contracts and cooperation contracts;
• Consulting on the development of Terms of Service, Privacy Policy and internal regulations;
• Legal advice related to e-commerce activities, digital platforms and technology services;
• Assisting businesses in handling legal issues arising in the course of business activities.

Having the companionship of lawyers and law firms right in the operation stage helps startups and technology businesses minimize legal risks, and at the same time build a management system suitable for the development of the business.

3. Protection of intellectual property and technology

For technology startups, intellectual property is often the core element that creates business value, including software, technology platforms, brands, patents, or technical solutions.

HM&P supports businesses to:

• Consulting on intellectual property protection strategies for products and technologies;
• Registration of trademarks, software copyrights and other intellectual property rights;
• Developing a mechanism for information security and protection of business secrets;
• Advising on handling disputes related to intellectual property rights.

Through the establishment of an appropriate protection strategy, businesses can effectively protect intellectual property and increase business value in the process of raising capital or expanding the market.

4. Legal support in capital mobilization and investment cooperation activities

Raising capital is one of the important steps for the development of startups and technology businesses. In this process, businesses need to prepare full legal documents and establish transparent transaction mechanisms to create confidence for investors.

HM&P supports businesses to:

• Advising on appropriate investment transaction structures;
• Drafting and reviewing transaction documents such as investment agreements, shareholder agreements, and related documents;
• Supporting businesses in the process of negotiating with investors;
• Advising on legal issues arising during the fundraising process.

Careful preparation of legal factors not only helps businesses improve access to capital but also ensures transparency and stability in relationships between stakeholders.

With experience in advising a wide range of businesses in the fields of technology, data, investment and commerce, HM&P is ready to accompany startups and technology businesses in building a solid legal foundation, controlling risks and supporting businesses to develop sustainably in the rapidly changing digital business environment. Through this legal service package, HM&P aims to provide comprehensive consulting solutions, suitable for the characteristics of operations and each stage of business development.

For more information about our services, please contact:

HM&P Law Firm

• Address: 7th Floor, ITAXA Building, 126 Nguyen Thi Minh Khai, Xuan Hoa Ward, HCMC
• Phone: +84 28 73080839
• Email: counsel@hmplaw.vn
• Website: https://hmplaw.vn/

Please download the PDF version of service package for startups and technology businesses HERE