In a dynamic business environment like Vietnam, where legal regulations are frequently updated, conducting a legal audit to ensure corporate compliance and assess the company’s “legal health” is of utmost importance. However, for small and medium-sized enterprises (SMEs), ensuring strict legal compliance in a clear, detailed, and systematic manner is not an easy task. Legal compliance requires businesses to have an experienced in-house legal team to monitor, supervise, and safeguard various aspects of operations from potential legal risks.
With the goal of assisting SMEs in identifying legal loopholes and compliance issues to take appropriate corrective actions, HM&P Law Firm (“HM&P”) is pleased to introduce its Legal Health Check service.
Legal Health Check is not merely a general assessment of a business’s legal standing but also serves as a foundation for identifying long-standing legal issues and risks within the company. By doing so, businesses can make timely and appropriate adjustments, ensuring sustainable and well-structured business operations.
Scope of services
With this Legal Health Check service, HM&P focuses on reviewing and evaluating the following legal aspects of the business:
Business legal documents (licensing)
For businesses, business licenses—including the Enterprise Registration Certificate, Investment Registration Certificate, and other relevant permits—serve as an essential foundation for business operations. Operating without the necessary licenses or maintaining outdated or inaccurate permits can expose businesses to significant legal risks.
Through this service, we conduct a comprehensive review of the company’s licenses, from general business registration to specialized industry permits, ensuring the company meets all regulatory requirements for lawful operation.
Labor compliance
Employees are the backbone of any company, playing a vital role in business operations. However, labor-related issues, including employment contracts and internal regulations, can create significant legal challenges for businesses.
Our service includes a review of labor contracts, internal labor regulations, and other employment-related documents to assess the company’s compliance with labor laws. Additionally, we will provide recommendations to help prevent labor disputes.
Corporate governance
A company’s governance structure must align with legal regulations. We will review the company’s charter, internal policies, and decision-making processes to assess whether they ensure compliance, transparency, and effective governance. Our service will help businesses adopt modern, efficient, and stable governance models.
Key business contracts
Contracts form the backbone of all business transactions. However, are the terms in your company’s contracts adequately structured to protect the business against disputes?
We will examine the company’s critical contracts and provide insights and solutions to strengthen contractual protections, helping businesses mitigate risks associated with signed agreements.
Intellectual property (IP) protection
Intellectual property is often overlooked but remains a crucial aspect of business protection. Has your business registered its trademarks, patents, or trade secrets?
We will assess the company's intellectual property registration status and provide expert advice on how to safeguard these valuable intangible assets.
Personal data protection compliance
In the age of digital transformation, personal data plays a critical role in business operations. While companies collect vast amounts of customer and employee data, they must also comply with legal requirements on data protection.
Our service includes a review of the company’s personal data protection practices, ensuring compliance with relevant regulations and providing actionable recommendations to mitigate risks related to legal penalties or potential legal claims.
Why choose HM&P?
Experienced and highly specialized legal team
With a team of seasoned lawyers possessing deep expertise, HM&P understands the compliance challenges businesses face. Our commitment is to support companies in conducting a Legal Health Check, helping them proactively identify legal issues and implement timely solutions.
Affordable fees for SMEs
Understanding the financial constraints of SMEs in Vietnam, HM&P is offering the Legal Health Check service at an unprecedented fee range of VND 10,000,000 to VND 15,000,000, depending on the selected review areas. This cost-effective pricing ensures that SMEs can access high-quality, professional legal services that would typically require hundreds of millions to billions of Vietnamese dong at other law firms.
We firmly believe that the value of our service far exceeds its cost, providing SMEs with enhanced legal protection, improved compliance, and a stronger competitive edge in today’s business landscape.
For more information about our services, please contact:
HM&P Law Firm
- Address: 7th Floor, ITAXA Building, 126 Nguyen Thi Minh Khai, Vo Thi Sau Ward, District 3, HCMC
- Phone: +84 28 73080839
- Email: counsel@hmplaw.vn
- Website: https://hmplaw.vn/
Please download the PDF version of Legal Health Check service HERE
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