Electronic Identification for FDI Enterprises: Are Two Legal Representatives Necessary?
In the current digital transformation, electronic identification and the use of electronic identification accounts by organizations are becoming important practical conditions for enterprises to access, carry out and monitor various administrative procedures in the electronic environment of Vietnamese state authorities. For foreign-invested enterprises, this requirement is not merely a technical matter of logging into public service systems; it may also directly affect their ability to maintain corporate governance, comply with legal obligations and process necessary procedures with competent state authorities. One notable difficulty arises where the enterprise has only one legal representative and that person is a foreign national. If such person has not yet satisfied the residence or personal electronic identification requirements in Vietnam, the enterprise may encounter difficulties in registering, managing or using its organizational electronic identification account. From a ris...