Regulations on the scope of authorized work

ASK

I have just established a joint-stock company, I am the Director, the legal representative, the capital contribution is entirely in cash. I have a house in my wife’s name that I am lending to the company as a headquarters, now I want to rent it to the company. So, can I authorize the deputy director of my company to sign a rental contract with my wife?

ANSWER

DHP LAW will answer your questions as follows:

Article 141 of the 2015 Civil Code provides for the scope of representation as follows:

The legal representative has the right to establish and perform all civil transactions for the benefit of the represented person, unless otherwise provided for by law.

– The scope of authorized representation is established by authorization.

The representative may only perform civil transactions within the scope of his/her representation.

– The representative must notify the third party in the civil transaction about the scope of his/her representation.

A representative may not enter into or perform civil transactions with himself or with a third person of whom he is also his representative, unless otherwise provided for by law.

According to the above provisions, you will not have the right to establish a transaction with yourself, so you can authorize the deputy director to sign the lease contract.

 

For support and advice on Business, Investment, Intellectual Property, Tax,… in the best way, please contact us with the following information:
DHP LAW
Address: L4-09.OT06 Landmark 4 Building Vinhomes Central Park, 720A Dien Bien Phu, Ward 22, Binh Thanh District, Ho Chi Minh City
Hotline: 0986,938,627
Zalo, Viber, Line: 0986.938.627Facebook: facebook.com/DHPLAW

 

Post Author: Luật DHP