53 View 03/04/2025
A Business Cooperation Contract (BCC) is a common form of investment in Vietnam, specifically regulated in The Investment Law 2020. According to Clause 14, Article 3 of this law, a BCC is an agreement signed between investors for the purpose of business cooperation, profit or product sharing as stipulated by law, without the need to establish a new economic organization. This is a flexible model, allowing parties to leverage each other's advantages without altering the independent legal structure of each investor. However, alongside significant benefits, this contract form also presents certain limitations that require careful consideration. Below is a detailed analysis of the advantages and disadvantages of BCC contracts, aiming to provide a comprehensive view of this cooperation model.