Trong cu\u1ed9c \u0111ua g\u1ecdi v\u1ed1n, ch\u1ec9 m\u1ed9t l\u1ed7 h\u1ed5ng trong h\u1ed3 s\u01a1 ho\u1eb7c m\u1ed9t \u0111i\u1ec1u kho\u1ea3n b\u1ea5t h\u1ee3p l\u00fd tr\u00ean term sheet c\u00f3 th\u1ec3 khi\u1ebfn th\u01b0\u01a1ng v\u1ee5 k\u00e9o d\u00e0i, \u0111\u1ed5 v\u1ee1 ho\u1eb7c nh\u00e0 \u0111\u1ea7u t\u01b0 r\u1eddi \u0111i. T\u1eeb vi\u1ec7c kh\u00f4ng r\u00f5 r\u00e0ng v\u1ec1 cap table, quy\u1ec1n s\u1edf h\u1eefu tr\u00ed tu\u1ec7 ch\u01b0a \u0111\u01b0\u1ee3c b\u1ea3o h\u1ed9, t\u1edbi h\u1ee3p \u0111\u1ed3ng nh\u00e0 s\u00e1ng l\u1eadp s\u01a1 s\u00e0i \u2014 nh\u1eefng v\u1ea5n \u0111\u1ec1 n\u00e0y kh\u00f4ng ch\u1ec9 g\u00e2y r\u1ee7i ro ph\u00e1p l\u00fd m\u00e0 c\u00f2n l\u00e0m m\u1ea5t uy t\u00edn c\u1ee7a c\u00f4ng ty trong m\u1eaft nh\u00e0 \u0111\u1ea7u t\u01b0. Vi\u1ec7c chu\u1ea9n b\u1ecb k\u1ef9 l\u01b0\u1ee1ng v\u00e0 ti\u00eau chu\u1ea9n ho\u00e1 t\u00e0i li\u1ec7u l\u00e0 y\u1ebfu t\u1ed1 quy\u1ebft \u0111\u1ecbnh \u0111\u1ec3 r\u00fat ng\u1eafn v\u00f2ng \u0111\u00e0m ph\u00e1n v\u00e0 t\u0103ng \u0111\u1ed9 tin c\u1eady.<\/p>\n
B\u00e0i vi\u1ebft n\u00e0y d\u00e0nh cho b\u1ea1n \u2014 ng\u01b0\u1eddi ph\u1ee5 tr\u00e1ch ph\u00e1p ch\u1ebf, nh\u00e2n s\u1ef1 ho\u1eb7c compliance \u2014 cung c\u1ea5p m\u1ed9t l\u1ed9 tr\u00ecnh th\u1ef1c t\u1ebf v\u1ec1 ph\u00e1p l\u00fd startup<\/strong>: t\u1eeb kh\u00e1i ni\u1ec7m n\u1ec1n t\u1ea3ng v\u00e0 c\u00e1c b\u01b0\u1edbc th\u00e0nh l\u1eadp, \u0111\u1ebfn b\u1ea3o h\u1ed9 s\u1edf h\u1eefu tr\u00ed tu\u1ec7, so\u1ea1n th\u1ea3o th\u1ecfa thu\u1eadn nh\u00e0 s\u00e1ng l\u1eadp v\u00e0 c\u1ed5 \u0111\u00f4ng, c\u0169ng nh\u01b0 checklist due diligence, term sheet v\u00e0 h\u1ee3p \u0111\u1ed3ng \u0111\u1ea7u t\u01b0. \u0110\u1ed3ng th\u1eddi gi\u1edbi thi\u1ec7u c\u00e1ch t\u1eadn d\u1ee5ng t\u1ef1 \u0111\u1ed9ng h\u00f3a t\u00e0i li\u1ec7u v\u00e0 m\u1eabu h\u1ee3p \u0111\u1ed3ng \u0111\u1ec3 chu\u1ea9n ho\u00e1 h\u1ee3p \u0111\u1ed3ng, thi\u1ebft l\u1eadp data room nhanh ch\u00f3ng v\u00e0 gi\u1ea3m thi\u1ec3u sai s\u00f3t trong m\u1ed7i v\u00f2ng g\u1ecdi v\u1ed1n.<\/p>\n Ph\u00e1p l\u00fd startup l\u00e0 g\u00ec?<\/strong> Ph\u00e1p l\u00fd startup bao g\u1ed3m to\u00e0n b\u1ed9 c\u00e1c v\u1ea5n \u0111\u1ec1 ph\u00e1p l\u00fd m\u00e0 m\u1ed9t doanh nghi\u1ec7p kh\u1edfi nghi\u1ec7p c\u1ea7n quan t\u00e2m trong qu\u00e1 tr\u00ecnh h\u00ecnh th\u00e0nh, v\u1eadn h\u00e0nh v\u00e0 ph\u00e1t tri\u1ec3n: t\u1eeb ch\u1ecdn m\u00f4 h\u00ecnh kinh doanh, th\u00e0nh l\u1eadp c\u00f4ng ty, b\u1ea3o h\u1ed9 s\u1edf h\u1eefu tr\u00ed tu\u1ec7, qu\u1ea3n tr\u1ecb n\u1ed9i b\u1ed9 \u0111\u1ebfn g\u1ecdi v\u1ed1n v\u00e0 tu\u00e2n th\u1ee7 quy \u0111\u1ecbnh.<\/p>\n V\u1edbi vai tr\u00f2 l\u00e0 ng\u01b0\u1eddi ph\u1ee5 tr\u00e1ch ph\u00e1p l\u00fd, b\u1ea1n c\u1ea7n nh\u00ecn nh\u1eadn ph\u00e1p l\u00fd startup kh\u00f4ng ch\u1ec9 l\u00e0 th\u1ee7 t\u1ee5c h\u00e0nh ch\u00ednh m\u00e0 l\u00e0 c\u00f4ng c\u1ee5 qu\u1ea3n tr\u1ecb r\u1ee7i ro v\u00e0 t\u1ea1o ni\u1ec1m tin cho nh\u00e0 \u0111\u1ea7u t\u01b0, kh\u00e1ch h\u00e0ng v\u00e0 \u0111\u1ed1i t\u00e1c. Nh\u1eefng v\u1ea5n \u0111\u1ec1 th\u01b0\u1eddng g\u1eb7p: ph\u00e2n chia c\u1ed5 ph\u1ea7n nh\u00e0 s\u00e1ng l\u1eadp, chuy\u1ec3n nh\u01b0\u1ee3ng c\u1ed5 ph\u1ea7n, b\u1ea3o h\u1ed9 b\u1ea3n quy\u1ec1n ph\u1ea7n m\u1ec1m, h\u1ee3p \u0111\u1ed3ng lao \u0111\u1ed9ng, v\u00e0 \u0111i\u1ec1u ki\u1ec7n g\u1ecdi v\u1ed1n theo quy \u0111\u1ecbnh v\u1ec1 startup \u1edf Vi\u1ec7t Nam.<\/p>\n L\u1ef1a ch\u1ecdn gi\u1eefa C\u00f4ng ty TNHH (m\u1ed9t ho\u1eb7c hai th\u00e0nh vi\u00ean) v\u00e0 C\u00f4ng ty c\u1ed5 ph\u1ea7n c\u00f3 \u1ea3nh h\u01b0\u1edfng t\u1edbi huy \u0111\u1ed9ng v\u1ed1n, ph\u00e1t h\u00e0nh c\u1ed5 ph\u1ea7n, c\u1ed5 \u0111\u00f4ng v\u00e0 c\u01a1 ch\u1ebf chuy\u1ec3n nh\u01b0\u1ee3ng. V\u1edbi startup c\u00f3 k\u1ebf ho\u1ea1ch g\u1ecdi v\u1ed1n nhi\u1ec1u v\u00f2ng, m\u00f4 h\u00ecnh c\u00f4ng ty c\u1ed5 ph\u1ea7n th\u01b0\u1eddng linh ho\u1ea1t h\u01a1n.<\/p>\n C\u00e1c b\u01b0\u1edbc c\u01a1 b\u1ea3n: \u0111\u0103ng k\u00fd gi\u1ea5y ph\u00e9p kinh doanh, so\u1ea1n \u0111i\u1ec1u l\u1ec7 c\u00f4ng ty, \u0111\u0103ng k\u00fd m\u00e3 s\u1ed1 thu\u1ebf, k\u00ea khai v\u1edbi c\u01a1 quan b\u1ea3o hi\u1ec3m x\u00e3 h\u1ed9i v\u00e0 m\u1edf t\u00e0i kho\u1ea3n ng\u00e2n h\u00e0ng doanh nghi\u1ec7p.<\/p>\n Danh s\u00e1ch ki\u1ec3m tra nhanh:<\/strong><\/p>\n \u0110\u00e2y l\u00e0 nh\u1eefng b\u01b0\u1edbc c\u01a1 b\u1ea3n khi th\u00e0nh l\u1eadp c\u00f4ng ty cho startup<\/strong>. T\u00f9y l\u0129nh v\u1ef1c (c\u00f4ng ngh\u1ec7, fintech, y t\u1ebf…) c\u00f3 th\u1ec3 c\u1ea7n gi\u1ea5y ph\u00e9p chuy\u00ean ng\u00e0nh.<\/p>\n – B\u1ea3n quy\u1ec1n ph\u1ea7n m\u1ec1m: b\u1ea3o v\u1ec7 m\u00e3 ngu\u1ed3n, giao di\u1ec7n v\u00e0 t\u00e0i li\u1ec7u.<\/p>\n – Nh\u00e3n hi\u1ec7u (brand): \u0111\u0103ng k\u00fd \u0111\u1ec3 b\u1ea3o v\u1ec7 t\u00ean v\u00e0 logo tr\u00ean th\u1ecb tr\u01b0\u1eddng.<\/p>\n – B\u1eb1ng s\u00e1ng ch\u1ebf: \u00e1p d\u1ee5ng cho gi\u1ea3i ph\u00e1p k\u1ef9 thu\u1eadt m\u1edbi, \u00edt g\u1eb7p \u1edf nhi\u1ec1u startup ph\u1ea7n m\u1ec1m nh\u01b0ng c\u1ea7n xem x\u00e9t n\u1ebfu c\u00f3 y\u1ebfu t\u1ed1 s\u00e1ng ch\u1ebf.<\/p>\n – B\u00ed m\u1eadt kinh doanh: quy tr\u00ecnh, d\u1eef li\u1ec7u kh\u00e1ch h\u00e0ng, thu\u1eadt to\u00e1n ch\u01b0a c\u00f4ng b\u1ed1.<\/p>\n L\u01b0u \u00fd th\u1ef1c t\u1ebf:<\/strong><\/p>\n H\u1ec7 th\u1ed1ng ho\u00e1 t\u00e0i li\u1ec7u: m\u00e3 ngu\u1ed3n, h\u1ee3p \u0111\u1ed3ng v\u1edbi nh\u00e0 ph\u00e1t tri\u1ec3n, l\u1ecbch s\u1eed commit v\u00e0 quy tr\u00ecnh qu\u1ea3n l\u00fd m\u00e3 s\u1ebd l\u00e0 b\u1eb1ng ch\u1ee9ng quan tr\u1ecdng trong th\u1ee7 t\u1ee5c b\u1ea3o h\u1ed9 ho\u1eb7c tranh ch\u1ea5p.<\/p>\n Th\u1ecfa thu\u1eadn nh\u00e0 s\u00e1ng l\u1eadp (Founders Agreement) v\u00e0 th\u1ecfa thu\u1eadn c\u1ed5 \u0111\u00f4ng (Shareholders Agreement) l\u00e0 x\u01b0\u01a1ng s\u1ed1ng qu\u1ea3n tr\u1ecb doanh nghi\u1ec7p. C\u00e1c \u0111i\u1ec1u kho\u1ea3n quan tr\u1ecdng n\u00ean c\u00f3:<\/p>\n Tham kh\u1ea3o m\u1eabu th\u1ecfa thu\u1eadn c\u1ed5 \u0111\u00f4ng \u0111\u1ec3 so\u1ea1n th\u1ea3o ph\u00f9 h\u1ee3p: M\u1eabu Shareholder Agreement<\/a>.<\/p>\n Khi chuy\u1ec3n nh\u01b0\u1ee3ng c\u1ed5 ph\u1ea7n ho\u1eb7c huy \u0111\u1ed9ng nh\u00e0 \u0111\u1ea7u t\u01b0 mua c\u1ed5 ph\u1ea7n, c\u1ea7n h\u1ee3p \u0111\u1ed3ng mua b\u00e1n c\u1ed5 ph\u1ea7n r\u00f5 r\u00e0ng v\u1ec1 gi\u00e1, \u0111i\u1ec1u ki\u1ec7n \u0111\u00f3ng g\u00f3p v\u1ed1n v\u00e0 b\u1ea3o \u0111\u1ea3m ph\u00e1p l\u00fd. M\u1eabu tham kh\u1ea3o: Stock Purchase Agreement<\/a>.<\/p>\n Startup th\u01b0\u1eddng s\u1eed d\u1ee5ng nhi\u1ec1u c\u00f4ng c\u1ee5 kh\u00e1c nhau: v\u1ed1n c\u1ed5 ph\u1ea7n, SAFE, convertible loan. M\u1ed7i c\u00f4ng c\u1ee5 c\u00f3 h\u1ec7 qu\u1ea3 ph\u00e1p l\u00fd v\u00e0 thu\u1ebf kh\u00e1c nhau: <\/p>\n M\u1eb9o th\u1ef1c t\u1ebf:<\/strong> Chu\u1ea9n b\u1ecb tr\u01b0\u1edbc m\u1ed9t data room v\u1edbi c\u00e1c t\u00e0i li\u1ec7u tr\u00ean s\u1ebd r\u00fat ng\u1eafn th\u1eddi gian g\u1ecdi v\u1ed1n v\u00e0 t\u0103ng \u0111\u1ed9 tin c\u1eady v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0. Trong m\u1ed9t s\u1ed1 giao d\u1ecbch c\u1ea7n s\u1eed d\u1ee5ng c\u01a1 ch\u1ebf k\u00fd qu\u1ef9\/escrow \u0111\u1ec3 b\u1ea3o \u0111\u1ea3m thanh to\u00e1n \u2014 tham kh\u1ea3o: M\u1eabu Escrow Agreement<\/a>.<\/p>\n N\u1ebfu c\u1ea7n t\u01b0 v\u1ea5n ph\u00e1p l\u00fd startup v\u1ec1 c\u1ea5u tr\u00fac giao d\u1ecbch, \u0111i\u1ec1u kho\u1ea3n b\u1ea3o v\u1ec7 nh\u00e0 s\u00e1ng l\u1eadp, ho\u1eb7c chu\u1ea9n b\u1ecb due diligence, vi\u1ec7c tham v\u1ea5n lu\u1eadt s\u01b0 chuy\u00ean v\u1ec1 lu\u1eadt startup v\u00e0 quy \u0111\u1ecbnh v\u1ec1 startup \u1edf Vi\u1ec7t Nam s\u1ebd gi\u00fap gi\u1ea3m r\u1ee7i ro v\u00e0 t\u1ed1i \u01b0u ho\u00e1 k\u1ebft qu\u1ea3 g\u1ecdi v\u1ed1n.<\/p>\n T\u00f3m l\u1ea1i, chu\u1ea9n b\u1ecb ph\u00e1p l\u00fd k\u1ef9 l\u01b0\u1ee1ng l\u00e0 y\u1ebfu t\u1ed1 then ch\u1ed1t \u0111\u1ec3 startup r\u00fat ng\u1eafn qu\u00e1 tr\u00ecnh g\u1ecdi v\u1ed1n v\u00e0 gi\u1ea3m thi\u1ec3u r\u1ee7i ro. B\u00e0i vi\u1ebft \u0111\u00e3 n\u00eau c\u00e1c kh\u00e1i ni\u1ec7m n\u1ec1n t\u1ea3ng v\u1ec1 ph\u00e1p l\u00fd startup, c\u00e1c b\u01b0\u1edbc th\u00e0nh l\u1eadp (bao g\u1ed3m l\u1ef1a ch\u1ecdn m\u00f4 h\u00ecnh doanh nghi\u1ec7p nh\u01b0 c\u00f4ng ty c\u1ed5 ph\u1ea7n hay TNHH), nh\u1eefng bi\u1ec7n ph\u00e1p b\u1ea3o h\u1ed9 s\u1edf h\u1eefu tr\u00ed tu\u1ec7 (b\u1ea3n quy\u1ec1n ph\u1ea7n m\u1ec1m, nh\u00e3n hi\u1ec7u, b\u00ed m\u1eadt kinh doanh), c\u00f9ng n\u1ed9i dung c\u1ea7n c\u00f3 trong th\u1ecfa thu\u1eadn nh\u00e0 s\u00e1ng l\u1eadp, th\u1ecfa thu\u1eadn c\u1ed5 \u0111\u00f4ng v\u00e0 h\u1ee3p \u0111\u1ed3ng mua b\u00e1n c\u1ed5 ph\u1ea7n. \u0110\u1ed3ng th\u1eddi, b\u1ea1n c\u1ea7n chu\u1ea9n b\u1ecb term sheet r\u00f5 r\u00e0ng, checklist due diligence v\u00e0 data room chu\u1ea9n ho\u00e1 \u0111\u1ec3 t\u0103ng \u0111\u1ed9 tin c\u1eady v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0.<\/p>\n Th\u1ef1c ti\u1ec5n cho th\u1ea5y vi\u1ec7c \u00e1p d\u1ee5ng m\u1eabu h\u1ee3p \u0111\u1ed3ng, c\u01a1 ch\u1ebf vesting, quy\u1ec1n mua tr\u01b0\u1edbc\/tag\u2011along\/drag\u2011along v\u00e0 s\u1eed d\u1ee5ng c\u00f4ng c\u1ee5 nh\u01b0 SAFE ho\u1eb7c convertible loan \u0111\u1ec1u ph\u1ea3i c\u00e2n nh\u1eafc v\u1ec1 h\u1ec7 qu\u1ea3 ph\u00e1p l\u00fd v\u00e0 thu\u1ebf. N\u1ebfu mu\u1ed1n t\u1ed1i \u01b0u ho\u00e1 c\u1ea5u tr\u00fac giao d\u1ecbch, gi\u1ea3m r\u1ee7i ro v\u00e0 chu\u1ea9n ho\u00e1 t\u00e0i li\u1ec7u (m\u1eabu h\u1ee3p \u0111\u1ed3ng, h\u1ee3p \u0111\u1ed3ng nh\u00e0 s\u00e1ng l\u1eadp, th\u1ecfa thu\u1eadn c\u1ed5 \u0111\u00f4ng), h\u00e3y li\u00ean h\u1ec7 TLS Firm \u0111\u1ec3 \u0111\u01b0\u1ee3c t\u01b0 v\u1ea5n chuy\u00ean s\u00e2u v\u00e0 nh\u1eadn h\u1ed7 tr\u1ee3 so\u1ea1n th\u1ea3o ph\u00e1p l\u00fd cho startup. Xem chi ti\u1ebft d\u1ecbch v\u1ee5 t\u1ea1i: https:\/\/tlsfirm.com\/<\/p>\n T\u1eeb kho\u00e1 li\u00ean quan: ph\u00e1p l\u00fd startup, th\u00e0nh l\u1eadp c\u00f4ng ty cho startup, b\u1ea3o v\u1ec7 s\u1edf h\u1eefu tr\u00ed tu\u1ec7, term sheet, due diligence, th\u1ecfa thu\u1eadn c\u1ed5 \u0111\u00f4ng, m\u1eabu h\u1ee3p \u0111\u1ed3ng.<\/p>\n Ph\u00e1p l\u00fd startup l\u00e0 t\u1eadp h\u1ee3p c\u00e1c v\u1ea5n \u0111\u1ec1 ph\u00e1p l\u00fd doanh nghi\u1ec7p kh\u1edfi nghi\u1ec7p ph\u1ea3i qu\u1ea3n l\u00fd trong qu\u00e1 tr\u00ecnh h\u00ecnh th\u00e0nh v\u00e0 ph\u00e1t tri\u1ec3n, bao g\u1ed3m th\u00e0nh l\u1eadp c\u00f4ng ty, b\u1ea3o h\u1ed9 s\u1edf h\u1eefu tr\u00ed tu\u1ec7, th\u1ecfa thu\u1eadn nh\u00e0 s\u00e1ng l\u1eadp v\u00e0 tu\u00e2n th\u1ee7 quy \u0111\u1ecbnh. M\u1ee5c ti\u00eau l\u00e0 qu\u1ea3n tr\u1ecb r\u1ee7i ro, b\u1ea3o v\u1ec7 t\u00e0i s\u1ea3n tr\u00ed tu\u1ec7 v\u00e0 t\u1ea1o ni\u1ec1m tin cho nh\u00e0 \u0111\u1ea7u t\u01b0.<\/p>\n \u0110\u1ec3 th\u00e0nh l\u1eadp startup c\u1ea7n h\u1ed3 s\u01a1 \u0111\u0103ng k\u00fd doanh nghi\u1ec7p (Gi\u1ea5y \u0111\u1ec1 ngh\u1ecb, \u0110i\u1ec1u l\u1ec7 c\u00f4ng ty), x\u00e1c \u0111\u1ecbnh v\u1ed1n \u0111i\u1ec1u l\u1ec7 v\u00e0 c\u01a1 c\u1ea5u c\u1ed5 ph\u1ea7n, \u0111\u0103ng k\u00fd m\u00e3 s\u1ed1 thu\u1ebf v\u00e0 h\u1ed3 s\u01a1 b\u1ea3o hi\u1ec3m x\u00e3 h\u1ed9i n\u1ebfu c\u00f3 nh\u00e2n s\u1ef1. T\u00f9y l\u0129nh v\u1ef1c c\u00f3 th\u1ec3 c\u1ea7n th\u00eam gi\u1ea5y ph\u00e9p chuy\u00ean ng\u00e0nh v\u00e0 t\u00e0i li\u1ec7u n\u1ed9i b\u1ed9 nh\u01b0 h\u1ee3p \u0111\u1ed3ng lao \u0111\u1ed9ng, th\u1ecfa thu\u1eadn nh\u00e0 s\u00e1ng l\u1eadp.<\/p>\n B\u1ea3o v\u1ec7 \u00fd t\u01b0\u1edfng v\u00e0 s\u1ea3n ph\u1ea9m c\u1ea7n k\u1ebft h\u1ee3p \u0111\u0103ng k\u00fd nh\u00e3n hi\u1ec7u, \u0111\u0103ng k\u00fd b\u1ea3n quy\u1ec1n ph\u1ea7n m\u1ec1m (n\u1ebfu c\u00f3), c\u00e2n nh\u1eafc b\u1eb1ng s\u00e1ng ch\u1ebf cho gi\u1ea3i ph\u00e1p k\u1ef9 thu\u1eadt v\u00e0 duy tr\u00ec b\u00ed m\u1eadt kinh doanh. Ngo\u00e0i ra, s\u1eed d\u1ee5ng NDA, h\u1ee3p \u0111\u1ed3ng chuy\u1ec3n giao quy\u1ec1n t\u00e1c gi\u1ea3 v\u00e0 qu\u1ea3n l\u00fd m\u00e3 ngu\u1ed3n, l\u1ecbch s\u1eed commit s\u1ebd l\u00e0 b\u1eb1ng ch\u1ee9ng quan tr\u1ecdng khi x\u1ea3y ra tranh ch\u1ea5p.<\/p>\n Khi g\u1ecdi v\u1ed1n, startup c\u1ea7n chu\u1ea9n b\u1ecb term sheet r\u00f5 r\u00e0ng, cap table minh b\u1ea1ch, h\u1ed3 s\u01a1 due diligence \u0111\u1ea7y \u0111\u1ee7 v\u00e0 c\u01a1 ch\u1ebf b\u1ea3o v\u1ec7 nh\u00e0 s\u00e1ng l\u1eadp (vesting, tag\u2011along\/drag\u2011along, quy\u1ec1n \u01b0u ti\u00ean). C\u1ea7n hi\u1ec3u h\u1ec7 qu\u1ea3 ph\u00e1p l\u00fd v\u00e0 thu\u1ebf c\u1ee7a c\u00f4ng c\u1ee5 v\u1ed1n (SAFE, convertible loan, c\u1ed5 ph\u1ea7n) v\u00e0 c\u00e2n nh\u1eafc s\u1eed d\u1ee5ng escrow n\u1ebfu c\u1ea7n \u0111\u1ea3m b\u1ea3o thanh to\u00e1n.<\/p>\n L\u1ef1a ch\u1ecdn gi\u1eefa C\u00f4ng ty TNHH v\u00e0 C\u00f4ng ty c\u1ed5 ph\u1ea7n ph\u1ee5 thu\u1ed9c v\u00e0o k\u1ebf ho\u1ea1ch huy \u0111\u1ed9ng v\u1ed1n: c\u00f4ng ty c\u1ed5 ph\u1ea7n th\u01b0\u1eddng linh ho\u1ea1t h\u01a1n cho nhi\u1ec1u v\u00f2ng g\u1ecdi v\u1ed1n v\u00e0 ph\u00e1t h\u00e0nh c\u1ed5 ph\u1ea7n. Tuy nhi\u00ean, v\u1edbi m\u00f4 h\u00ecnh nh\u1ecf, \u00edt nh\u00e0 s\u00e1ng l\u1eadp, TNHH c\u00f3 th\u1ec3 \u0111\u01a1n gi\u1ea3n h\u01a1n; h\u00e3y c\u00e2n nh\u1eafc m\u1ee5c ti\u00eau g\u1ecdi v\u1ed1n v\u00e0 c\u01a1 c\u1ea5u s\u1edf h\u1eefu khi quy\u1ebft \u0111\u1ecbnh.<\/p>","protected":false},"excerpt":{"rendered":" Gi\u1edbi thi\u1ec7u Trong cu\u1ed9c \u0111ua g\u1ecdi v\u1ed1n, ch\u1ec9 m\u1ed9t l\u1ed7 h\u1ed5ng trong h\u1ed3 s\u01a1 ho\u1eb7c m\u1ed9t \u0111i\u1ec1u kho\u1ea3n b\u1ea5t h\u1ee3p l\u00fd tr\u00ean term sheet c\u00f3 th\u1ec3 khi\u1ebfn th\u01b0\u01a1ng v\u1ee5 k\u00e9o d\u00e0i, \u0111\u1ed5 v\u1ee1 ho\u1eb7c nh\u00e0 \u0111\u1ea7u t\u01b0 r\u1eddi \u0111i. T\u1eeb vi\u1ec7c kh\u00f4ng r\u00f5 r\u00e0ng v\u1ec1 cap table, quy\u1ec1n s\u1edf h\u1eefu tr\u00ed tu\u1ec7 ch\u01b0a \u0111\u01b0\u1ee3c b\u1ea3o … Read more<\/a><\/p>","protected":false},"author":3,"featured_media":1002229,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","slim_seo":{"title":"Chu\u1ea9n b\u1ecb ph\u00e1p l\u00fd khi g\u1ecdi v\u1ed1n cho startup: Term sheet, due diligence v\u00e0 h\u1ee3p \u0111\u1ed3ng \u0111\u1ea7u t\u01b0 - TLS Firm","description":"Gi\u1edbi thi\u1ec7u Trong cu\u1ed9c \u0111ua g\u1ecdi v\u1ed1n, ch\u1ec9 m\u1ed9t l\u1ed7 h\u1ed5ng trong h\u1ed3 s\u01a1 ho\u1eb7c m\u1ed9t \u0111i\u1ec1u kho\u1ea3n b\u1ea5t h\u1ee3p l\u00fd tr\u00ean term sheet c\u00f3 th\u1ec3 khi\u1ebfn th\u01b0\u01a1ng v\u1ee5 k\u00e9o d\u00e0i, \u0111\u1ed5 v\u1ee1 ho\u1eb7c nh\u00e0 \u0111\u1ea7u"},"footnotes":""},"categories":[75],"tags":[1411,1413,1407,1408,1415,1410,1412,1409],"class_list":["post-1002228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-luat-doanh-nghiep-va-quan-tri-cate","tag-bao-ve-so-huu-tri-tue-cho-startup","tag-dang-ky-nhan-hieu-cho-startup","tag-luat-startup","tag-phap-ly-cho-startup","tag-term-sheet-va-due-diligence","tag-thanh-lap-cong-ty-cho-startup","tag-thoa-thuan-co-phan-va-vesting-cho-founders","tag-tu-van-phap-ly-startup"],"uagb_featured_image_src":{"full":["https:\/\/tlsfirm.com\/wp-content\/uploads\/2025\/08\/pexels-photo-6863330.jpeg",1200,627,false],"thumbnail":["https:\/\/tlsfirm.com\/wp-content\/uploads\/2025\/08\/pexels-photo-6863330-150x150.jpeg",150,150,true],"medium":["https:\/\/tlsfirm.com\/wp-content\/uploads\/2025\/08\/pexels-photo-6863330-300x157.jpeg",300,157,true],"medium_large":["https:\/\/tlsfirm.com\/wp-content\/uploads\/2025\/08\/pexels-photo-6863330-768x401.jpeg",768,401,true],"large":["https:\/\/tlsfirm.com\/wp-content\/uploads\/2025\/08\/pexels-photo-6863330-1024x535.jpeg",1024,535,true],"1536x1536":["https:\/\/tlsfirm.com\/wp-content\/uploads\/2025\/08\/pexels-photo-6863330.jpeg",1200,627,false],"2048x2048":["https:\/\/tlsfirm.com\/wp-content\/uploads\/2025\/08\/pexels-photo-6863330.jpeg",1200,627,false],"trp-custom-language-flag":["https:\/\/tlsfirm.com\/wp-content\/uploads\/2025\/08\/pexels-photo-6863330-18x9.jpeg",18,9,true]},"uagb_author_info":{"display_name":"Tam Ho","author_link":"https:\/\/tlsfirm.com\/en\/author\/tam-ho\/"},"uagb_comment_info":0,"uagb_excerpt":"Gi\u1edbi thi\u1ec7u Trong cu\u1ed9c \u0111ua g\u1ecdi v\u1ed1n, ch\u1ec9 m\u1ed9t l\u1ed7 h\u1ed5ng trong h\u1ed3 s\u01a1 ho\u1eb7c m\u1ed9t \u0111i\u1ec1u kho\u1ea3n b\u1ea5t h\u1ee3p l\u00fd tr\u00ean term sheet c\u00f3 th\u1ec3 khi\u1ebfn th\u01b0\u01a1ng v\u1ee5 k\u00e9o d\u00e0i, \u0111\u1ed5 v\u1ee1 ho\u1eb7c nh\u00e0 \u0111\u1ea7u t\u01b0 r\u1eddi \u0111i. T\u1eeb vi\u1ec7c kh\u00f4ng r\u00f5 r\u00e0ng v\u1ec1 cap table, quy\u1ec1n s\u1edf h\u1eefu tr\u00ed tu\u1ec7 ch\u01b0a \u0111\u01b0\u1ee3c b\u1ea3o…","_links":{"self":[{"href":"https:\/\/tlsfirm.com\/en\/wp-json\/wp\/v2\/posts\/1002228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tlsfirm.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tlsfirm.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tlsfirm.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/tlsfirm.com\/en\/wp-json\/wp\/v2\/comments?post=1002228"}],"version-history":[{"count":1,"href":"https:\/\/tlsfirm.com\/en\/wp-json\/wp\/v2\/posts\/1002228\/revisions"}],"predecessor-version":[{"id":1002230,"href":"https:\/\/tlsfirm.com\/en\/wp-json\/wp\/v2\/posts\/1002228\/revisions\/1002230"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tlsfirm.com\/en\/wp-json\/wp\/v2\/media\/1002229"}],"wp:attachment":[{"href":"https:\/\/tlsfirm.com\/en\/wp-json\/wp\/v2\/media?parent=1002228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tlsfirm.com\/en\/wp-json\/wp\/v2\/categories?post=1002228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tlsfirm.com\/en\/wp-json\/wp\/v2\/tags?post=1002228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Kh\u00e1i ni\u1ec7m ph\u00e1p l\u00fd v\u1ec1 startup<\/h2>\n
C\u00e1c b\u01b0\u1edbc ph\u00e1p l\u00fd khi th\u00e0nh l\u1eadp startup<\/h2>\n
1. Ch\u1ecdn m\u00f4 h\u00ecnh ph\u00e1p l\u00fd ph\u00f9 h\u1ee3p<\/h4>\n<\/p>\n
2. H\u1ed3 s\u01a1 v\u00e0 \u0111\u0103ng k\u00fd<\/h4>\n<\/p>\n
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B\u1ea3o h\u1ed9 s\u1edf h\u1eefu tr\u00ed tu\u1ec7 cho s\u1ea3n ph\u1ea9m startup<\/h2>\n
Nh\u1eefng lo\u1ea1i quy\u1ec1n c\u1ea7n c\u00e2n nh\u1eafc<\/h4>\n<\/p>\n
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Chu\u1ea9n b\u1ecb h\u1ee3p \u0111\u1ed3ng, th\u1ecfa thu\u1eadn nh\u00e0 s\u00e1ng l\u1eadp v\u00e0 c\u1ed5 \u0111\u00f4ng<\/h2>\n
Nh\u1eefng th\u1ecfa thu\u1eadn c\u1ea7n c\u00f3 s\u1edbm<\/h4>\n<\/p>\n
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H\u1ee3p \u0111\u1ed3ng chuy\u1ec3n nh\u01b0\u1ee3ng, mua b\u00e1n c\u1ed5 ph\u1ea7n<\/h4>\n<\/p>\n
L\u01b0u \u00fd ph\u00e1p l\u00fd khi g\u1ecdi v\u1ed1n v\u00e0 due diligence<\/h2>\n
C\u00f4ng c\u1ee5 g\u1ecdi v\u1ed1n ph\u1ed5 bi\u1ebfn<\/h4>\n<\/p>\n
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Due diligence \u2014 checklist ng\u1eafn<\/h4>\n<\/p>\n
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T\u00f3m g\u1ecdn<\/h2>\n
FAQs<\/h2>\n
Ph\u00e1p l\u00fd startup l\u00e0 g\u00ec?<\/h3>\n
C\u1ea7n nh\u1eefng gi\u1ea5y t\u1edd ph\u00e1p l\u00fd g\u00ec \u0111\u1ec3 th\u00e0nh l\u1eadp startup?<\/h3>\n
L\u00e0m sao \u0111\u1ec3 b\u1ea3o v\u1ec7 \u00fd t\u01b0\u1edfng ho\u1eb7c s\u1ea3n ph\u1ea9m c\u1ee7a startup?<\/h3>\n
Startup c\u1ea7n l\u01b0u \u00fd g\u00ec khi g\u1ecdi v\u1ed1n t\u1eeb nh\u00e0 \u0111\u1ea7u t\u01b0?<\/h3>\n
N\u00ean ch\u1ecdn lo\u1ea1i h\u00ecnh doanh nghi\u1ec7p n\u00e0o cho startup?<\/h3>\n