Joint Stock Company in Vietnam
A JSC is a legal entity formed by at least three founding shareholders. Individuals or organizations can be shareholders in a JSC, and they own many shares that are divided into equal units to make up the company’s charter capital.
Depending on the share subscription of each shareholder to the joint-stock company in Vietnam, these members would be responsible for the firm’s debts and liabilities corresponding only to their amount of capital contributed. It’s also worth noting that, under Vietnam regulations and legislation, a Vietnam joint-stock company is the only commercial entity that has the power to issue shares. We offer a variety of dependable local networks, and experts in each sector will assist you.
Get started
We help you grow your business with expert advice and incubation – start-up, registration, and licensing.
Joint Stock Company registration conditions
The name of a JSC cannot be the same or similar to another existing name, overlap with the name of a governmental agency or other social organization without permission from such entities, or contain symbols or words that are offensive to Vietnamese culture and customs.
Foreign investors who want to start a joint-stock company in Vietnam must first get an Enterprise Registration Certificate (ERC), which is required by Vietnamese legislation.
Timeline
It takes one to three months to incorporate.
Fees
It costs around 21,620 USD. Contact us and request our quote.
Compulsory regulation
At least once a year, the company’s directors must call an Annual General Meeting to provide the annual report on the company’s performance and strategy. An Extraordinary General Meeting, which can be called at any time, can resolve issues that were not resolved during the Annual General Meeting.
A joint-stock corporation must have a chairperson of the management board and a director or general director who will also serve as the firm’s legal representative.
A legal representative who is a foreign national must obtain a work permit, according to Vietnamese law. For a management role, they should additionally be able to demonstrate at least 12-months of work experience.
Documents
List of documents required:
- Form for filing a business registration application;
- The charter of the company;
- List of members of the JSC, including all founding shareholders and foreign investors;
- Copies of proof of identity, such as an ID card or a passport (for individual members);
- Copies of the establishment decision, business registration certificate, or other equivalent documents (for organizational members), and identification documents of the authorized representative;
- Copies of the organizations’ registration paperwork that have been legalized by the consular (for foreign organizations);
- Certificate of Investment Registration (for foreign investors).
Consultation about Joint Stock Company registration
Our consultation services are tailored to assist you with the registration of your Joint Stock Company in Vietnam. Our experienced advisors will support you throughout the entire process, from preparing initial paperwork to acquiring the required permits and registrations. We offer personalized advice on legal obligations, share capital, and corporate structure to help you make well-informed decisions in line with your business objectives.
Ownership management
Being in charge of the ownership of a Joint Stock Company is a task that is both complex and essential. Our services involve managing ownership changes, overseeing beneficial owners, and facilitating ownership transfers. We make sure that all ownership adjustments are correctly recorded and meet the most recent regulations.
Corporate structure changes
As your company grows, your corporate structure may also need to evolve. If you require changes in directors, updates to nominee information, or other adjustments to your structure, we offer thorough services to help make these transitions seamless and effective.
Share capital management
Managing share capital is crucial for the financial well-being of your company. We provide services to assist in enhancing, decreasing, divesting, and transferring share capital while ensuring compliance with legal regulations for all transactions.
Other legal forms in Vietnam
In Vietnam, the four most frequent types of legal entities are:
- Limited Liability Company (LLC),
- Joint-stock Company,
- Incorporated Partnership,
- Representative Office.
Ready for the next step
Accelerate your business growth while we take care of everything else.