Q：What is the minimum amount of charter capital required to set up a limited liability company in Vietnam? A：There is no minimum charter capital requirement for establishing a limited liability company (LLC) in Vietnam under the laws and regulations of Vietnam, except for certain specific sectors (such as banking and real estate sector).
Q：Capital contribution can be made in what kinds of forms in Vietnam? A：According to the Law on Enterprise of Vietnam, the charter capital can be contributed in the form of Vietnamese Dong, freely convertible foreign currencies, gold, land use rights, intellectual property rights, technologies, technical know-how, or other assets which can be valued in currency.
Q：What is the time limit for capital contribution in a Vietnam limited liability company? A：According to the Law on Enterprise of Vietnam, the shareholders of a limited liability company shall fully pay up the subscribed charter capital within 90 days from the date of the issuance of the enterprise registration certificate. However, the foregoing time limit excludes the time needed for transportation or import (in case of fixed assets) and for carrying out administrative procedures for transferring ownership of the assets.
Q：What are the legal consequences for the shareholder’s failure to make capital contribution to a Vietnam limited liability company on time? A：A fine will be imposed if the shareholder fails to fully pay up the subscribed charter capital within 90 days from the date of the issuance of the enterprise registration certificate and no application for extending the time limit for capital contribution has been made. The investment registration certificate of a foreign invested limited liability company might be revoked as a result.
Q：How to apply for the extension of capital contribution period in Vietnam? A：If the shareholder of a Vietnam limited liability company is not able to fully contribute the charter capital within 90 days upon the issuance of the enterprise registration certificate, an application for extending the time limit for capital contribution should be submitted to the competent authorities 30 days prior to the expiration date.
Q：How to contribute the charter capital to a foreign invested limited liability company in Vietnam? A：Foreign investors should remit their subscribed charter capital to the direct investment capital account of the foreign invested limited liability company in Vietnam through their overseas bank account.
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What is the minimum amount of charter capital required to set up a limited liability company in Vietnam? There is no minimum charter capital requirement for establishing a limited liability company (LLC) in Vietnam under the laws and regulations of Vietnam, except for certain specific sectors (such as banking and real estate sector).
Foreign loans not guaranteed by the government may be divided into short-term loans with a maturity of up to 1 year and medium or long-term loans with a maturity exceeding 1 year. Medium or long-term loans must be registered with and approved by the State Bank of Vietnam while short-term loans do not have so such requirement under normal circumstances.
According to Resolution No.198/2025/QH15 adopted by the National Assembly of Vietnam on 17 May 2025, the corporate income tax (CIT) for newly established small and medium-sized enterprises shall be exempted for 3 years from the date of issuance of the first enterprise registration certificate, starting from 17 May 2025.
Joint stock companies (JSC) and limited liability companies (LLC) are two common types of companies in Vietnam. The main differences between JSC and LLC are as follows:Advantages of a JSC: A JSC can issue shares and be listed on the Vietnam stock exchange. It generally has higher reputation and financing capabilities, making it more suitable for large businesses or corporate groups.
