Hello, Lawnet would like vtv2 trực tiếp bóng đá hôm nay answer the following:
Similarities
- They all have legal status from the time they are granted the Certificate of Business Registration.
- Company members and company owners have limited liability vtv2 trực tiếp bóng đá hôm nay the extent of their contributed capital.
- Members of one member limited liability companies and two or more member limited liability companies can both be organizations or individuals.
- They are not allowed vtv2 trực tiếp bóng đá hôm nay issue shares, except for conversion into a joint stock company.
- All bonds are issued vtv2 trực tiếp bóng đá hôm nay raise capital.
- It is not required vtv2 trực tiếp bóng đá hôm nay set up a supervisory board.
- Both can adjust the increase or decrease in charter capital. Accordingly, the reduction of charter capital can only be done after 02 years from the date the company is granted the business registration certificate and meets specific conditions (unless a member of the company fails vtv2 trực tiếp bóng đá hôm nay pay in full and on time the charter capital of the company within 90 days from the date of registration of the establishment of the company).
Differrences
Criteria |
Single-member limited liability company |
Multi-member limited liability companies |
No. of members |
A single-member limited liability company is an enterprise owned by a single organization or individual (Article 74Law on Enterprises 2020) |
A multiple-member limited liability company means an enterprise that has 02 – 50 members that are organizations or individuals (Article 46Law on Enterprises 2020) |
Procedure for increasing, decreasing charter capital |
According vtv2 trực tiếp bóng đá hôm nay Article 87Law on Enterprises 2020, A single-member limited liability company may increase its charter capital when its owner contributes capital or raises capital from other persons. The owner shall decide on the specific increase and the method. - In case of raising capital from other persons, the company shall be converted into a multiple-member limited liability company or joint stock company. - A single-member limited liability company may decrease its charter capital in the following cases: + Part of the contributed capital is returned vtv2 trực tiếp bóng đá hôm nay the company’s owner after the company has operated for at least 02 consecutive years from the enterprise registration date and the company is able vtv2 trực tiếp bóng đá hôm nay fully pay its debts and other liabilities after the return of capital; + Charter capital is not fully and punctually contributed by the owner as prescribed in Article 75 of this Law. |
According vtv2 trực tiếp bóng đá hôm nay Article 68Law on Enterprises 2020, a company may increase its charter capital in the following cases: = Increase in the members’ capital contribution; = Receipt of capital contribution from new members. - In case of increase in the members’ capital contribution, the increase will be distributed among the members in proportion vtv2 trực tiếp bóng đá hôm nay their holdings in the company. - A company may decrease its charter capital in the following cases: = The company returns part of the contributed capital vtv2 trực tiếp bóng đá hôm nay the members in proportion vtv2 trực tiếp bóng đá hôm nay their holdings in the company after the company has operated for at least 02 consecutive years from the enterprise registration date and the company is able vtv2 trực tiếp bóng đá hôm nay fully pay its debts and other liabilities after the return of capital; = The company repurchases the members’ stakes; = Charter capital is not fully and punctually contributed by the members. |
Transfer of stakes |
The company owner has the full right vtv2 trực tiếp bóng đá hôm nay transfer and dispose of all or part of the charter capital of the company (Article 76Law on Enterprises 2020) |
- If a member of the company wishes vtv2 trực tiếp bóng đá hôm nay transfer his/her contributed capital vtv2 trực tiếp bóng đá hôm nay another person, he/she must offer vtv2 trực tiếp bóng đá hôm nay sell that portion of the capital vtv2 trực tiếp bóng đá hôm nay the remaining members. - The rest of the members have priority vtv2 trực tiếp bóng đá hôm nay buy within 30 days from the date of offering and if the remaining members do not buy, that member has the right vtv2 trực tiếp bóng đá hôm nay transfer vtv2 trực tiếp bóng đá hôm nay a third party with the same terms and conditions as offered vtv2 trực tiếp bóng đá hôm nay the remaining members. (Article 52Law on Enterprises 2020) |
Organization structure |
- It is not required vtv2 trực tiếp bóng đá hôm nay have a Board of Members - A single-member limited liability company owned by an organization shall apply one of the two models below: - A company with a President and the Director/General Director; - A company with a Board of Members and the Director/General Director. (Article 79Law on Enterprises 2020) |
- There is Board of Members, a Chairman of the Board of Members, Director/General Director.(Article 54Law on Enterprises 2020) |
Responsibility regarding stakes |
The owner’s liability for the company’s debts and other liabilities shall be equal vtv2 trực tiếp bóng đá hôm nay the company’s charter capital. (Article 74Law on Enterprises 2020) |
A member’s liability for the enterprise’s debts and other liabilities shall be equal vtv2 trực tiếp bóng đá hôm nay the amount of capital that member contributed vtv2 trực tiếp bóng đá hôm nay the enterprise. (Article 46Law on Enterprises 2020) |
Single-member limited liability company
Pros
- Less risk vtv2 trực tiếp bóng đá hôm nay the owner because he is only responsible for the company's activities within the amount of capital contributed.
- The number of responsible company members is not much, so the management and administration of the company are not too complicated.
- The owner has full authority vtv2 trực tiếp bóng đá hôm nay decide everything related vtv2 trực tiếp bóng đá hôm nay the company's activities.
Cons
- Raising capital will be more difficult than for other types of businesses.
- In case of additional capital contribution, the type of enterprise must be changed.
- Not issuing shares, causing difficulties in raising capital.
Multi-member limited liability companies
Pros
- Less risk vtv2 trực tiếp bóng đá hôm nay capital contributors because they are only responsible for the company's activities within the amount of capital contributed.
- The number of members is large, so it is easier vtv2 trực tiếp bóng đá hôm nay raise capital than a one-member limited company.
- The transfer of capital is strictly regulated within the company, so it is easy vtv2 trực tiếp bóng đá hôm nay control the change of members, limiting the penetration of strangers into the company.
When transferring capital, the capital transfer member must declare and pay personal income tax.
Cons
- The number of members is limited, so it is not possible vtv2 trực tiếp bóng đá hôm nay add or remove members within the scope prescribed by law.
- Not issuing shares, making it difficult vtv2 trực tiếp bóng đá hôm nay raise capital.
Best regards!
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