COMPARE 4 TYPES

OF COMPANIES
COMPANY LAW
GROUP
2
What Limited liability companies with
2 or more members

we do? One Member Limited Company

For the aim of introduction all types of business

forms (regulated by Law) in comparison, we are
please to introduce some highlights of 4 types of Joint stock company
enterprises, as follows:

Partnerships
 LIMITED LIABILITY PARTNERSHIPS
ONE MEMBER LIMITED JOINT STOCK COMPANY
COMPANIES WITH 2 OR
COMPANY
MORE MEMBERS

Type one: - A General Meeting of All partners shall constitute the

- A Members’ Council,
- A members’ council Partners’ Council. The Partners'
- A chairman of the Members’ - A director/G director Shareholders,
Council shall elect an unlimited
Organizatio Council, and - Inspectors. - A Board of Management, liability partner to be the
- nal and - An Inspection Committee (if chairman of the Partners'
- A Director or General Type two: Council who may concurrently
managerial
- A chairman of the company having more than 11
structure Director. act as the Director or General
- An Inspection Committee; (if - A director/g. Director shareholders ); Director of the company, unless
- Inspectors; otherwise stipulated in the
having more than 11 members) - A chairman of the company - A Director or General
charter of the company.
- A director/general director Director.

Be established with a An organization / individual Owners are shareholders, Have at least 02 members (who
minimum of 2 members buying and owning shares of are individuals) are joint owners
and maximum of 50 the company in proportion to of the Company, doing business
Owner members; a member of a their capital contribution to together under a common name.
company can be an the company.
organization, it can also be
an organization, or an
individual.
 LIMITED LIABILITY PARTNERSHIPS
ONE MEMBER LIMITED JOINT STOCK COMPANY
COMPANIES WITH 2 OR
COMPANY
MORE MEMBERS

2 ways: 2 ways: 3 ways: 6 ways:

- One member limited liability - Borrowing from domestic and
- Firstly, increase the capital company increases its charter  - A joint stock company has foreign organizations and
Ability to contribution of members; capital by making additional the right to issue shares of all individuals
investment by the company - Loans from banks, credit
mobilize - Secondly, to receive capital kinds to increase its charter institutions
capital owner;
contributions from new capital. - Joint venture, association with
- Raising additional capital
members.  - Joint stock companies also other individuals and
contribution from others
organizations
have the right to issue bonds - Get aid
according to the provisions of - Special credit forms.
- Add members to increase the
law to increase loan capital company's charter capital.
 - Joint stock companies can
also mobilize capital from
other individuals and
organizations through
traditional loan forms.
 LIMITED LIABILITY PARTNERSHIPS
ONE MEMBER LIMITED JOINT STOCK COMPANY
COMPANIES WITH 2 OR
COMPANY
MORE MEMBERS

The charter capital of a Charter capital of a one- Charter capital of a joint stock Charter capital in a partnership
limited liability company member limited liability company is the total par value is the total value of assets
with two or more members company at the time of of shares sold of all types. contributed or committed to
Charter upon enterprise registration enterprise registration is Charter capital of a joint-stock contribute by members when
capital is the total value of the the total value of assets company at the time of the partnership is established.
capital contribution that committed to contribute enterprise registration is the
members commit to the by the owner and recorded total par value of shares of all
company. in the company's charter. kinds already registered to buy
and recorded in the company's
charter.

Shares or + A member may be an + Owned by one individual + Shareholders may be + At least 02 members being co-
capital organization or an or one organization organizations or individuals; owners of the company jointly
contributions individual; the number of + Do not issue shares the minimum number of conducting business under one
owning members shall not exceed shareholders is three and common name (hereinafter
ownership & fifty (50) there is no restriction on the referred to as unlimited liability
transferring, + Do not issue shares maximum number partners). In addition to unlimited
issuing shares + Have the right to issue liability partners, the company
or trading shares to raise capital may also have limited liability
securities partners
+ Not issuing any kind of
 LIMITED LIABILITY PARTNERSHIPS
ONE MEMBER LIMITED JOINT STOCK COMPANY
COMPANIES WITH 2 OR
COMPANY
MORE MEMBERS

A two-member limited Total assets the owner Include fixed assets made According to the provisions
commits to contribute to of article 174 of Enterprise
liability company whose is the charter capital of by the company that is Law 2014, the assets of the
private assets is a the limited company at leased by the procurement partnership include:
Company the time of enterprise - The contribution assets of
unified block, separate and assets. the members have been
assets registration (Clause 1,
from the members' transferred ownership to the
Article 74 of the Law on
private assets and company.
Enterprises 2014).
- Establishment assets are
expressed in money named company.
through the concept of - Assets obtained from
business activities by the
capital. members of the company on
the name and from the
business activities of the
company by the members of
the name of individuals.
- Other assets as prescribed
by law.
THANK YOU