When Does an LLC’s Members’ Council Hold Meetings?

Quick answer: The Members’ Council of a multi-member LLC meets at least once a year; extraordinary meetings may be convened when necessary at the request of the Chairman of the Members’ Council, a member or group of members owning at least 10% of the charter capital (or a smaller ratio as per the Charter), or the Supervisory Board (Clauses 1 and 2, Article 57 of the Law on Enterprises 2020, amended and supplemented by Law No. 76/2025/QH15).

When does the Members’ Council hold regular meetings?

Under Clause 1, Article 57 of the Law on Enterprises 2020, the Members’ Council meets at least once a year, within the time limit provided in the company Charter. Regular meetings discuss and approve matters within its competence, such as the annual financial statements, profit distribution plans, and business plans.

Convening extraordinary Members’ Council meetings

The Members’ Council may be convened for an extraordinary meeting at the request of the Chairman of the Members’ Council; a member or group of members under Clauses 2 and 3, Article 49 of this Law; the Supervisory Board; or other cases as provided in the company Charter.

Applicable legal basis

• Law on Enterprises 2020 (59/2020/QH14), amended by Law No. 76/2025/QH15: Articles 49 and 57 (outside the amendment scope of Law 76/2025).

Note on Applying Current Legal Regulations

This article is part of the General Knowledge series and is presented for reference purposes, helping readers understand the legal issue at a general level before preparing documents or entering into transactions.

Legal regulations may change depending on timing, locality, document type, and specific circumstances. If you need to determine the exact legal basis applicable to your file, please contact ANT Legal’s lawyers at 0966.475.966 for verification and advice before proceeding.

Common Risks to Note

• Applying an outdated, amended, or replaced legal instrument.
• Preparing incomplete dossiers, documents, or evidence.
• Misunderstanding the conditions, procedures, time limits, or competent authorities.
• Signing, filing, or entering into transactions without fully assessing legal risks.

How Can ANT Legal Help?

ANT Legal supports reviewing specific situations, checking dossiers, identifying the applicable legal basis, advising on handling options, and representing clients in dealings with individuals, organizations, or competent authorities when necessary.

For prompt advice, please contact our lawyers at 0966.475.966.

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