Tiếng Việt
中文Short answer: Enterprise law does not prescribe a general minimum charter capital for a single-member LLC. The owner decides the charter capital appropriate to the business scale and lines. The only exception is conditional business lines/sectors where specialized law requires a minimum statutory capital (such as banking, insurance, securities, real estate business…).
Legal basis
- Article 75 of the Law on Enterprises 2020 — charter capital of a single-member LLC;
- Specialized laws prescribing statutory capital for conditional business lines/sectors.
Principles for determining charter capital
- The owner registers the charter capital amount; there is no general floor;
- Charter capital must suit actual financial capacity and the requirements of the business lines;
- For conditional business lines: the registered charter capital must not be lower than the statutory capital required by specialized law.
Capital contribution deadline
- The owner must fully contribute the registered charter capital within 90 days from the issuance of the Enterprise Registration Certificate;
- If the deadline expires without full contribution: the company must register an adjustment of charter capital to the actually contributed value within 30 days;
- The owner is liable for the company’s financial obligations within the registered charter capital, including the uncontributed portion.
Risks of registering too high or too low capital
- Capital too high relative to reality: failure to contribute fully within 90 days → must reduce capital with procedures; still liable according to the registered capital;
- Capital too low: reduced credibility with partners and banks; failure to meet statutory capital of conditional business lines → no license granted;
- Increasing/decreasing charter capital: a single-member LLC may increase or decrease charter capital by the owner’s decision and register the change with the Business Registration Office.
If you need to determine the option best suited to your specific situation, you should discuss it with a lawyer in advance for dossier review and advice on the handling plan.
Related services
Business Licenses and Conditional Business Sectors
If your business is preparing an application, amendment, business line registration or licensing review, ANT Legal can help check the file and execution path.
For quick advice, you may contact a lawyer at 0966.475.966.
Related articles
- What are contributed assets? Types of enterprise capital contributions
- Increasing and decreasing charter capital of a single-member LLC
- Procedures for converting a single-member LLC into a multi-member LLC
