Short answer: Current law does not limit the minimum number of capital contributors to 02 or more as the question phrases it. On the contrary: a single-member LLC has only 01 member (an organization or individual) as owner; a multi-member LLC has from 02 to 50 members; a joint stock company has a minimum of 03 shareholders, with no maximum limit. These regulations are in the Law on Enterprises 2020 (as amended and supplemented in 2025).
Current Legal Framework
- Law on Enterprises 2020 — regulations on the number of members/shareholders of each enterprise type.
Number of Members/Shareholders by Enterprise Type
| Type | Number of members/shareholders |
|---|---|
| Single-member LLC | 01 member (organization or individual) |
| Multi-member LLC | From 02 to 50 members |
| Joint stock company | Minimum 03 shareholders, no maximum limit |
| Partnership | At least 02 general partners (individuals) |
| Private enterprise | 01 individual owner |
Answers to the Questions Raised
- “Can one person contribute capital to many companies?” — Yes. The law does not prohibit an individual/organization from simultaneously being a member or shareholder of many enterprises (except certain specific restrictions, e.g., officials and public employees may not establish or manage enterprises);
- “Must there be at least 02 people to contribute capital?” — No. Single-member LLCs and private enterprises need only 01 owner;
- When the number of members changes beyond the threshold of the type (e.g., a 2-member LLC left with only 01 member), the enterprise must convert its type accordingly.
How Can ANT Legal Help?
ANT Legal advises on choosing enterprise types, member/shareholder structures, and carrying out establishment and enterprise registration change procedures. For advice on a specific case, please contact our lawyers at 0966.475.966.
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