Tiếng Việt
中文Quick answer: Yes. Under Clause 3, Article 138 of the Law on Enterprises 2020 (as amended and supplemented by Law No. 76/2025/QH15), a joint stock company may repurchase redeemable preference shares at the request of the holder or under the conditions stated in the redeemable preference share certificates.
How Does a JSC Repurchase Redeemable Preference Shares?
Redeemable preference shares are shares whose capital contribution is redeemed by the company at the request of the holder or under the conditions stated in the redeemable preference share certificates. When repurchasing, the company must comply with share repurchase regulations, including conditions on capital sources, approval procedures of the General Meeting of Shareholders/Board of Directors, and registration of charter capital reduction (if any).
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M&A, Equity Transfer and Project Transfer
If you are preparing an equity transfer, M&A transaction, project transfer or restructuring, ANT Legal can help review legal risks and transaction structure.
What Does a JSC Charter Contain?
Under Clause 1, Article 24 of the Law on Enterprises 2020, a JSC charter includes: the name and head office address; business lines; charter capital; total shares, share classes and par value of each class; management structure; the legal representative; procedures for adopting company decisions; principles for resolving internal disputes; bases and methods for determining salaries, remuneration and bonuses of managers and Supervisors; and other contents agreed by shareholders that are not contrary to law.
Applicable Legal Basis
- Law on Enterprises 2020 (59/2020/QH14), amended by Law 76/2025/QH15: Articles 24 and 138 (outside the amending scope of Law 76/2025).
Notes on Applying Current Legal Regulations
This article falls under Corporate & M&A Knowledge and is presented for reference, helping readers understand the legal issue at an overview level before preparing dossiers or carrying out transactions.
Legal regulations may change over time and vary by locality, dossier type and specific circumstances. To determine the exact legal basis applicable to your case, please contact an ANT Legal lawyer at 0966.475.966 for verification and advice before proceeding.
Common Risks to Note
- Applying a legal document that has been amended, supplemented or replaced.
- Preparing incomplete dossiers, documents or evidence.
- Misunderstanding the conditions, procedures, time limits or competent authority.
- Signing, filing dossiers or transacting without fully assessing legal risks.
How Can ANT Legal Help?
ANT Legal assists in reviewing specific situations, checking dossiers, determining the applicable legal basis, advising on handling options, and representing clients before individuals, organizations or competent authorities when needed.
For prompt consultation, please contact our lawyers at 0966.475.966.
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