BUSINESS ESTABLISHMENT SERVICES IN VIETNAM (2026): KEY CONSIDERATIONS FOR ESTABLISHING A JOINT-STOCK COMPANY
In today's vibrant market economy, a joint-stock company is always the optimal corporate model chosen by large investors due to its flexible capital mobilization capacity and safe limited liability mechanism. However, accompanied by the advantages of scale is a relatively complex corporate governance system and strict legal conditions right from the outset. To assist entrepreneurs in laying a solid foundation and minimizing legal risks, the following article provides the entire process, conditions, as well as the most critical notes when conducting procedures to establish a joint-stock company in accordance with current legal regulations.
Clients interested in support services for establishing a joint-stock company in Vietnam (2026) may contact Dai Quang Minh Law Firm via Hotline: 0932 191 299; Zalo: 0932 191 299; Email: info@quangminhlawfirm.com; Viber: (+84) 337 926 405; WhatsApp: (+84) 337 926 405; WeChat: (+84) 337 926 405 (ID: pouniverse) for complimentary consultation and comprehensive, efficient, and accurate legal services.
In addition, Dai Quang Minh Law Firm provides a wide range of services, including sub-licenses, business registration, investment, foreign labor, and ongoing legal advisory services for both domestic and foreign enterprises.
Contact:
- Zalo: 0932.191.299
- Gmail: info@quangminhlawfirm.com
- Viber: (+84) 337926405/ (+84) 869672216
- WhatsApp: (+84) 337926405/ (+84) 869672216
- Wechat: (+84) 337926405 (ID: _pouniverse)/ (+84) 869672216 (ID:DQM_Verna)
- Telegram: (+84) 337926405/ (+84)869672216
I. Concept of a Joint-stock Company
According to Clause 1, Article 111 of the current Law on Enterprises, a joint-stock company is a type of enterprise whose charter capital is divided into equal portions called shares. Members owning shares are called shareholders, who can be organizations or individuals, with a minimum number of three (03) and no restriction on the maximum number. Upon participating in the company, shareholders are only liable for the debts and other property obligations of the enterprise within the scope of the capital amount contributed to the enterprise. In addition, they have the right to freely transfer their shares to others, except for specific cases of restriction as prescribed in Clause 3, Article 120 and Clause 1, Article 127 of the Law on Enterprises.
II. Conditions for Establishing a Joint-Stock Company
Conditions on Entities Establishing the Joint-Stock Company:
All organizations and individuals have the right to establish a joint-stock company if they satisfy the following conditions:
- Organizations must possess legal person status;
- Individuals must be at least 18 years of age and possess full capacity for civil acts;
- Entities must not fall into the categories prohibited from establishing and managing enterprises as prescribed in Article 17 of the Law on Enterprises 2020;
- There must be a minimum of three (03) shareholders contributing capital to establish the enterprise (founding shareholders), with no limitation on the maximum number of shareholders.
Conditions on the Name of the Joint-Stock Company:
- The name of a joint-stock company must ensure two components: "Công ty cổ phần" (Joint-Stock Company) + Proper Name;
- It is prohibited to register a name that is identical to or causes confusion with the name of an enterprise previously registered nationwide;
- It is prohibited to use words or symbols that violate the historical traditions, culture, ethics, and fine customs of the nation;
- The enterprise name must be displayed at the headquarters, branches, representative offices, and business locations, and must be printed or written on transaction documents, dossiers, materials, and publications issued by the enterprise.
Conditions on the Head Office:
- The head office of a joint-stock company must be located within the territory of Vietnam, serve as the contact address of the enterprise, and be determined based on the boundaries of an administrative unit;
- It must have a telephone number, fax number, and email address (if any).
Conditions on Business Lines:
- Enterprises are entitled to register and conduct business lines that are not prohibited by law. However, such business lines must comply with the Vietnam Standard Industrial Classification, as prescribed in detail in Decision No. 36/2025/QD-TTg;
- For conditional business lines, the enterprise must ensure fulfillment of all conditions applicable to each specific business line in accordance with the provisions of law.
Conditions on Charter Capital:
- The charter capital of a joint-stock company is the total par value of shares of all types that have been sold or registered for purchase upon the establishment of the enterprise.
The law does not prescribe a minimum capital requirement (except for business lines requiring legal capital) or a maximum capital requirement upon the establishment of an enterprise. However, depending on financial capacity and business scale, the enterprise should register an appropriate capital amount. Nevertheless, it should be noted that the enterprise must fully contribute the registered charter capital within ninety (90) days from the date of issuance of the Certificate of Enterprise Registration in accordance with regulations.
III. Why choose Dai Quang Minh LawFirm
With years of practical experience in legal consulting, Dai Quang Minh Law Firm is a pioneer in corporate support services, specializing in fast and affordable company formation. Below are the reasons to choose business registration services at Dai Quang Minh Law Office:
Human Resources: Established in September 2009, with over 15 years of practical experience, Dai Quang Minh Law Firm brings together a team of lawyers and legal experts with long-standing expertise in private economic groups nationwide.
Consulting Policy: Clients are gifted a completely free legal consulting package when using services at Dai Quang Minh Law Firm.
Professionalism and Experience: Dai Quang Minh Law Firm has a workforce with in-depth knowledge of business formation, ensuring a swift and accurate consulting process.
Time-Saving: Using Dai Quang Minh Law Firm's services helps you save precious time as we handle the entire process and related procedures.
Legal Insight: Dai Quang Minh Law Firm ensures that all relevant legal regulations are strictly followed in accordance with the law.
Customization: Our consulting services are highly adaptable to your specific needs, allowing you to choose options suitable for your business.
Trusted Partner: Dai Quang Minh Law Firm has built a reputation for providing affordable business setup consulting to many enterprises and individuals nationwide.
Confidentiality Assurance: Dai Quang Minh Law Firm is committed to the absolute protection of your personal and business information.
Detailed Support: Dai Quang Minh Law Firm provides detailed advice and support regarding the process and requirements to help you better understand business formation.
Process Optimization: Our consulting helps optimize the business setup process, minimizing potential risks and difficulties.
Excellent Customer Experience: Dai Quang Minh Law Firm is dedicated to providing the best customer experience through professional advice and enthusiastic support.
Focus on Business Plans: By utilizing our registration services, you can focus on developing your business plans and core activities instead of worrying about legal procedures.
IV. Application Dossier for Establishing a Joint-Stock Company
- Application form for enterprise registration;
- Company charter;
- List of founding shareholders; list of shareholders being foreign investors; list of beneficial owners of the enterprise (if any);
- Certified copies of the following documents: Legal documents of individuals for founding shareholders and foreign investor shareholders who are individuals, and for the legal representative; Legal documents of organizations for shareholders that are organizations, and the document appointing the authorized representative; Legal documents of individuals for the authorized representatives of founding shareholders and foreign investor shareholders that are organizations. For shareholders being foreign organizations, the copies of the legal documents of the organization must be consularly legalized;
- Investment Registration Certificate for foreign investors in accordance with the Law on Investment.
V. Process for Establishing a Joint-Stock Company
Submission of Dossier:
After preparing the complete dossier as stated above, the enterprise may submit it directly to the Business Registration Office under the Department of Planning and Investment of the province or city where the enterprise's head office is located, or submit the dossier online via the portal https://dangkykinhdoanh.gov.vn/ using a business registration account or a public digital signature.
Time Limit for Resolution:
Within five (05) to seven (07) working days from the date of receipt of the dossier, the Business Registration Office shall examine the validity of the dossier and issue the Certificate of Enterprise Registration. In the event that the dossier is invalid, the Business Registration Office shall issue a notice guiding the enterprise to amend or supplement the dossier and resubmit it.
VI. Post-Establishment Procedures for a Joint-Stock Company
After obtaining the Certificate of Enterprise Registration, a joint-stock company MUST perform the following tasks before commencing operations to avoid administrative penalties:
- Engrave the corporate seal;
- Display the company signboard at the head office, representative offices, branches, and business locations;
- Purchase a digital signature (USB token);
- Purchase e-invoices and issue a notice of invoice issuance;
- Submit the initial tax registration dossier;
- Open a bank account and notify the bank account number to the Department of Planning and Investment;
- Register for social insurance for company employees who have signed labor contracts.
Prospective clients seeking assistance with procedures for establishing a joint-stock company in Vietnam (2026) are kindly invited to contact Dai Quang Minh Law Firm via Hotline: 0932 191 299; Zalo: 0932 191 299; Email: info@quangminhlawfirm.com; Viber: (+84) 337 926 405; WhatsApp: (+84) 337 926 405; WeChat: (+84) 337 926 405 (ID: pouniverse) for complimentary consultation and comprehensive, efficient, and accurate legal services.
In addition, Dai Quang Minh Law Firm provides a wide range of services, including sub-licenses, business registration, investment, foreign labor, and ongoing legal advisory services for both domestic and foreign enterprises.
Contact:
- Zalo: 0932.191.299
- Gmail: info@quangminhlawfirm.com
- Viber: (+84) 337926405/ (+84) 869672216
- WhatsApp: (+84) 337926405/ (+84) 869672216
- Wechat: (+84) 337926405 (ID: _pouniverse)/ (+84) 869672216 (ID: DQM_Verna)
- Telegram: (+84) 337926405/ (+84) 869672216
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