Trang chủNewsQuestion and AnswerCan two members set up a joint stock company?

Date: 11/12/2020

A joint stock company has 3 members but the second member has died. The first member buys back the shares of the second member. Now I want to change to a joint stock company, what should I do with two members? thank you
Article 110 of the Law on Enterprises No. 68/2014 / QH13 stipulates that the minimum number of joint stock companies is 03 shareholders. In case a joint stock company has only 2 shareholders remaining, it is compulsory to convert the business type into a limited liability company with two or more members.
- A dossier of conversion from a joint stock company to a two-member limited liability company is specified in Article 25 of Decree No. 78/2015 / ND-CP, including:
+ Application form for registration of a limited liability company with two or more members (according to the form in Appendix I-3, Circular No. 02/2019 / TT-BKHĐT);
+ Charter of the converted company;
+ Decision and valid copy of the General Meeting of Shareholders on the company conversion;
+ List of members (according to the form of Appendix I-6, Circular No. 02/2019 / TT-BKHDT);
+ Valid copies of personal identification papers of individual members;
+ Contribution capital transfer contract or documents proving completion of the transfer or capital contribution agreement.
Number of documents: 01 set
Processing time: 3 working days from the date of receipt of complete and valid dossiers.
How to apply:

+ Apply online at the address: 

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