What assets are allowed to be contributed in Vietnam? Is it necessary to contribute vtv2 trực tiếp bóng đá hôm nay full registered capital for a limited liability company in Vietnam?
What assets are allowed to be contributed in Vietnam? Is it necessary to contribute vtv2 trực tiếp bóng đá hôm nay full registered capital for a limited liability company in Vietnam? Thank you! - Mr. Cuong (Ha Noi)
What assets are allowed to be contributed in Vietnam?
Pursuant to Article 35 of vtv2 trực tiếp bóng đá hôm nay Law on Enterprises in 2020 stipulating contributed assets:
Contributed assets
1. Contributed assets include VND, convertible foreign currencies, gold, land use right (LUR), intellectual property rights, technologies, technical secrets, other assets that can be converted into VND.
2. Only vtv2 trực tiếp bóng đá hôm nay individual or organization that has vtv2 trực tiếp bóng đá hôm nay lawful right to ownership or right to use vtv2 trực tiếp bóng đá hôm nay asset mentioned in Clause 1 of this Article may contribute it as capital as prescribed by law.
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As regulations above, there are 08 types of assets that are allowed to be contributed in Vietnam:
- VND;
- Convertible foreign currencies;
- Gold;
- Land use right (LUR);
- Intellectual property rights;
- Technologies;
- Technical secrets;
- Other assets that can be converted into VND.
Note:Only vtv2 trực tiếp bóng đá hôm nay individual or organization that has vtv2 trực tiếp bóng đá hôm nay lawful right to ownership or right to use vtv2 trực tiếp bóng đá hôm nay asset mentioned above may contribute it as capital as prescribed by law.
What assets are allowed to be contributed in Vietnam? Is it necessary to contribute vtv2 trực tiếp bóng đá hôm nay full registered capital for a limited liability company in Vietnam? - image from internet
What are regulations on valuation of contributed assets in Vietnam?
Pursuant to Article 36 of vtv2 trực tiếp bóng đá hôm nay Law on Enterprises in 2020 stipulating valuation of contributed assets:
- Contributed assets that are not VND, convertible foreign currencies or gold shall be valued by members/partners/shareholders or a valuation organization and expressed as VND.
- Assets contributed upon establishment of an enterprise shall be valued by 01 of 02 following methods:
+ By members/partners/founding shareholders by consensus;
+ By a valuation organization: vtv2 trực tiếp bóng đá hôm nay value of contributed assets must be accepted by more than 50% of vtv2 trực tiếp bóng đá hôm nay members/partners/founding shareholders.
+ Note: In case a contributed asset is valued at a value higher than its actual value at contribution time (overvalued), vtv2 trực tiếp bóng đá hôm nay members/partners/founding shareholders shall jointly contribute an amount equal to vtv2 trực tiếp bóng đá hôm nay difference and are jointly responsible for vtv2 trực tiếp bóng đá hôm nay damage caused by vtv2 trực tiếp bóng đá hôm nay overvaluation.
- Assets contributed during vtv2 trực tiếp bóng đá hôm nay operation shall be valued by 01 of 02 following methods:
+ By vtv2 trực tiếp bóng đá hôm nay owner or vtv2 trực tiếp bóng đá hôm nay Board of Members/Partners (for limited liability companies and partnerships) or vtv2 trực tiếp bóng đá hôm nay Board of Directors (for joint stock companies) and vtv2 trực tiếp bóng đá hôm nay contributor;
+ By a valuation organization: vtv2 trực tiếp bóng đá hôm nay value shall be accepted by vtv2 trực tiếp bóng đá hôm nay contributor and vtv2 trực tiếp bóng đá hôm nay owner, vtv2 trực tiếp bóng đá hôm nay Board of Members/Partners/Directors.
+ Note: In case a contributed asset is overvalued, vtv2 trực tiếp bóng đá hôm nay contributor, vtv2 trực tiếp bóng đá hôm nay owner and members of vtv2 trực tiếp bóng đá hôm nay Board of Members/Partners/Director shall jointly contribute an amount equal to vtv2 trực tiếp bóng đá hôm nay difference and are jointly responsible for vtv2 trực tiếp bóng đá hôm nay damage caused by vtv2 trực tiếp bóng đá hôm nay overvaluation.
Is it necessary to contribute vtv2 trực tiếp bóng đá hôm nay full registered capital for a limited liability company in Vietnam?
Pursuant to Clauses 2, 3 and 4, Article 47 of vtv2 trực tiếp bóng đá hôm nay Law on Enterprises in 2020 stipulating capital contribution to establish vtv2 trực tiếp bóng đá hôm nay company and issuance of vtv2 trực tiếp bóng đá hôm nay certificate of capital contribution:
Capital contribution to establish vtv2 trực tiếp bóng đá hôm nay company and issuance of vtv2 trực tiếp bóng đá hôm nay certificate of capital contribution
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2. vtv2 trực tiếp bóng đá hôm nay members shall contribute sufficient and correct assets as promised when applying for enterprise registration within 90 days from vtv2 trực tiếp bóng đá hôm nay issuance date of vtv2 trực tiếp bóng đá hôm nay Certificate of Enterprise Registration, excluding vtv2 trực tiếp bóng đá hôm nay time needed to transport or import vtv2 trực tiếp bóng đá hôm nay contributed assets and for completing ownership transfer procedures. During this period, vtv2 trực tiếp bóng đá hôm nay members shall have rights and obligations that are proportional to their promised contribution. vtv2 trực tiếp bóng đá hôm nay members may only contribute assets that are different from vtv2 trực tiếp bóng đá hôm nay promised ones if vtv2 trực tiếp bóng đá hôm nay change is approved by more than 50% of vtv2 trực tiếp bóng đá hôm nay remaining members.
3. In case a member fails to contribute or fully contribute capital as promised by vtv2 trực tiếp bóng đá hôm nay expiration of vtv2 trực tiếp bóng đá hôm nay period mentioned in Clause 2 of this Article:
a) vtv2 trực tiếp bóng đá hôm nay member that has not contributed capital at all is obviously no longer a member of vtv2 trực tiếp bóng đá hôm nay company;
b) vtv2 trực tiếp bóng đá hôm nay member that has not fully contributed capital will have vtv2 trực tiếp bóng đá hôm nay rights that are proportional to vtv2 trực tiếp bóng đá hôm nay contributed capital;
c) vtv2 trực tiếp bóng đá hôm nay right to contribute vtv2 trực tiếp bóng đá hôm nay missing capital will be sold under a resolution or decision of vtv2 trực tiếp bóng đá hôm nay Board of Members.
4. In vtv2 trực tiếp bóng đá hôm nay cases mentioned in Clause 3 of this Article, vtv2 trực tiếp bóng đá hôm nay company shall register vtv2 trực tiếp bóng đá hôm nay change in charter capital and vtv2 trực tiếp bóng đá hôm nay members’ holdings within 30 days from vtv2 trực tiếp bóng đá hôm nay deadline for contributing capital specified in Clause 2 of this Article. vtv2 trực tiếp bóng đá hôm nay members who fail to contribute or fully contribute capital shall be responsible for vtv2 trực tiếp bóng đá hôm nay financial obligations incurred by vtv2 trực tiếp bóng đá hôm nay company during vtv2 trực tiếp bóng đá hôm nay period before vtv2 trực tiếp bóng đá hôm nay company registers vtv2 trực tiếp bóng đá hôm nay change in charter capital and vtv2 trực tiếp bóng đá hôm nay members’ holdings in proportion to their promised contributions.
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As regulations above, vtv2 trực tiếp bóng đá hôm nay members shall contribute sufficient and correct assets as promised when applying for enterprise registration within 90 days from vtv2 trực tiếp bóng đá hôm nay issuance date of vtv2 trực tiếp bóng đá hôm nay Certificate of Enterprise Registration.
- During this period, vtv2 trực tiếp bóng đá hôm nay members shall have rights and obligations that are proportional to their promised contribution.
- vtv2 trực tiếp bóng đá hôm nay members may only contribute assets that are different from vtv2 trực tiếp bóng đá hôm nay promised ones if vtv2 trực tiếp bóng đá hôm nay change is approved by more than 50% of vtv2 trực tiếp bóng đá hôm nay remaining members.
- In case a member fails to contribute or fully contribute capital as promised by vtv2 trực tiếp bóng đá hôm nay expiration of vtv2 trực tiếp bóng đá hôm nay prescribed period:
+ vtv2 trực tiếp bóng đá hôm nay member that has not contributed capital at all is obviously no longer a member of vtv2 trực tiếp bóng đá hôm nay company;
+ vtv2 trực tiếp bóng đá hôm nay member that has not fully contributed capital will have vtv2 trực tiếp bóng đá hôm nay rights that are proportional to vtv2 trực tiếp bóng đá hôm nay contributed capital;
+ vtv2 trực tiếp bóng đá hôm nay right to contribute vtv2 trực tiếp bóng đá hôm nay missing capital will be sold under a resolution or decision of vtv2 trực tiếp bóng đá hôm nay Board of Members.
Best regards!
