Decree No. 26/1998/NĐ-CP adjusts the minimum capital requirement for establishing private enterprises, limited liability companies, and joint stock companies according to their fields of operation. The highest minimum capital requirement applies to businesses operating in multiple sectors.
适用范围
Private enterprises, limited liability companies, joint stock companies
要点
- Private enterprise: The minimum capital requirement ranges from 150 million VND to 250 million VND depending on the field of operation.
- Limited liability company: The minimum capital requirement ranges from 300 million VND to 600 million VND depending on the field of operation.
- Joint stock company: The minimum capital requirement ranges from 500 million VND to 1000 million VND depending on the field of operation.
- If engaging in multiple fields of business, the applicable minimum capital requirement is the highest among those fields.
- This Decree takes effect 15 days after its signing date and replaces previous Decrees.
🌐 本文件的社会影响
- Private enterprises will need to increase their minimum capital requirement to operate in certain fields such as technology and construction, from 150 million VND to 300 million VND.
- Limited liability companies also need to increase their minimum capital requirement in these fields from 300 million VND to 600 million VND.
- Joint stock companies will need to increase their minimum capital requirement from 500 million VND to 1000 million VND to operate in certain fields such as technology and construction.
- The positive impact is creating transparency regarding the minimum capital requirement, but it also imposes a financial burden on newly established businesses.
❓ 常见问题
What is the minimum minimum capital requirement for a private enterprise?
The minimum capital requirement for a private enterprise is 150 million VND in the agricultural, forestry, and fisheries sector.
How is the minimum capital requirement applied if engaging in multiple fields of business?
If engaging in multiple fields of business, the applicable minimum capital requirement is the highest among those fields.
What is the maximum minimum capital requirement for a joint stock company?
The maximum minimum capital requirement for a joint stock company is 1000 million VND in the technology and construction sector.
When does this Decree take effect?
This Decree takes effect 15 days after its signing date.
Which Decrees does this Decree replace?
This Decree replaces the Minimum Capital Requirements List for Each Industry and Profession issued together with Decree No. 221/HĐBT and Decree No. 222/HĐBT dated July 23, 1991, by the Council of Ministers (now the Government).
全文
DECREE OF THE GOVERNMENT
REGARDING THE ADJUSTMENT OF THE MINIMUM CAPITAL REQUIREMENT FOR PRIVATE ENTERPRISES, LIMITED LIABILITY COMPANIES, AND JOINT STOCK COMPANIES
PRIVATE ENTERPRISES, LIMITED LIABILITY COMPANIES, AND JOINT STOCK COMPANIES
________________________
THE GOVERNMENT
Pursuant to the Government Organization Law dated September 30, 1992;
BASED ON THE LAW ON ENTERPRISES AND THE LAW ON PRIVATE ENTERPRISES OF DECEMBER 21, 1990;
At the proposal of the Minister of Finance,
DECREE:
Article 1. THE MINIMUM CAPITAL REQUIREMENTS APPLICABLE TO THE ESTABLISHMENT OF PRIVATE ENTERPRISES, LIMITED LIABILITY COMPANIES, AND JOINT STOCK COMPANIES ARE AS FOLLOWS:
|
FIELD INDUSTRY |
MINIMUM CAPITAL REQUIREMENT (MILLION VND) |
||
|
PRIVATE |
Joint Stock Company |
the date |
|
|
- TECHNOLOGY AND CONSTRUCTION |
150 |
300 |
500 |
|
- TRADE AND SERVICES |
300 |
600 |
1000 |
|
FOR ENTERPRISES OPERATING IN MULTIPLE INDUSTRIES, THE HIGHEST MINIMUM CAPITAL REQUIREMENT AMONG THE INDUSTRIES SHALL BE APPLIED. |
250 |
500 |
800 |
THIS DECREE SHALL TAKE EFFECT 15 DAYS FROM THE DATE OF SIGNATURE AND SHALL REPLACE THE LIST OF MINIMUM CAPITAL REQUIREMENTS FOR EACH INDUSTRY ISSUED WITH DECREE NO. 221/HĐBT AND DECREE NO. 222/HĐBT OF JULY 23, 1991 BY THE STATE COUNCIL (NOW THE GOVERNMENT) TO SPECIFY CERTAIN PROVISIONS OF THE LAW ON PRIVATE ENTERPRISES AND THE LAW ON ENTERPRISES FOR THE ESTABLISHMENT OF NEW PRIVATE ENTERPRISES, LIMITED LIABILITY COMPANIES, AND JOINT STOCK COMPANIES. PREVIOUS PROVISIONS CONTRARY TO THIS DECREE SHALL BE ABROGATED.
Article 2. This Decree takes effect fifteen days after the date of signature, replacing the Statutory Capital List for each industry and profession issued together with Decree No. 221/HĐBT and Decree No. 222/HĐBT dated July 23, 1991, of the Council of Ministers (now the Government), which detailed certain provisions in the Law on Private Enterprises and the Law on Companies for the establishment of new private enterprises, limited liability companies, and joint-stock companies. All previous regulations that conflict with this Decree are hereby abolished.
Article 3. The Minister, Heads of ministerial-level agencies, Heads of government-affiliated agencies, Chairpersons of People's Committees of provinces and centrally-administered cities are responsible for implementing this Decree./.
PRIME MINISTER
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