Can a sole proprietorship contribute capital to a two-member limited liability company?

Our business is a household business producing handicrafts. I would like to contribute capital to a two-member limited liability company in the name of our household business. Is this permissible?

Based on the provisions of Clause 2 Article 80 of Decree 01/2021/ND-CP:

Individuals and household members specified in Clause 1 of this Article are only allowed to register one household business nationwide and are entitled to contribute capital, buy shares, and purchase capital contributions in an enterprise in their personal capacity.

Thus, according to this regulation, the household business itself is not allowed to contribute capital to a limited liability company with two or more members in the capacity of a household business; only the owner of the household business is entitled to do so in their personal capacity.

Sincerely!

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