Can individuals contribute capital to an LLC in cash?

Article 3 of Circular 09/2015/TT-BTC stipulates as follows:

- Enterprises shall not use cash (paper money, coins issued by the State Bank) for payments when making transactions for capital contribution, purchase, or transfer of capital contributions into other enterprises.

- When making transactions for capital contribution, purchase, or transfer of capital contributions into other enterprises, enterprises shall use the following forms:

+ Payment by check;

+ Payment by transfer order;

+ Other non-cash payment methods in accordance with current regulations.

- Enterprises making transactions for capital contribution, purchase, or transfer of capital contributions into other enterprises by assets (not by money) shall comply with the provisions of the enterprise law.

According to this regulation, only enterprises are prohibited from making capital contributions in cash to other enterprises. There is no regulation prohibiting individuals from making capital contributions to enterprises.

Therefore, individuals are allowed to make capital contributions in cash to a limited liability company with two members.

Sincerely!