Can individuals contribute capital to an LLC in cash?

View Post in Vietnamese: >> Cá nhân có được góp vốn vào công ty TNHH bằng tiền mặt không?

May I ask about the contribution of charter capital to the company? In the case where an individual contributes charter capital in cash to a Limited Liability Company with 2 members, is this in accordance with the law?

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!

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

Individuals with tax debts from 50 million VND or more in Vietnam are temporarily suspended from exit

What are defective products, goods in Vietnam? Who are liable to compensate damages caused by defective products, goods in Vietnam?

In which cases are imported goods exempt from value added tax in Vietnam?

Form 04-DK-TCT - Taxpayer registration declaration under Circular 86 in Vietnam and Instructions

What are differences between 10-digit and 13-digit tax identification numbers in Vietnam? Which entities are eligible for those tax identification numbers in Vietnam?

Guidelines on checking tax identification numbers of business households in Vietnam in 2025

Guidelines on checking personal tax identification numbers in Vietnam in 2025

When does the tax authority in Vietnam publicly disclose taxpayer registration information on the electronic information portal?

Guidelines for supplementation of the tax declaration dossier in 2025 in Vietnam

What are details of the Form 01/NDAN - Proposal for gradual payment of tax debt in Vietnam in accordance with Circular 80?

- This translation is generated by OpenAI's GPT-4o model;

- Lawnet's response to our user's question is provided above. If you need further information, please send an email to [email protected];

- This article is for reference only;

- The regulations referred to in this article might have been annulled by the time you read it;

- For inquiries about the copyright of this article, please send an email to [email protected];

Địa chỉ:	19 Nguyễn Gia Thiều, P. Võ Thị Sáu, Q.3, TP. Hồ Chí Minh
Điện thoại:	(028) 3930 3279 (06 lines)
E-mail:	[email protected]