Charter capital of enterprises with 100% state holding capital is at least VND 100 billion

Bao Ngoc

15:56, 06/04/2022

On April 5, 2022, the Government issued Decree 23/2022/ND-CP on the establishment, rearrangement, ownership conversion and transfer of the right to represent the owner in enterprises held by the State. % Authorized capital.

Accordingly, the level of charter capital when establishing an enterprise with 100% capital held by the State is prescribed as follows:

- Enterprises must have a charter capital of not less than 100 billion VND when established.

- In case of business lines and trades that require legal capital, in addition to the condition that the charter capital is not lower than 100 billion VND, the charter capital of the enterprise upon establishment is not lower than the legal capital prescribed for the enterprise. with that industry.

- For enterprises providing essential public utility products and services, ensuring social security or operating in a number of industries, fields or geographical areas that require capital investment from the State to establish an enterprise, the operating capital shall be the same. the rate may be lower than 100 billion dong but not lower than the legal capital level prescribed for business lines and industries requiring legal capital.

Decree 23/2022/ND-CP takes effect from June 1, 2022; replace Decree 172/2013/ND-CP and Decree 128/2014/ND-CP .

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

135 lượt xem

- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn