JOINT STOCK COMPANY ESTABLISHMENT SERVICE
A joint stock company is an ideal business structure when you plan to start a company with multiple shareholders and aim to raise substantial capital. If you are still unclear about the regulations, procedures, or processes, or if you are looking for a professional service provider, Bao Ngoc Accounting is here to guide you.
Regulations on establishing a joint stock company
- A minimum of three founding shareholders (individuals or organizations) is required, with no limit on the maximum number. As a legal entity, each shareholder is only liable for the amount of capital contributed.
- A joint stock company must have a General Meeting of Shareholders, Board of Directors, and a Director/General Director. If there are more than 11 shareholders, a Supervisory Board must also be established.
- Company name, business sectors, registered address, charter capital, and legal capital must comply with general regulations applicable to all businesses.
- After establishment, a joint stock company can expand by issuing shares. Even civil servants can purchase these shares. However, reducing charter capital is a more complex process.
Required documents for establishing a joint stock company
Once you understand the basic regulations, prepare the following documents:
1. Business registration application form
2. Draft of the company charter
3. List of founding shareholders
4. Additional documents for special cases
*** Documents required for founding shareholders:
- For individuals: Certified copy of ID card or passport
- For organizations (domestic): Valid copy of establishment decision and business registration certificate (or equivalent document)
- For foreign organizations: Certified copy of the Business Registration Certificate (must be consular legalized)
- For foreign investors: Investment Registration Certificate
5. Valid copy of professional certifications for the Director and other individuals if required by law
6. Declaration form of the applicant’s information
7. Document index
8. File cover
Why choose Bao Ngoc to establish your joint stock company?
- Affordable service fees
- Highly qualified staff with many years of experience and international-standard management systems
- We handle the entire process — from consulting and document preparation to obtaining the business license and completing post-registration procedures
- In addition to company formation, we provide a full range of accounting services
This overview is based on Bao Ngoc Accounting’s experience in establishing joint stock companies. We also offer services for other types of business formations. Contact Bao Ngoc today for tailored consultation!
