|Limited Liability Company (LLC)||Joint-Stock Company (JSC)|
|Best for||Small and medium-sized companies||Medium and large-sized companies|
|Number of founders||1 to 50||At least 3|
|Liability||Founder's liability is limited to the capital contributed to the company||Founder's liability is limited to the capital contributed to the company|
|Issuance of shares||Cannot issue shares nor be listed on the local stock exchange||Cannot issue shares nor be listed on the local stock exchange|
In order to take advantage of all the incentives from preferential investment laws, many foreign companies choose to set up legal entities in Vietnam.
However, the procedure and process of setting up a legal entity in Vietnam are very complicated because it is a long process to get a response from the authorities and requires many legal documents.
By understanding your company’s conditions, NNRoad with its local experts will design the best solution for you to shorten the processing time and simplify all legal procedures, which helps to set up your entity faster and in compliance with the law.
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