Joint Stock Company (JSC)

A Joint-Stock Company (JSC) in Vietnam is one of the two commonly chosen business entities founded by foreign direct investors with more than three shareholders. It offers a higher level of flexibility for medium and large-sized companies with multiple shareholders, allowing for profit-generating activities, listing on the stock exchange, and more. A Joint-Stock Company (JSC) is a legal company whose charter capital has been divided into equal shares for each shareholder, following Vietnam’s Law on Enterprises 2020. There must be at least three (3) stockholders. Regarding the maximum number of stockholders, there are no restrictions. The shareholders can be of any nationality. As a result, the nationality of shareholders in a foreign-invested JSC Vietnam can be structured as • Solely owned by foreigners • A joint venture between foreigners and locals Contrary to a Limited Liability Company, a Joint-Stock Company in Vietnam can issue shares and list them on the stock exchange publicly. By doing this, you can mobilize capital, sell shares, and raise funds more easily. In this article, we will tell you more about a joint-stock company in Vietnam concerning, its structure, advantages, requirements, and setup process.