What benefits the investors to start an LLC in Vietnam?
Vietnam is quickly emerging as a top destination for investment and business opportunities. To start an LLC in Vietnam is a great way for investors to capitalize on these opportunities while taking advantage of the country’s favorable legal and economic environment. What is LLC in Vietnam? Limited Liability Company (LLC) is a legal business structure regulated under Vietnam Law. It is one of the common forms of doing business in Vietnam . It is formed by two or more members, and the liability of each member for the debt and obligations of the company is limited to the amount of the contribution. Members are also not personally liable for any other debts of the company. As an LLC, the company has limited liability and centralized management, which allows it to focus on business operations without the complexity of corporate governance issues. If the investors later consider to raise capital, they would need to convert the LLC into joint stock company so as they could is...