Business type conversion is a form of reorganizing the enterprise structure to suit the scale and development orientation of that enterprise without completely terminating operations.

Cases of registration for business type conversion

Converting from a Limited Liability Company to a Joint Stock Company and vice versa:

1. Convert a limited liability company into a joint stock company

  • Convert into a joint stock company without mobilizing other organizations or individuals to contribute capital and without selling capital contributions to other organizations or individuals;
  • Convert into a joint stock company by mobilizing other organizations and individuals to contribute capital;
  • Convert into a joint stock company by selling all or part of the capital contribution to one or several other organizations or individuals; or
  • Combine different methods to ensure that the number of shareholders of a joint stock company is at least three shareholders.

2. Convert a joint stock company into a one-member limited liability company

  • One shareholder receives the transfer of all corresponding shares of all remaining shareholders;
  • Organizations, individuals who are not shareholders receive the transfer of all shares of all shareholders in the company;
  • The company only has 01 shareholders left.

3. Convert a joint stock company into a limited liability company with two or more members

  • Convert into a limited liability company with two or more members without mobilizing additional shares or transferring shares to other organizations or individuals;
  • Convert into a limited liability company with two or more members and mobilize other organizations and individuals to contribute capital;
  • Convert into a limited liability company with two or more members and transfer all or part of the shares to other organizations or individuals to contribute capital;
  • The company only has 02 remaining shareholders; or
  • Combine the above method or other methods.

Converting a private enterprise into a partnership company, a limited liability company, or a joint stock company:

  • The converted enterprise must meet all the conditions of that type of enterprise;
  • The owner of a private enterprise commits in writing to be personally responsible with all assets for all unpaid debts and commits to fully pay the debt when due;
  • The owner of the private enterprise has a written agreement with the parties to the unliquidated contract that the converted company will receive and continue to perform those contracts;
  • The owner of a private enterprise commits in writing or has a written agreement with other capital-contributing members on the reception and use of existing employees of the private enterprise.

Converting from a single-member limited liability company to a limited liability company with two or more members:

  • The company owner transfers or donates a part of charter capital to one or more different organizations or individuals;
  • The company mobilizes additional capital contributions from individuals or other organizations;
  • There is more than one individual or more than one organization that inherits the owner's capital contribution.

Converting from a limited liability company with two or more members to a single-member limited liability company:

  • Company members transfer, donate, or inherit all capital contributions to an organization or individual;
  • Merger, company consolidation contract.

Conversion from a limited liability company with one member being an organization to a limited liability company with one member being an individual: in case the organization transfers its entire charter capital to another individual.

Gia Luat's scope of work:

  • Consulting Valued Customers on legal issues related to procedures for converting business type, including:
    • Consulting on choosing a conversion method suitable to the operating situation of the business;
    • Consulting on naming and engraving the seal to suit the type of business after conversion;
    • Consulting on change procedures with relevant authorities: Tax, Bank, Insurance, partners, specialized management authorities, etc. after converting business type.
  • Guiding Valued Customers to prepare necessary documents; Checking the legality and validity of documents provided by Valued Customers;
  • Preparing documents in accordance with the law;
  • Representing Valued Customers to submit documents and work with competent authorities;
  • Following up documents and explain as requested by competent authorities (if any);
  • Representing Valued Customers to receive results.

We commit to:

  • Take responsibility for fully and legally performing the work under the service contract signed with Valued Customers;
  • Confidentiality of information and documents provided by Valued Customers;
  • Provide the most comprehensive and effective solutions for enterprise operations and management, helping businesses limit risks and ensure compliance with legal regulations.

We believe that our professionalism and carefulness will bring satisfaction and peace of mind when Valued Customers choose Gia Luat.

Thank you very much for your attention to Gia Luat's services.

Other services
Business suspension

Business suspension is when an enterprise temporarily does not conduct any business activities for a certain period. Enterprises shall send a notice to the competent authority where the enterprise is...

Dissolution

Dissolution is an option chosen by many enterprises to terminate business operations when encountering insurmountable difficulties. However, this is a rather complicated procedure that must be carried out at many competent state authorities...

Bankruptcy

One of the solutions to help enterprises withdraw from the market in an orderly manner and minimize losses, even freeing enterprises from debts is to go through the Court to declare bankruptcy...

Change of enterprise registration content

Change of enterprise registration content is when an enterprise needs to change the information recorded in the previous enterprise registration dossier to suit the actual operating situation. Cases requiring procedures to change enterprise registration content include:...

Notice of business location establishment

Business location is the place where an enterprise conducts specific business activities; Enterprises can set up business locations directly under the head office or a branch; To expand the scope of business...

Register representative office operation

Representative office is a dependent unit of an enterprise, with the task of representing according to authorization for the interests of the enterprise and protecting those interests. Representative office does not perform business functions of the enterprise...

Register branch operation

Branch is a dependent unit of an enterprise, responsible for performing all or part of the enterprise's functions, including the function of authorized representation. Enterprises have the right to register domestic and foreign branch operations...

Register to establish an enterprise

Individuals and organizations that want to invest or do business shall carry out enterprise establishment procedures at a competent state authority to determine the legal status of the enterprise...

Company consolidation

Company consolidation is an operation whereby two or more companies may combine into a new company, and at the same time terminate the existence of the consolidating companies...

Company separation

Company separation means a limited liability company or joint stock company may be separated by transferring part of the assets, rights, obligations, members or shareholders of the existing company...

Company division

Company division means that a limited liability company or joint stock company may divide the assets, rights and obligations, members or shareholders of the existing company (hereinafter referred to as the divided company) to establish two or more new companies...

CALL US +84 902 905 292

We are confident that we are fully capable of meeting all the consulting requirements of
our customers and prove that the customer's choice for us is the most suitable choice.