Q&A
What three forms may joint ventures (JVs) between domestic and foreign investors take in Vietnam, and what are the strengths of each type
What three forms may joint ventures (JVs) between domestic and foreign investors take in Vietnam, and what are the strengths of each type
The three forms joint ventures (JVs) between domestic and foreign investors in Vietnam may take are limited liability companies (LLCs), joint stock companies (JSCs), and partnerships. LLCs are offer limited liability ownership yet cannot issue shares, while JSCs can issue an unlimited number of shares. Partnerships, like LLCs cannot issue shares, but require at least two partners and partners must bear responsibility for the firm’s liabilities with their own property.
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