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Scholars International Journal of Law, Crime and Justice (SIJLCJ)
Volume-8 | Issue-05 | 111-115
Review Article
Liability Regime of Members of Limited Liability Companies and Shareholders of Joint Stock Companies Under Vietnamese Law
Nguyen Thanh Tin
Published : May 27, 2025
DOI : https://doi.org/10.36348/sijlcj.2025.v08i05.004
Abstract
When capital consultants invest in a business, they are likely to bear risks, especially property risks. The law has provided clear regulations on the property responsibilities of consultants, specifically members of limited liability companies and shareholders of joint stock companies. Accordingly, the property liability regime is a type of civil liability that members of a limited liability company and shareholders of a joint stock company may have to bear when contributing capital to the company. Although this is a liability regime, it is also a guarantee and a manifestation of the state's viewpoint and attitude toward investors. This liability regime includes two types: liability for the company's debts and property obligations within the scope of the capital contributed to the company, also known as the limited liability regime and the "personal" property liability regime arising in some special cases as prescribed by law.
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