{"id":3719,"date":"2022-01-04T14:11:27","date_gmt":"2022-01-04T07:11:27","guid":{"rendered":"https:\/\/pl-partners.vn\/?p=3719"},"modified":"2023-01-12T14:54:21","modified_gmt":"2023-01-12T07:54:21","slug":"can-members-in-a-limited-liability-company-withdraw-their-contributed-capital-without-the-consent-of-other-members","status":"publish","type":"post","link":"https:\/\/pl-partners.vn\/en\/can-members-in-a-limited-liability-company-withdraw-their-contributed-capital-without-the-consent-of-other-members\/","title":{"rendered":"Can members in a limited liability company withdraw their contributed capital without the consent of other members?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">N\u1ed9i dung b\u00e0i vi\u1ebft<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/pl-partners.vn\/en\/can-members-in-a-limited-liability-company-withdraw-their-contributed-capital-without-the-consent-of-other-members\/#Question\" title=\"Question:\">Question:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/pl-partners.vn\/en\/can-members-in-a-limited-liability-company-withdraw-their-contributed-capital-without-the-consent-of-other-members\/#Answer\" title=\"Answer:\">Answer:<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/pl-partners.vn\/en\/can-members-in-a-limited-liability-company-withdraw-their-contributed-capital-without-the-consent-of-other-members\/#PL_AND_PARTNERS_LAW_FIRM\" title=\"PL AND PARTNERS LAW FIRM\">PL AND PARTNERS LAW FIRM<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Question\"><\/span><span style=\"color: #d83131;\"><strong><em>Question:<\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"color: #333333;\">Dear PL &amp; Partners Law Firm, we have a limited company with charter capital of VND 10 billion, including three members, me and two other friends of mine, in which, my contributed capital is VND 2 billion 500 million, accounting for 25% of the total charter capital. However, after 03 years of operation, the other two members and I had a conflict, so I want to withdraw all of my stakes from the company and propose that the company repurchase it. However, the other two members disagree.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #333333;\">So how do I get my money back? Please give me a consultation. Thank you.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Answer\"><\/span><span style=\"color: #d83131;\"><strong><em>Answer:<\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"color: #333333;\">Thank you for your submission of question to the Q&amp;A section of PL &amp; Partners Law Firm. In terms of your question, we would like to reply as follows:<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #333333;\">According to the provided information, we can identify your company as a multi-member limited liability company.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #333333;\">According to <span style=\"color: #0000ff;\">Clause 2 Article 50 of the Law on Enterprise 2020<\/span>, provisions on capital withdrawal for members of a multi-member limited liability company are stated as follows:<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000080;\"><strong><em>\u201c2. Do not withdraw capital from the company in any form; except for the cases specified in Articles 51, 52, 53 and 68 of this Law.\u201d<\/em><\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #333333;\">Pursuant to the above provisions, you are not allowed to withdraw your contributed capital from the company in any form, except for the following cases:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"color: #333333;\">The company repurchases your stakes under request;<\/span><\/li>\n<li><span style=\"color: #333333;\">Transfer of stakes;<\/span><\/li>\n<li><span style=\"color: #333333;\">Settlement of stakes in some special cases as prescribed in <span style=\"color: #0000ff;\">Articles 51, 52, 53 and 68 of the Law on Enterprise 2020<\/span>.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"color: #333333;\">Therefore, you <strong>cannot withdraw your capital<\/strong> from the company but only request the company to repurchase your stakes or transfer it to another person.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-3521\" src=\"https:\/\/pl-partners.vn\/wp-content\/uploads\/2021\/12\/tv-cong-ty-TNHH-co-duoc-rut-von.jpg\" alt=\"\" width=\"1000\" height=\"700\" srcset=\"https:\/\/pl-partners.vn\/wp-content\/uploads\/2021\/12\/tv-cong-ty-TNHH-co-duoc-rut-von.jpg 1000w, https:\/\/pl-partners.vn\/wp-content\/uploads\/2021\/12\/tv-cong-ty-TNHH-co-duoc-rut-von-269x188.jpg 269w, https:\/\/pl-partners.vn\/wp-content\/uploads\/2021\/12\/tv-cong-ty-TNHH-co-duoc-rut-von-768x538.jpg 768w, https:\/\/pl-partners.vn\/wp-content\/uploads\/2021\/12\/tv-cong-ty-TNHH-co-duoc-rut-von-43x30.jpg 43w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"color: #333333;\"><strong><em>Requesting the company to repurchase the stakes:<\/em><\/strong><\/span><\/li>\n<\/ul>\n<p><span style=\"color: #333333;\"><span style=\"color: #0000ff;\">Article 51 of the Law on Enterprise 2020<\/span> stipulates:<\/span><\/p>\n<table style=\"width: 100%; border-collapse: collapse; border-color: #00000; background-color: #faecd7;\">\n<tbody>\n<tr>\n<td style=\"width: 100%;\">\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\"><em>\u201c1. A member is entitled to request the company to repurchase that member\u2019s stake if that member has voted against a resolution or decision of the Members&#8217; Council on the following issues:<\/em><\/span><\/p>\n<p><span style=\"color: #282828;\"><em>a) Amendments to regulations of the company&#8217;s charter on rights and obligations of members and the Member&#8217;s Council;<\/em><\/span><\/p>\n<p><span style=\"color: #282828;\"><em>b) Reorganization of the company;<\/em><\/span><\/p>\n<p><span style=\"color: #282828;\"><em>c) Other issues prescribed by the company&#8217;s charter.<\/em><\/span><\/p>\n<p><span style=\"color: #282828;\"><em>2. A written request for stake repurchase shall be sent to the company within 15 days <\/em><em>from the day on which the resolution or decision mentioned in Clause 1 of this Article is ratified.<\/em><\/span><\/p>\n<p><span style=\"color: #282828;\"><em>3. Within 15 days from the day on which the request mentioned in Clause 1 of this Article is received, the company shall repurchase that member\u2019s stake at market value or at a value determined in accordance with the company&#8217;s charter, unless another value is agreed upon by both parties. The payment shall only be made if the company is still able to pay its debts and other liabilities afterwards.<\/em><\/span><\/p>\n<p><span style=\"color: #282828;\"><em>4. In case the company is not able to pay for the repurchase of the stake as requested, the member is entitled to sell the stake to another member or a non-member.\u201d<\/em><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul>\n<li><span style=\"color: #333333;\"><strong><em>Transfer of the stake:<\/em><\/strong><\/span><\/li>\n<\/ul>\n<p><span style=\"color: #333333;\"><span style=\"color: #0000ff;\">Article 52 of the Law on Enterprise 2020<\/span> stipulates:<\/span><\/p>\n<table style=\"width: 100%; border-collapse: collapse; background-color: #faecd7; height: 21px;\">\n<tbody>\n<tr style=\"height: 21px;\">\n<td style=\"width: 100%; height: 21px;\">\n<p style=\"text-align: justify;\"><span style=\"color: #282828;\"><em>\u201c1. Except for the cases specified in Clause 4 Article 51, Clause 6 and Clause 7 Article 53 of this Law, a member of a multiple-member limited liability company is entitled to transfer part or all of their stake to another person as follows:<\/em><\/span><\/p>\n<p><span style=\"color: #282828;\"><em>a) Offer the stake to other members in proportion to their holdings under the same <\/em><em>conditions;<\/em><\/span><\/p>\n<p><span style=\"color: #282828;\"><em>b) Transfer the stake under the same conditions as those applied to other members mentioned in Point a of this Clause to a non-member if the other members do not purchase or fully purchase the stake within 30 days from the first day of offering.\u201d<\/em><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><span style=\"color: #333333;\"><strong>Regarding your case<\/strong>, based on the above provisions, you are entitled to request the Company to repurchase your contributed capital if there is a conflict in the process of doing business, but must comply with conditions and process as prescribed by the Law on Enterprise 2020. In case the company fails to repurchase your stakes, you are entitled to freely transfer your contributed capital to another non-member of the company.<\/span><\/p>\n<hr \/>\n<h3><span class=\"ez-toc-section\" id=\"PL_AND_PARTNERS_LAW_FIRM\"><\/span><span style=\"color: #ed1c24;\"><strong>PL <\/strong><strong>AND<\/strong> <strong>PARTNERS<\/strong><strong> LAW FIRM<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"color: #282828;\"><span style=\"color: #000000;\"><em><strong>Head<\/strong><strong>quarters<\/strong><strong>:<\/strong><\/em><\/span> <span style=\"color: #000000;\">46<sup>th<\/sup> Floor, Bitexco Financial Tower, No. 2 Hai Trieu, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam<\/span><\/span><\/p>\n<p><span style=\"color: #282828;\"><em><span style=\"color: #000000;\"><strong>O<\/strong><strong>ffice:<\/strong><\/span><\/em> <span style=\"color: #000000;\">Lot 1.16 Viva Riverside, 1472 Vo Van Kiet, Ward 3, District 6, HCMC<\/span><\/span><\/p>\n<p><span style=\"color: #282828;\"><em><span style=\"color: #000000;\"><strong>Hotline:<\/strong><\/span><\/em> <span style=\"color: #000000;\">093.1111.060<\/span><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\"><strong><em>Email:\u00a0<\/em><\/strong><a style=\"color: #000000;\" href=\"http:\/\/info@pl-partners.vn\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">info@pl-partners.vn<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\"><strong><em>Facebook:<\/em><\/strong>\u00a0<a style=\"color: #000000;\" href=\"https:\/\/www.facebook.com\/PLLaw\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">www.facebook.com\/PLLaw<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\"><strong><em>Website:\u00a0<\/em><\/strong><a style=\"color: #000000;\" href=\"https:\/\/pl-partners.vn\/\"><em>www.PL-PARTNERS.vn<\/em><\/a><em> \u2013 <\/em><a style=\"color: #000000;\" href=\"http:\/\/www.hoidapluat.net\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><em>www.HOIDAPLUAT.net<\/em><\/a><em> \u2013 <\/em><a style=\"color: #000000;\" href=\"http:\/\/www.thutucphaply.org\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><em>www.THUTUCPHAPLY.org<\/em><\/a><\/span><\/p>\n<hr \/>\n<table class=\"aligncenter\" style=\"width: 100%; border-collapse: collapse; background-color: #e9f3f7;\" border=\"1\/2pt\">\n<tbody>\n<tr>\n<td style=\"width: 100%;\">\n<ul>\n<li style=\"text-align: justify;\"><span style=\"color: #0000ff; font-size: 16px;\">The above-mentioned consulting opinions are based on the provisions of the law and information provided by the client. Any legal opinions expressed (unless cited) are our own and for reference only.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"color: #0000ff; font-size: 16px;\">At the time you read this article, the laws we refer to may have expired, or have been amended or supplemented. Therefore, we do not guarantee that the above information can be applied to all cases, to all subjects, at all times.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"color: #0000ff; font-size: 16px;\">For accurate and specific consultancy, please contact PL&amp;Partners&#8217; lawyer via call center <strong>093.1111.060<\/strong>\u00a0or email:\u00a0<strong>info@pl-partners.vn<\/strong>.<\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Question: Dear PL &amp; Partners Law Firm, we have a limited company with charter capital of VND 10 billion, including three members, me and two other friends of mine, in which, my contributed capital is VND 2 billion 500 million, accounting for 25% of the total charter capital. However, after 03 years of operation, the [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":3521,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[168],"tags":[195],"class_list":["post-3719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-focus-tdl","tag-legal-knowledge"],"_links":{"self":[{"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/posts\/3719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/comments?post=3719"}],"version-history":[{"count":0,"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/posts\/3719\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/media\/3521"}],"wp:attachment":[{"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/media?parent=3719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/categories?post=3719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pl-partners.vn\/en\/wp-json\/wp\/v2\/tags?post=3719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}