Certificate of Capital Contribution: Acknowledging Financial Support

1. Certificate of Capital Contribution: Acknowledging Financial Support

Acknowledging Financial Support
According to Clause 5 Article 48 of the Law on Enterprises 2014 of Vietnam, when a member fully contributes capital, the company shall issue a Certificate of capital contribution to such member. The certificate of capital contribution shall contains:

- The enterprise’s name, ID number, and headquarter address;

- The enterprise’s charter capital;

- Full name, permanent residence, nationality, ID/passport number if the member is an individual; name, establishment decision number or company ID number, headquarter address if the member is an organization;

- The member’s stake and value thereof;

- Number and date of issue of certificate of capital contribution;

- Full name and signature of the company’s legal representative.

Every member must contribute capital properly in terms of sufficiency and type of assets as agreed within 90 days from the day on which the Certificate of Business registration is issued.

In case a certificate of capital contribution is lost, damaged, or otherwise destroyed, its holder shall have it reissued in accordance with the procedures provided for by the company’s charter.

Thus, when a member has fully contributed the registered capital at the time of company establishment, the company must issue the member a certificate of capital contribution. This is a very important and necessary document as a basis for confirming an individual's capital contribution. Concurrently, this is also the basis for members to exercise their rights and property responsibilities later in the company.

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Q&A

Question 1: What is a capital contribution certificate, and why is it important for businesses?

Answer 1: A capital contribution certificate is a document issued by a business to its investors or partners, acknowledging their capital contributions. It's important for businesses as it serves as proof of the investor's ownership stake and the amount of capital they've contributed.

Question 2: Where can I find a capital contribution certificate template?

Answer 2: You can find capital contribution certificate templates online from various sources, including business document websites, legal template providers, or by consulting with legal professionals. These templates can be customized to suit the specific needs and structure of your business.

Question 3: What information should a capital contribution certificate template include?

Answer 3: A capital contribution certificate template typically includes:
- The business's name and contact information.
- The investor's name and contact information.
- Certificate number for identification.
- Date of issuance.
- Details of the capital contribution, including the amount and type (cash, property, shares).
- Terms and conditions, if any.
- Signatures of authorized representatives.

Question 4: Are capital contribution certificates legally binding documents?

Answer 4: Capital contribution certificates are not typically legally binding documents on their own. They serve as evidence of the capital contribution made and the ownership stake. However, the legal binding nature is often established through other documents, such as partnership agreements or shareholder agreements, which specify the rights, responsibilities, and obligations of the investors or partners. The certificate supports the terms outlined in those agreements. It's essential to consult with legal counsel to ensure all documents align with your business's legal requirements.