If you have three or more members, you can choose between a Joint Stock Company and a Limited Company, depending on your needs.
Taxes: Both types have identical tax obligations. However, when transferring capital, a Joint Stock Company incurs a Capital Gain Tax tax of 0.1% (e.g., transferring 1 billion VND results in a 1 million VND tax), whereas an LLC faces a tax rate of up to 20%.
Legal Rights: Both entities possess similar rights to raise funds, purchase, sell, and transfer assets. The key difference is in the number of shareholders: a Joint Stock Company has no limit on shareholders, while an LLC is capped at 50 shareholders.