<\/span><\/h3>\nAdvantages:
\n<\/strong>Easy to establish, simple procedures.
\nThe owner is only responsible within the scope of their capital contribution, reducing personal financial risk.
\nSuitable for small-scale or newly started startups, when there are only 1-2 founders.
\nDisadvantage:
\n<\/strong>Limitations in raising external capital because they do not issue shares.
\nThe management process can become more complex when adding new members.
\nSuitable for whom?:Startup in the service sector, simple technology, or not yet needing large funding.<\/p>\n<\/span>2. Joint-stock company \u2013 The “star” for ambitious startups<\/span><\/h3>\nAdvantage:
\n<\/strong>Easily raise capital through issuing shares \u2013 ideal for startups looking to attract funding from investment funds or angel investors.
\nFlexible management structure, suitable for a large and diverse team of founders.
\nCreate a professional and reputable image with partners and customers.
\nDisadvantage:
\n<\/strong>The establishment procedure is more complex, requiring at least 3 initial shareholders.
\nHigher operating costs (shareholder meetings, financial reports…).
\nSuitable for whom?: Technology startups, innovation, or those with plans for rapid expansion and significant fundraising.<\/p>\n<\/span>3. Private enterprise \u2013 Personalised choice<\/span><\/h3>\nAdvantages:
\n<\/strong>Simple, easy to manage, suitable for founders who want to take the lead themselves.
\nLow establishment cost.
\nDisadvantage:
\n<\/strong>The owner has unlimited liability \u2013 if the company incurs debts, personal assets are also affected.
\nCannot easily add members or raise capital.
\nSuitable for whom?: Super small startups, individuals running their own businesses (for example, freelancers transitioning to entrepreneurship).<\/p>\n<\/span>4. Partnership company \u2013 Rare but still has a place<\/span><\/h3>\nAdvantage:
\n<\/strong>Create high trust due to the unlimited responsibility of the general partners.
\nSuitable for a group of founders with close relationships who want to share responsibility together.
\nDisadvantages:
\n<\/strong>High financial risk, few startups choose it due to its “gamble” nature.
\nWho is it suitable for?:Rarely chosen by startups, usually only suitable for traditional business groups.<\/p>\n<\/span>Note when choosing a business model for a startup<\/span><\/h2>\nBusiness goals:<\/strong> Do you want to develop compactly or scale up significantly?If aiming for fundraising, a joint-stock company is the optimal choice.
\nNumber of founders:<\/strong> If alone, a single-member LLC or a private enterprise is sufficient.Many people consider a 2-member LLC or a joint-stock company.
\nFinancial capability: <\/strong>A startup with limited capital should prioritise a model with low initial costs, such as an LLC.
\nT\u00ednh ph\u00e1p l\u00fd:<\/strong> \u0110\u1eebng qu\u00ean tham kh\u1ea3o lu\u1eadt s\u01b0 ho\u1eb7c chuy\u00ean gia \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o m\u00f4 h\u00ecnh ph\u00f9 h\u1ee3p v\u1edbi ng\u00e0nh ngh\u1ec1 v\u00e0 quy \u0111\u1ecbnh ph\u00e1p lu\u1eadt.
\nFlexible changes:<\/strong> If you want to convert later (for example, from LLC to JSC), you need to understand the process clearly to avoid confusion.<\/p>\n<\/span>Why is choosing the right business model important?<\/span><\/h2>\nCost savings: <\/strong>The right model helps you avoid wasting money and time on unnecessary procedures.
\nAttracting investors:<\/strong> Investment funds often prefer joint-stock companies because they are easy to join and withdraw from.
\nProtecting founders:<\/strong> Choosing a limited liability model helps you avoid “carrying” debt with personal assets.<\/p>\n<\/span>Which model should you choose for your startup?<\/span><\/h2>\nThere is no one-size-fits-all answer for every startup, but if you are just starting out and want safety, an LLC is the ideal starting point.And if you have big ambitions, aiming for the international market or raising millions in funding, a joint-stock company will be the perfect “launchpad.”Carefully consider your goals, team, and resources before making a decision. <\/p>\n
Are you still unsure?Please leave your questions or consult business advisory services for more detailed support.Choose the right model today, and your startup will have a solid foundation to break through tomorrow! <\/p>\n
H&P GROUP CO., LTD.<\/strong>
\nAddress:<\/strong> 38\/26 Nguy\u1ec5n V\u0103n Tr\u1ed7i, Ward 15, Ph\u00fa Nhu\u1eadn District, Ho Chi Minh City, Vietnam
\nHotline:<\/strong> 028.6650.4729
\nEmail:<\/strong> info@hpg-tax.com<\/p>\n","protected":false},"excerpt":{"rendered":"When starting a business, one of the most important decisions that founders need to make is choosing the right business model.In Vietnam, with a diverse legal system and various types of businesses, choosing the right model not only helps startups operate smoothly but also optimises costs, management, and fundraising capabilities.So, which model should startups choose?Let’s…<\/p>\n","protected":false},"author":1,"featured_media":847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/hpgrp.vn\/en\/wp-json\/wp\/v2\/posts\/1202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hpgrp.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hpgrp.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hpgrp.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hpgrp.vn\/en\/wp-json\/wp\/v2\/comments?post=1202"}],"version-history":[{"count":0,"href":"https:\/\/hpgrp.vn\/en\/wp-json\/wp\/v2\/posts\/1202\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hpgrp.vn\/en\/wp-json\/wp\/v2\/media\/847"}],"wp:attachment":[{"href":"https:\/\/hpgrp.vn\/en\/wp-json\/wp\/v2\/media?parent=1202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hpgrp.vn\/en\/wp-json\/wp\/v2\/categories?post=1202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hpgrp.vn\/en\/wp-json\/wp\/v2\/tags?post=1202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}