Sample charter of a LLC with two or more members for reference

Article overview

A sample charter of a limited liability company with two or more members is an important document, that helping to determine the organizational structure, rights, and obligations of members of the company. Building a clear charter helps ensure transparency in management, minimize disputes, and create a solid foundation for the long-term development of the business. This is the first step in the process of establishing and operating the company, ensuring compliance with legal regulations.

Sample charter of a two-member limited liability company according to regulations
Sample charter of a two-member limited liability company according to regulations

Contents of the charter model of a two-member limited liability company according to regulations in 2024

The charter of a limited liability company with 2 or more members is implemented according to the provisions of Article 24 of the Law on Enterprise 2020, including the following contents:

  • Name and address of the company’s headquarters; Name and address of branch and representative office (if any).
  • Industry and business of the company.
  • Charter capital; total number of shares, types of shares and par value of each type of shares (if applicable to joint stock companies).
  • Member information: Full name, contact address, nationality of general partners for partnerships; of company owners and members in the case of limited liability companies; of founding shareholders for joint stock companies. Including capital contribution and capital contribution value of each member for limited liability companies and partnerships; number of shares, types of shares, par value of each type of shares for founding shareholders of joint stock companies.
  • Rights and obligations of members towards limited liability companies and partnerships; of shareholders for joint stock companies.
  • Company management organizational structure.
  • Regulations on legal representatives: Number, management titles and rights and obligations of legal representatives of the enterprise; Divide the rights and obligations of the legal representative if there is more than one person.
  • Procedure for approving company decisions; principles of internal dispute resolution.
  • Bases and methods for determining salaries, remunerations, and bonuses of managers and controllers.
  • Right to request the company to repurchase capital contributions in the case of limited liability companies or shares in the case of joint stock companies.
  • Principles for distributing after-tax profits and handling losses in business.
  • In case of dissolution: Dissolution order and procedures for liquidation of company assets.
  • Procedures for amending and supplementing the company charter.
Contents of charter form for limited liability company with two or more members
Contents of charter form for limited liability company with two or more members

Sample charter of a limited liability company with two or more members is for reference

Currently, there is no standard form for a charter of a limited liability company with two or more members. The construction of charter content will be based on the provisions of the Law on Enterprise 2020 and the agreement of the owners. Next, Long Phan would like to introduce to you a sample charter of a two-member limited liability company so that you can refer to it in the process of building your company’s charter.

>> Sample charter of a limited liability company with two or more members 2024.

Is it necessary to register to change the charter of a limited liability company with two or more members?

According to Article 23 and Article 24 of the Law on Enterprise 2020, changing the charter of a LLC with two or more members does not require registration. However, in some cases where changes to the company charter lead to changes in charter capital, a limited liability company with two or more members is responsible for submitting a dossier to change charter capital within 10 days from the date of change.

Is registration required when changing the charter of a limited liability company with two or more members?
Is registration required when changing the charter of a limited liability company with two or more members?

Consulting services for drafting charters for limited liability companies with two or more members

Long Phan’s consulting service for drafting charters of limited liability companies with two or more members will bring you optimal and professional solutions. We provide the following services:

  • Consulting on regulations related to corporate charter.
  • Support in drafting charters for limited liability companies with two or more members.
  • Consulting on the rights and obligations of company members.
  • Consulting on company organizational structure.
  • Consulting on supplementing and amending the company charter.
  • Consulting on other issues and procedures related to the company charter.

Drafting the charter of an LLC with two or more members is an important step to ensure the stable and transparent operation of the business. The Charter not only regulates the rights and obligations of members, but also serves as a legal basis to help resolve disputes and ensure compliance with the law. If you need in-depth support in drafting the company charter, do not hesitate to contact us via the hotline 0906735386.