Procedures for changing legal representative of a joint stock company

1. Documents for changing legal representative of a joint stock company:

According to Clause 1, Article 50 of Decree 01/2021/ND-CP, the dossier for changing the legal representative of a limited liability company or joint stock company includes:

- Notice of change of legal representative;

- Copy of legal documents of the individual for the new legal representative;

- Depending on the type of business, the following documents are required:

+ Resolutions and decisions of the company owner for a single-member limited liability company;

+ Resolution, decision and copy of minutes of meeting of the Board of Members for limited liability companies with two or more members on changing the legal representative;

+ Resolution and copy of minutes of the General Meeting of Shareholders for joint stock companies on changing the legal representative in case the change of legal representative changes the content of the Company Charter;

Resolution, decision and copy of minutes of the Board of Directors meeting for joint stock companies in case the change of legal representative does not change the content of the company's Charter other than the full name and signature of the company's legal representative as prescribed in Article 24 of the Enterprise Law 2020.

2. Where to submit application

In case of change of legal representative of the company, the company shall submit the registration dossier for change of business registration contents to the Business Registration Office where the company has its head office.

3. Procedures for changing the legal representative of a limited liability company or joint stock company

After receiving the business registration dossier, the Business Registration Office shall issue a Receipt, check the validity of the dossier and issue a Business Registration Certificate to the enterprise.

4. Legal basis: Article 50 of Decree 01/2021/ND-CP.