What types of Vietnamese legal entities are available?

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A foreign investor (just like a local investor) may select one of the following Vietnamese legal entities to carry out a project:

A limited liability company (“LLC”), in the form of either a single-member LLC (“SLLC”) or an LLC with two or more (up to a maximum of 50) members (“MLLC”).
A shareholding or joint stock company (“JSC”) which is a company with at least three shareholders but no maximum number of shareholders.
A general partnership or a limited liability partnership.
A private enterprise (akin to a sole proprietorship).

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