In a single-member limited liability company, the owner’s confirmation is a mandatory legal requirement for any capital transfer.
Since all rights and obligations are concentrated in the sole owner, no licensing authority can process a transfer application without the owner’s signed approval.

This requirement becomes even more critical when the owner is a foreign legal entity, as Vietnamese law must verify both the legitimacy of the transferring entity and its internal authorization for the transaction.

Without the foreign owner’s clear and valid signature, the transfer cannot be recognized, and the licensing procedure will not be carried out.