Set Up a Branch in Vietnam

Updated on Thursday 31st May 2018

Rate this article
based on 2 reviews


Set Up a Branch in Vietnam Image
Vietnam is a very open country from a foreign investments point of view. This is one of the reasons why the Commercial Code provides for various business forms available for foreign companies interested in establishing a presence here.

One of these business forms is the branch office. Similar to a Singapore branch office, this type of structure allows a foreign company to have an office in Vietnam through which it carries out the same activities as in its home country. Our Vietnam company formation specialists can offer information on the business forms available for foreign companies interested in operating in this country.

You can also watch our video on how to create a branch office in Vietnam:
 

Registering a branch office in Vietnam

Compared to other types of companies, the Vietnam branch office will be registered with the Department of Industry and Trade and not the Ministry of Planning and Investment. The branch office must have the same name as the parent company and must also have a seal bearing the same name.
In order to set up a branch, it is advisable for the foreign company to appoint a local agent who can complete the registration and licensing procedures. It is important to know that a Vietnam branch needs a special permit, called the establishment license.

Our company registration consultants in Vietnam can assist with the incorporation process of a branch office.
 

Documents needed to set up a branch in Vietnam

The foreign company must prepare the following documents upon the registration of a Vietnam branch office:
-          a notarized copy of the parent company’s certificate of incorporation;
-          a notarized copy of the parent company’s statutory documents;
-          a notarized copy of the last audited financial documents of the parent company.
The documents above must be filed with the Department of Industry and Trade together with:
-          a notarized copy of the rental contract for the business address of the branch;
-          a notarized copy of the branch office representative’s passport;
-          the incorporation documents of the branch office;
-          a prescribed application form.

All documents sent by the foreign company must be translated into Vietnamese.
For full information on the formation process of a Vietnam branch office, please contact us. You can also rely on our local advisors if you are interested in setting up a company in Vietnam.

 

Comments

There are no comments

Please note that URLs are not allowed in the message.

*
*