How to Set up Branch Office in Vietnam?
Foreign entity is allowed to set up branch office in Vietnam to
conduct business activities according to the law.
Set up Branch Office in Vietnam
The branch of a foreign business entity in Vietnam (referred as
“The Branch”) means a subsidiary unit of the foreign business entity,
established in accordance with the law of Vietnam in order to enter into
contracts in Vietnam and conduct activities being the purchase and sale of
goods and other commercial activities consistent with its license for
establishment in accordance with the law of Vietnam and any international
treaty to which the Socialist Republic of Vietnam is a member.
The Branch will need to apply and obtain the establishment
license; and have a seal bearing the name of the Branch.
The Branch is permitted to conduct activities being the purchase
and sale of goods and other commercial activities consistent with its license
for establishment in accordance with the law of Vietnam and any international
treaty to which the Socialist Republic of Vietnam is a member.
It should be noted that the liability of the Branch is the
liability of the foreign entity. The business activity of the Branch has to be
consistent with the business activity of the foreign entity. The Branch has to
has office address. Therefore the investor should consider its investment
strategy when setting up branch office in Vietnam.
With highly professional staff and great experience in business
in Vietnam, ANT Lawyers - Law firm in Vietnam would like to support
to set up branch office in Vietnam.
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