LICENCE OF BRANCHES OF THE FOREIGN COMPANY OPERATE IN VIETNAM



I. Conditions for establishment of branches of foreign companies in Vietnam...     

Foreign traders shall be granted licenses to establish their branches in Vietnam when it satisfies the following conditions:

  • The trader has business establishment under the law of such nation or business registration by legal recognition;
  • Having been operating for 05 years, since the establishment of business or legal registration.

Certificate in branch establishment in Vietnam of foreign traders has a term of 05 years but does not exceed the remaining term of the certificate of business registration or papers of equivalent of foreign traders in case the foreign law stipulates the duration of business registration Certificate of the foreign trader.

II. Dossier for establishment of Branches of foreign companies in Vietnam

  1. An application for issuing the Certificate in establishment of Branch in the form issued by the Ministry of Commerce and signed by a competent representative of the foreign trader;

  2. A copy of the Charter in operations of the Branch, which specifies the scope of authorization to the head of the Branch;

  3. A copy of certificate of business registration or papers of equivalent value of the foreign traders issued by the competent authority where foreign trader has business establishment or business registration with confirmation. In case the certificate of business registration or papers of equivalent value prescribed time limit the activities of foreign traders, the duration of which must be at least 03 years;

  4. The financial statements audited or other documents of equivalent value proving the existence and true activities of foreign traders in the latest financial year. 

III. The procedures for establishing a branch of foreign companies in Vietnam

  • The number of dossiers to be submitted: 01 dossier bound into each volume.

  • Agency in receipt of dossier: Department Industry and Trade (or Department of Trade) of the province/city.

  • Time for consideration and issuing the Operation Certificate of the Branch from the date of receipt of a valid application is 15 working days.

  • The duration of the Registration and issuing tax registration Certificate (tax code) is 05 working days from the date of obtaining the Certificate of operation.

  • The duration of the procedures for producing the seal is 02 working days after (obtaining the Certificate of operation.

  • Within 45 days from the date of issuance of the Certificate, the Branch must come into operations and notify the Department of Trade the opening activities at the registered office.

LVT Lawyers with a team of lawyers with many years of experience in legal advice for establishment of branches of foreign enterprises in Vietnam. Along with the enthusiasm and dedicated work, we assure we always put the interests of clients at the top to fit the motto "Our services, your success". LVT Lawyers provide legal advisory services on the establishment of branches of foreign enterprises in Vietnam as follows:

  • Consulting on the conditions and procedures, records for establishing representative offices and branches of foreign traders in Vietnam;

  • Drafting application dossiers for establishing representative offices and branches of foreign traders in Vietnam;

  • Supporting the enterprise to performed procedures in certified true copy, authentication, consular legalization, document translation ...

  • Representing the Enterprise to file the application for establishing representative offices and branches of foreign traders in Vietnam at the Department of Trade and Industry;

  • Getting the Certificate of operation of representative offices and branches of foreign traders in Vietnam;

  • Registration for the seal and seal specimen certificate for representative offices of foreign companies in Vietnam;

  • Consulting on the following procedures in establishment of representative offices of foreign companies in Vietnam: Work permits, temporary residence card, signing labor contracts, social insurance, periodic reports ......