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Establishment of foreign companies in
Vietnam
Branches
Branches are defined as legal foreign entities that are allowed to
undertake certain trading and tourism activities in Vietnam. The Ministry
of Trade is responsible for the issuance, amendment, and withdrawal of
licenses for branches operating in trade.
Foreign company branches operating in trading activities may engage in the
following business lines:
- Exporting goods produced in Vietnam, such as handicrafts,
unprocessed and processed agricultural produce (except rice and coffee),
and consumer goods
- Importing for distribution in Vietnam certain goods that include
equipment and machinery used for mining and processing of agricultural and
fishery products, materials for production of medicine for both people and
animals, and materials for production of fertilizers and insecticides
Representative offices
Each company is permitted to set up one or more representative offices.
Provincial People's Committees are responsible for the issuance,
amendment, and withdrawal of licenses for representative offices.
Requisite filings
The following paperwork is required to set up branches or representative
offices for foreign companies in Vietnam:
- An application form submitted by the company wishing to establish
a presence in Vietnam [ Download in Word format ]
- A copy of the Certificate of Incorporation of the foreign company,
notarized by authorities of the registering country
- A copy of this certificate translated into Vietnamese, notarized
by a Vietnam Notary Public or by a diplomatic mission of Vietnam in the
registering country
- One unified form
If all forms are legal and in order, a license will be issued within 15
days.
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