Who can set up a branch office in Vietnam?
To set up a branch office in Vietnam, the trader will need to apply and obtain the establishment license; and have a seal bearing the name of the branch.
Who can set up a branch office in Vietnam?
A foreign business entity or a foreign trader is allowed to set up a branch office in Vietnam to conduct business activities.
Having the right to conduct business activities in Vietnam and make profit are how a branch differs from a representative office in Vietnam. A branch depends on the foreign business entity that set-up the branch while a foreign owned company set-up in Vietnam exists by itself. The Vietnam Department of Industry and Trade will be approving the establishment of a branch office in Vietnam while Vietnam Ministry of Planning and Investment will be the State agency that coordinate the setting up a company in Vietnam.
Read more: How Foreign Entity Could Set up a Branch Office in Vietnam?