Setting up Representative Office in Hoi An or Representative Office in Da Nang, Vietnam.
Dear DBLegal Law Firm in Da Nang, Viet Nam. I am a foreigner that lives in Hoi An, Vietnam. I am considering setting up Representative Office located in Da Nang or in Hoi An, Vietnam. But I am still not having a clear understanding about this form. Please help to give advice on this matter.
Answer:
Foreign companies may apply to open representative offices in Viet Nam.
A representative office cannot conduct commercial activities (i.e. the execution of contracts, receipt of funds, sale or purchase of goods, or provision of services).
A representative office is only permitted to:
- Act as a liaison office;
- Conduct market research; and
- Promote its parent company’s business and investment opportunities.
Thus representative offices can provide a wide range of ancillary support to their foreign-based parent companies, particularly those in the first stage of a market entry strategy in Vietnam.
“DB Legal is a full legal service law firm in Da Nang, Viet Nam. Our Lawyers bring enormous legal experience for both local and foreign parties in Central Viet Nam, mainly areas in Da Nang, Hoi An, Nha Trang, Hue, Quy Nhon ,etc.
For more information: Our Vietnamese social page or English social page
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