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Branches of foreign traders in Vietnam operate under clear legal regulations, to ensure compliance with international commitments and legitimate interests of both parties. Establishing a branch is one of the important ways for foreign traders to participate in commercial activities in Vietnam, with specific rights and obligations.
According to Article 16 of the Law on Commercial 2005, regulations on foreign traders operating in Vietnam are as follows:
According to the provisions of Clause 7, Article 3 of the Law on Commercial 2005, a branch of a foreign trader in Vietnam is a dependent unit, established to carry out commercial activities in accordance with the provisions of Vietnamese law.
Branches do not have independent legal status and can only carry out activities within the licensed scope.
The establishment of a branch must comply with the conditions and procedures prescribed by Vietnamese law.
Branch Rights
According to the provisions of Article 19 of the Law on Commercial 2005, branches of foreign traders have the following rights:
Obligations of the Branch
According to the provisions of Article 20 of the Law on Commercial 2005, branches of foreign traders must perform the following obligations:
According to Article 33 of Decree 07/2016/ND-CP, regulations on heads of branches of foreign traders are as follows:
At Long Phan, we specifically support and advise on regulations on branches of foreign traders to ensure the best interests of customers. Our services include:
Foreign traders need to clearly understand the rights, obligations as well as administrative procedures that need to be carried out when establishing and operating a branch in Vietnam. To support this process, professional consulting services can help foreign traders fully grasp the requirements and conditions prescribed by Vietnamese law. If you need more information or support, please contact us via the hotline 0906735386 for detailed advice.
Note: The content of the articles published on the website of Long Phan Investment Consulting Company is for reference only regarding the application of legal policies. Depending on the time, subject, and amendments, supplements, and replacements of legal policies and legal documents, the consulting content may no longer be appropriate for the situation you are facing or need legal advice on. In case you need specific and in-depth advice according to each case or incident, please contact us through the methods below. With our enthusiasm and dedication, we believe that Long Phan will be a reliable solution provider for our clients.
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