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Franchising is a powerful business strategy, helping businesses expand their scale quickly and effectively. Through this model, brands can take advantage of franchise partners’ capital and local market understanding, minimize risks and optimize costs. At the same time, franchise investors have access to a brand that has a solid foothold, thereby increasing their chances of business success.
According to current regulations, there are 03 common forms of commercial franchising, each form has different characteristics and scope of application. Specifically as follows:
Product/service brand franchising:
Franchise trade name:
Production franchise:
Legal conditions are a mandatory factor to protect the rights of both the franchisor and the franchisee, as well as ensure the legality of franchising activities in Vietnam. Specific conditions include:
Legal business registration:
Ensuring food safety and hygiene:
Register for trademark protection:
The franchising process requires preparation of complete documents and implementation of prescribed procedures to ensure the legality of the agreement between the parties.
Dossier for registration of commercial franchising includes:
The process of submitting commercial franchise documents needs to comply with the steps according to Article 20 of Decree 35/2006/ND-CP:
Step 1: The franchisor submits an application for registration of franchise activities to the Ministry of Industry and Trade.
Step 2: The receiving agency will review the application within 5 working days. If the application is valid, the agency will register it in the Commercial Franchise Register and notify the registrant in writing.
In case the dossier is incomplete or invalid, within 02 working days from the date of receipt of the dossier, the competent state agency must notify the proposed franchisor in writing to supplement, complete profile;
Step 3: After completing the process, if the application meets the requirements, the franchisor will be granted a license to register a commercial franchise. If refused, the agency will send a document stating the reason.
Long Phan provides comprehensive consulting and guidance services on franchising, supporting businesses in ensuring all legal aspects, from preparing documents to completing franchise registration procedures. With practical experience and extensive knowledge, Long Phan is ready to accompany and support customers in the process of expanding their brands through franchising. Services include:
For detailed advice and support on the franchising process in Vietnam, please contact Long Phan via the hotline 0906735386. We are ready to accompany customers in every step, helping to complete franchising procedures quickly and in legal compliance.
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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