DHT Successfully Assists Foreign Businesses in Establishing Representative Offices in Vietnam
In the context of the rapidly developing global economy, the expansion of business operations abroad has become an essential need for many enterprises. However, establishing branches and representative offices in Vietnam is not an easy task. Vietnamese regulations require businesses to comply with many complex conditions and procedures.
According to the 2020 Law on Enterprises and Decree 78/2015/ND-CP, foreign enterprises wishing to establish a branch or representative office in Vietnam must submit a registration file at the Business Registration Office under the Department of Planning and Investment where the branch or representative office is located. This file includes documents such as a business registration certificate, company charter, and other relevant documents.
In practice, the establishment of branches and representative offices in Vietnam faces many challenges due to the complex legal regulations and requirements regarding business lines. However, with the support of Dai Ha Thanh Law Firm (DHT), many foreign businesses have successfully expanded their operations in Vietnam. DHT not only helps enterprises complete the legal documentation but also advises on eligible business lines and assists them in meeting all the requirements of Vietnamese law.
In the first half of 2024 alone, DHT is proud to have successfully supported the establishment of two representative offices for foreign businesses in Vietnam. The first is the representative office of MJ Apanada Management Consultancy OPC (MJA), operating in the field of a renewable energy consulting. With DHT's support, MJA has completed the legal procedures and obtained a license to operate in Vietnam, thereby expanding its scope of operations and providing management consulting services to businesses here.
In addition, DHT has also successfully supported the establishment of a representative office for Scaleflex, a global IT company specializing in the development of digital asset management solutions, media optimization, and visual AI. With the successful establishment of a representative office in Vietnam, Scaleflex now has more opportunities to provide advanced IT services and support businesses in managing and optimizing their digital assets.
These successes are not only important steps for foreign enterprises, but also contribute to the economic development of Vietnam. DHT's commitment to delivering exceptional legal services has been instrumental in the success of these clients and numerous others. Our deep understanding of Vietnamese law and business culture allows us to provide tailored solutions that meet the specific needs of each client.
By choosing DHT as your legal partner, you can confidently navigate the complexities of the Vietnamese market and achieve your business objectives.
