A representative office is the most popular model for market entry in Vietnam. As an affordable solution for newcomers to familiarize themselves with the Vietnamese market, setting up a representative office can be a preliminary step before fully committing to commercial activities and expansion.
• Definitions and benefits of a representative office
• Legal requirements for registering a representative office
• Permitted and prohibited activities
• Steps required to register a representative office
• Conditions to be appointed as a head of representative office
• PIT compliance and reporting obligations
• Advantages and disadvantages of operating a representative office compared to other business entities