In the context of business operations, a “business location” refers to the physical site where an enterprise conducts its activities. Understanding its definition, key characteristics, and the necessary legal procedures for establishing and notifying business locations is crucial for entrepreneurs and organizations looking to comply with regulations and optimize their operations. This article explores these […]
One of the key considerations for businesses expanding internationally is the legal capacity of their branches and representative offices. This article explores whether such entities have the authority to sign contracts and how this affects business operations across borders. What are branches and representative offices? According to Article 44 of the 2020 Enterprise Law, the […]
Establishing a representative office or branch in Vietnam offers significant opportunities, but there are cases where licenses may be denied. This article outlines the common reasons for refusals, helping foreign traders understand potential challenges and ensure compliance with local regulations. Legal basis Conditions for grant of branch or representative office establishment licenses Foreign traders can […]
Establishing a branch or a representative office of a foreign trader in Vietnam can be a strategic move for expanding business operations. However, the process involves meeting specific conditions, preparing a detailed dossier, and following a set procedure to ensure full compliance with Vietnamese regulations. This article provides an overview of these key steps, offering […]
The termination of operations of branches and representative offices is a significant decision for businesses, often driven by strategic, financial, or regulatory factors. This article explores the various circumstances under which such entities may cease operations, as well as the procedures and legal requirements involved in terminating them. 1. Cases of termination of operations of […]
In the context of corporate expansion, businesses frequently establish either representative offices or branches to extend their presence in foreign markets. While both serve as extensions of the parent company, they differ fundamentally in terms of legal person status, operational scope, and regulatory obligations. A clear understanding of these distinctions is essential for companies seeking […]