Vietnam Branch Office
A Vietnam branch office is an excellent way for a foreign company to make sales in Vietnam while retaining ultimate control of the company outside Vietnam. The following information will help you determine whether a Vietnam branch office is the optimum corporate solution to fulfill your international business objectives. |
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| Advantages of a Vietnam Branch Office | |
| 1. | A Vietnam branch office can hire staff and make sales in Vietnam, and can import and export goods to and from Vietnam. |
| 2. | A Vietnam branch office has no minimum capital requirements. |
| 3. | A Vietnam branch office requires a minimum of one shareholder and one director. |
| 4. | Healy Consultants can obtain Vietnam residence visas for expatriate staff for your Vietnam branch office. |
| 5. | Healy Consultants can open a corporate bank account in Vietnam for your Vietnam branch office. |
| Disadvantages of a Vietnam Branch Office | |
| 1. | A Vietnam branch office cannot distribute imported or domestically-produced goods within the country. |
| 2. | The foreign company must have been in operation for three years to obtain a branch office license. The foreign company is required to submit a notarised copy of its charter/operation rules, legalised by the nearest Vietnamese embassy or consulate. Vietnamese translations of all foreign documents are required, and must also be notarised by a Vietnamese state notary or Vietnamese embassy or consulate. |
| 3. | A Vietnam branch office is liable to pay a corporation tax of 28% on all taxable income. |
| Healy Consultants fees for a Vietnam Branch Office | |
| A Vietnam Branch Company costs in Year 1 range from US$11,000 to US$21,000 depending on the corporate structure chosen and the range of professional services required from Healy Consultants. These fees include i) government License fees ii) virtual office fees iii) corporate bank account opening and iv) residence and employment visas. | |
| Contact Us | |
For more information on a Vietnam branch office, email  or call (+65) 6735 0120. |
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| Back to Vietnam Company Formation page. | |
