Foreign traders conducting commercial activities in Vietnam

DMS Law office in Danang, Vietnam advises about traders, foreign traders in Vietnam ? 

Traders:

Traders include lawfully established economic organizations and individuals that conduct commercial activities in an independent and regular manner and have business registrations.

Traders are entitled to conduct commercial activities in business lines and sectors, in geographical areas, in forms and by modes which are not banned by law.

The right of traders to conduct lawful commercial activities is protected by the State.

Foreign traders conducting commercial activities in Vietnam:

Foreign traders mean traders established and registered according to the provisions of foreign laws or recognized by foreign laws.

Foreign traders are entitled to set up their representative offices or branches in Vietnam; to establish in Vietnam foreign-invested enterprises in the forms provided for by Vietnamese law.

Vietnam-based representative offices and branches of foreign traders have the rights and obligations specified by Vietnamese law. Foreign traders shall be held responsible before Vietnamese law for all activities of their Vietnam-based representative offices and branches.

Foreign-invested enterprises established in Vietnam by foreign traders according to the provisions of Vietnamese law or international treaties to which the Socialist Republic of Vietnam is a contracting party shall be regarded as Vietnamese traders (Articles 6 and 16 The Commercial Law No. 17/VBHN-VPQH dated 05 July 2019)./.

Related topics:

Rights of a representative office of foreign traders in Vietnam

Invest to set up a representative office in Vietnam

Establish commercial presence of foreign company in Vietnam

Establish representative office of foreign company in Vietnam

Contact us: 

Phone: 0914 165 703

Email: dmslawfirm@gmail.com 

DMS LAW LLC
Director
(Signed)
Lawyer Do Minh Son