Question
Answer
Establishment of operating office of foreign investor to BCC contract in Vietnam ?
A foreign investor to a BCC contract may establish an operating office in Vietnam to implement the contract. The foreign investor to the BCC contract shall decide the location of its operating office depending on requirements for implementing the contract.
The operating office of a foreign investor to the BCC contract shall have a seal, may open accounts, recruit employees, sign contracts and conduct business activities within the scope of the rights and obligations stipulated in the BCC contract and the registration certificate for establishment of an operating office (Clauses 1, 2 Article 49, Law on Investment No. 67/2014/QH13 dated 26 November 2014).
Registration file for establishment of an operating office of foreign investor to BCC contract:
The registration file for establishment of an operating office shall comprise:
A written registration for establishment of an operating office containing the following items: the name and address of the representative office (if any) of the foreign investor to the BCC contract in Vietnam; the name and address of the operating office; content, duration and scope of activities of the operating office; full name, residence, card, ID card or passport of the head of the operating office; the decision of the foreign investor to the BCC contract on establishment of an operating office; a copy of the decision on appointment of the head of the operating office; and a copy of the BCC contract (Clause 4, Article 49, Law on Investment No. 67/2014/QH13 dated 26 November 2014)./.
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DMS Law firm in Vietnam
Director
(Signed)
Lawyer Do Minh Son