Foreign advertising companies can set up representative offices in Vietnam to carry out advertising promotion activities; (but cannot directly trade in advertising services). This issue is specified in the Law on Advertising 2012 and Decree 181/2013/ND-CP; detailing the implementation of a number of articles of the Law on Advertising. Let’s find out the issue about representative office of foreign advertising company in Vietnam with LSX lawfirm.
Dossier of application for a license to establish a representative office of a foreign advertising company
- Firstly, an application form signed by a competent representative of the foreign advertising enterprise (the form prescribed by the Ministry of Culture, Sports and Tourism);
- Secondly, a copy of the business registration certificate or equivalent documents of the foreign enterprise, certified by the competent authority where the enterprise is established or registered;
- Thirdly, audited financial statements or other documents of equivalent value proving the existence and operation of foreign advertising enterprises in the latest fiscal year.
Besides, a copy of the business registration certificate and financial statement or equivalent document must be translated into Vietnamese and certified by a diplomatic mission; or consular office of Vietnam abroad and carry out the consular legalization accordingly the provisions of Vietnamese law.
01 set of documents.
Where to receive documents
Provincial People’s Committee where the representative office is located.
Firstly, If the application is valid: within 10 days, the People’s Committee of the province shall consider; and grant a license to establish a representative office for the foreign advertising company;
Secondly, If the dossier is not valid: within 03 working days; the People’s Committee of the province shall send a written request to supplement and complete the dossier.
Within 45 (forty five) days from the date of issuance of the License; the representative office must operate and notify in writing the provincial-level People’s Committee of the time of commencement of operation location of head office; number of Vietnamese people; number of foreigners working at the representative office; contents of operation of the representative office.
Contact LSX Law firm
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Firstly, foreign traders may establish their representative offices and branches in Vietnam according to Vietnam’s commitments in international treaties to which Vietnam is a contracting party.
Secondly, a foreign trader may not establish more than one representative office or branch with the same name within a province or centrally run city.
Foreign traders must be responsible before Vietnamese law for all their representative offices and branches in Vietnam.