Setting up a Representative Office in Vietnam

Vietnam continues to showcase strong growth patterns despite the ongoing COVID-19 pandemic, leading investors to favorably consider the country as an ideal location for new investment. In this context, it is important to understand the prevailing office types and structures in the country. For foreign businesses looking to enter Vietnam, the representative office (RO) structure is a popular vehicle for investment due to a variety of factors. In this issue of Vietnam Briefing magazine, we look at how to establish an RO, the viability of RO operations, and tax obligations involved with dissolving an RO.