Rights and obligations of representative offices and their heads in Vietnam

Representative offices and their heads shall exercise their rights and perform their obligations in accordance with the provisions of the Commercial Law and the following regulations:

1.       Representative offices must neither act as representatives for other traders nor sub-lease their head offices.

2.       The head of a representative office of a foreign trader must not concurrently hold the following posts:

a)       The head of a Vietnam-based branch;

b)       The representative at law of the foreign trader for signing contracts without the latter’s letter of authorization;

c)       The representative at law of the enterprise established under Vietnamese law.

3.       In case foreign traders authorize heads of their representative offices to sign contracts, amend or supplement already signed contracts, they shall have to effect the authorization in writing for each contract signing or each amendment or supplementation of a signed contract .

Người đứng đầu chi nhánh

Rights and obligations of branches and heads of branches in Vietnam

Branches and heads of branches shall exercise their rights and perform their obligations in accordance with the provisions of the Commercial Law and the following regulations:

1.       Branches must neither perform the function of acting as representatives for other traders nor sub-lease their head offices

2.       Heads of branches of foreign traders must not concurrently hold the following posts:

a)       Heads of representative offices of the same foreign traders in Vietnam;

b)        Heads of representative offices or branches of other Vietnam-based foreign traders.