Procedures for extension of Licenses for Establishment of representative offices of foreign traders in Vietnam

I.  Cases eligible for extension of Licenses for Establishment of the representative office

Every foreign trader shall be eligible for the grant of extension of the license or establishment of the representative office upon the expiration of the time limit specified in their license, excluding in the cases of having violation leading their branch’s establishment license withdrawn according to the provisions of Article 44 Decree No. 07/2016/ND-CP.

A dossier for extension of the representative office establishment license must be submitted within 30 days before the permit expires.

II.  Records for the procedure

1.  An application form for extension of the License for Establishment of the representative office signed by a competent representative of the foreign trader.

2.  Copies of the Certificate of Business registration or equivalent documents of the foreign trader;

3.  Copies of audited financial statements or certificates of fulfillment of tax liabilities or financial obligations of the last fiscal year or equivalent documents as proof of existence and operation of the foreign trader issued or certified by competent authorities where such foreign trader is established; 

4.  Copies of the existing License for Establishment of the representative office.

Documents in section 2 shall be translated into Vietnamese and certified or legalized by overseas diplomatic missions or Consulates of Vietnam in accordance with laws of Vietnam.

Documents in section 3 shall be translated into Vietnamese and certified true in accordance with laws of Vietnam. 

III.  Legal basis

1.  Law on commerce on  14^th June, 2005;

2.  Decree No.07/2016/ND-CP on 25^th January, 2016 on detailed regulations on establishment of representative offices or branches of foreign traders in Vietnam under Law on commerce;

3.  Circular No.11/2016/TT-BCT on 5^th July, 2016 on forms precribed in Decree No.07/2016/ND-CP on 25^th January, 2016 of the Government on guildelines for the law on the commerce in the terms of representative offices and branches of foreign traders in Vietnam.