Representative Office

A Representative Office (RO) offers a low-cost entry option for many companies, and are among the most common for companies that are first-time entrants to the Vietnamese market. RO’s are often suitable for companies that may be seeking to gain a better understanding of the Vietnamese market with a smaller initial investment, and may be used to pave the way for a larger presence within the country in future years. RO's are currently permitted to engage in the following activities: • Conducting market research; • Acting as a liaison office for its parent company; • Promoting the activities of its head office through meetings and other activities that lead to business at later stages. Requirements and registered capital Registered capital is not a statutory requirement for setting up an RO in Vietnam. An RO license is valid for five (5) years but can be extended for another five years.