It is possible for foreign invested company (FIC) to register a transaction office in Hanoi. However, it should be noted that in order to run the Transaction Office, FIC must appoint a person as a Chief of such Transaction Office.
For ease of reference, hereinafter is an overview roadmap of licensing procedures for registration of the Transaction Office:
Step 1 |
Step 2 |
Step 3 |
Step 5 |
Preparation of application dossier |
Submission of application dossier to Hanoi Department of Planning and Investment |
Hanoi People’s Committee grant the Registry of Transaction Office |
Amendment of Investment of FIC to reflect the new Transaction Office |
Time frame
Step 1 | 5-7 working days from receipt of necessary information and documents from FIC |
Step 2 | 01 working days from receipt of signed and sealed documents from FIC |
Step 3 | 15-20 working dates from submission of dossier to Hanoi Department of Planning and Investment |
Step 4 | 5-10 working days from submission of application dossier to Hanoi Department of Planning and Investment |