ESTABLISHMENT OF REPRESENTATIVE OFFICE OF FOREIGN STUDY ABROAD CONSULTING COMPANY IN VIETNAM
Studying abroad has long been considered one of the effective solutions to improve the quality of human resources to meet the needs of national development. Currently, studying in a other country is increasingly common. In fact, many developed, developing, and emerging countries around the world have long acknowledged the economic, intellectual, and diplomatic benefits of sending students to study abroad and welcoming international students. This is reflected in policies in this field that are updated more and more frequently in countries, including Vietnam.
Today, with the trend of globalization, economic development, global knowledge integration, the demand for studying abroad is increasing at all levels. However, to choose a country that suits you, the future career orientation of international students is a difficult choice, requiring careful consideration from students and families. Therefore, study abroad consulting companies were born and developed very quickly to be able to support international students and families to learn and choose about the school and country they will study. To develop their companies, overseas study abroad consulting companies are always looking for ways to expand markets, bring students to countries or expand branches, to reach more families who intend to send their children to study abroad. According to Vietnamese law, foreign study abroad consulting services are conditional business services, therefore, many foreign study abroad consulting companies face difficulties in opening more representative offices, the following, Siglaw would like to give some advice in establishing a representative office of a foreign study abroad consulting company in Vietnam:
What is a company representative office?
According to Clause 2, Article 44, Enterprise Law 2020, a representative office is a dependent unit of an enterprise, tasked with representing by authorization the interests of the enterprise and protecting those interests. The representative office of the company does not have legal status and the representative office does not carry out profitable business activities by itself, but only performs the function and task of authorizing activities to protect the interests of the enterprise.
For foreign study abroad consulting companies, when there is a need to support companies and businesses to reach customers, setting up representative offices, especially in other provinces with the head office of the business registration location is a reasonable choice.
Dossier of establishment of a representative office of a foreign study abroad consulting company in Vietnam
When there is a need to establish a representative office of a foreign study abroad consulting company, your company or business needs to send the following documents:
- Notice of establishment of a representative office signed by the legal representative of the enterprise;
- A copy of the identity document (ID card/passport) of the head of the representative office of the foreign study abroad consulting company;
- A copy of the decision on appointment/recruitment of the head of the representative office;
- Copies of resolutions, decisions and copies of meeting plates of the Members’ Council (for companies in the form of limited liability companies with 2 or more members, partnerships), the Board of Directors (for companies in the form of joint stock companies) or resolutions and decisions of the company owner (for companies in the form of one-member limited liability companies) for the establishment of representative offices.
After preparing all valid documents, enterprises shall submit the application at the Business Registration Office at the place where the representative office of the foreign study abroad consulting company is located. After 03 working days from the submission of the application, the Enterprise Registration Office will issue the Certificate of operation registration of the representative office in case the application is valid or issue a document amending and supplementing the dossier in case the application is invalid.
Above are our advice to establish a branch of a foreign study abroad consulting company in Vietnam. If you have any questions. If you have any questions related to the establishment and operation of a branch of a foreign study abroad consulting company in Vietnam, please contact Siglaw Law Firm Limited for our most detailed answers!
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