Are names of branches required to consist enterprises' names in Vietnam?
Are names of branches required to consist enterprises' names in Vietnam? Is it possible to register foreign names for branches in Vietnam?
Hi, I have a problem that needs to be answered. I am the Director of Q Limited Company in District 1, Ho Chi Minh City. In the near future I plan to open a branch of my company in Hai Chau District, Da Nang city. My question is, when opening a branch, is the name of the branch required to consist enterprise's name?
Please advise. Thankyou.
1. Are names of branches required to consist enterprises' names in Vietnam?
In Article 40 of the Enterprise Law 2020, names of branches, representative offices and business locations are as follows:
1. The name of a branch, representative office or business location shall consist of letters in the Vietnamese alphabet, the letters F, J, Z, W, numbers and symbols.
2. The name of a branch, representative office or business location shall consist the enterprise’s name and the phrase “Chi nhánh”, “Văn phòng đại diện” or “Địa điểm kinh doanh” respectively.
3. The name of a branch, representative office or business location shall be displayed at the branch, representative office or business location. The name of an enterprise’s branch or representative office be smaller than the Vietnamese name of the enterprise on the transaction documents, records and printed materials issued by the branch or representative office.
Thus, according to the above regulations, the name of the branch shall consist the enterprise’s name . When you open a branch in Da Nang city, Vietnam the name of the branch is Branch of Q Co., Ltd.
2. Is it possible to register foreign names for branches in Vietnam?
According to Article 20 of Decree 01/2021/ND-CP stipulating registration of names of branches, representative offices and business locations as follows:
1. Names of branches, representative offices and business locations shall comply with Article 40 of the Law on Enterprises.
2. Apart from the Vietnamese name, the enterprise’s branch, representative office or business location may register a name in foreign language and an abbreviated name. The foreign language name is the name translated from the Vietnamese name into one of the Latin-based languages. The abbreviated name may be abbreviation of either Vietnamese name or foreign language name.
3. The phrase “công ty” or “doanh nghiệp” must not be used as part of the proper name of the enterprise’s branch, representative office or business location.
4. When a wholly state-owned enterprise is converted into a financially dependent unit after restructuring, its existing name before restructuring may be retained.
Therefore, according to the above regulations, in addition to the name registered in Vietnamese, the branch can register the name in a foreign language.
Best Regards!
