KDL LAW firm would like to advise on the procedure and fee for franchise registration in Vietnam. In franchising registration in Vietnam, we support clients in preparing and submitting documents at Vietnam Ministry of Industry and Trade. The necessary documents and timeframe for registration are described in the following table:
Franchise registration in Vietnam
The franchisors from abroad have to franchise registration in Vietnam with Ministry of Industry and Trade.
In franchising registration in Vietnam, we support clients in preparing and submitting documents at Vietnam Ministry of Industry and Trade. The necessary documents and timeframe for registration are described in the following table:
| Description | Content | Expected time |
|
Prepare Franchising registration documents |
1. The Power of attorney of franchisor, notarized and legalization | Document No. 4, other documents are prepared by franchisor as requested (KDL LAW would assist in completing the dossier) and send to Vietnam. |
| 2. The application for franchising registration | ||
| 3. The written description of franchise | After receiving these documents, KDL LAW will conduct notarization/translation procedures in accordance with the law. The execution time is 10-15 working days.
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| 4. The business registration certificate | ||
| 5. The copy of the industrial property right protection: trademark, copyright, patent (if available) | ||
| 6. The approval letter of the primary franchise’s permission of franchise (in case franchisor is the secondary franchisor) | ||
| 7. The latest financial report that has been audited | ||
| 8. Franchise Agreement | ||
|
Submit documents |
Submit document at Vietnam Ministry of Industry and Trade |
The official notification of franchise registration will be available within 10-15 working days from the filing date. |
|
Total time: |
20-35 working days after receiving completed documents from client. | |
Fee for registering franchise in Vietnam
Our fee for implementing the above mentioned-work is USD xxx, official fee is included. This fee excludes 10% VAT and other disbursement (such as translation, communication and bank fees. We will inform you any arising disbursement before taking any action.
KDL LAW’s service for franchise registration in Vietnam
Scope of Services of KDL LAW includes:
- To advise and explain to The Client before carrying out the necessary procedures with competent authority relating the franchise registration in Vietnam;
- To prepare dossiers and related documents required for filing the franchise registration application in Vietnam on behalf of The Client;
- To work with competent authority on behalf of The Client and to successfully register franchise in Vietnam unless impracticable;
- To hand over The Client the results of franchise registration on receiving the documents from Ministry of Industry and Trade