FOREIGN DIRECT INVESTMENT COMPANY (FDI COMPANY) ESTABLISHMENT SERVICES IN VIETNAM 2026: OPERATING OFFICE OF A FOREIGN INVESTOR UNDER A BCC CONTRACT – A UNIQUE FORM OF BUSINESS PRESENCE IN VIETNAM
In addition to establishing a foreign-invested enterprise, Vietnamese law also allows foreign investors to conduct investment activities through a Business Cooperation Contract (BCC). This investment model provides flexibility by enabling investors to cooperate and share profits or products without establishing a separate legal entity.
To facilitate the implementation of a BCC project, foreign investors may establish an Operating Office in Vietnam. This office serves as the administrative and operational center for carrying out the rights and obligations arising from the BCC. But what exactly is an Operating Office? What are its legal powers, and how can it be established? This article by Dai Quang Minh Company provides an overview of the legal framework governing Operating Offices under Vietnamese investment law.
Prospective clients seeking assistance with procedures for establishing a foreign-invested company in Vietnam (2026) are kindly invited to contact Dai Quang Minh Company via Hotline: 0932 191 299; Zalo: 0932 191 299; Email: info@quangminhlawfirm.com; Viber: (+84) 337 926 405; WhatsApp: (+84) 337 926 405; WeChat: (+84) 337 926 405 (ID: pouniverse) for complimentary consultation and comprehensive, efficient, and accurate legal services.
In addition, Dai Quang Minh Company provides a wide range of services, including sub-licenses, business registration, investment, foreign labor, and ongoing legal advisory services for both domestic and foreign enterprises.
Contact:
- Zalo: 0932.191.299
- Gmail: info@quangminhlawfirm.com
- Viber: (+84) 337926405/ (+84) 869672216
- WhatsApp: (+84) 337926405/ (+84) 869672216
- Wechat: (+84) 337926405 (ID: _pouniverse)/ (+84) 869672216 (ID: DQM_Verna)
- Telegram: (+84) 337926405/ (+84) 869672216\
I. What Is an Operating Office under a BCC Contract?
A Business Cooperation Contract (BCC) is an investment agreement entered into between investors for the purpose of conducting business activities and sharing profits or products without forming a new legal entity.
Where a foreign investor participates in a BCC, Vietnamese law permits the establishment of an Operating Office to facilitate the implementation of the investment project in Vietnam. The Operating Office serves as the location where the foreign investor exercises the rights and performs the obligations agreed upon in the BCC.
It should be noted that an Operating Office is not a separate legal entity. Rather, it operates solely within the scope of the BCC and derives its authority directly from the rights and obligations of the contracting parties.
II. Legal Powers and Scope of Operation
Once the Certificate of Registration for the Operating Office is issued, the Operating Office may carry out activities necessary for the implementation of the BCC project in accordance with Vietnamese law.
Its principal rights include:
- Using its own official seal in accordance with applicable regulations;
- Opening bank accounts to facilitate transactions related to the BCC project;
- Recruiting Vietnamese and foreign employees in compliance with labor laws;
- Leasing office premises, purchasing equipment, and organizing project management activities;
- Executing civil and commercial contracts necessary for the implementation of the BCC within the authority granted by the contracting parties.
Although the Operating Office enjoys a wide range of operational powers, it does not possess independent legal personality. All of its activities remain closely connected to the BCC and are performed on behalf of the participating investors.
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With years of practical experience in legal consulting, Dai Quang Minh Company is a pioneer in corporate support services, specializing in fast and affordable company formation. Below are the reasons to choose business registration services at Dai Quang Minh Company:
Human Resources: Gather a team of corporate legal experts and project legal experts with a long working history at domestic private economic groups; large foreign-invested enterprises operating in Vietnam.
Consulting Policy: Clients are gifted a completely free legal consulting package when using services at Dai Quang Minh Company.
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Time-Saving: Using Dai Quang Minh Company 's services helps you save precious time as we handle the entire process and related procedures.
Legal Insight: Dai Quang Minh Company ensures that all relevant legal regulations are strictly followed in accordance with the law.
Customization: Our consulting services are highly adaptable to your specific needs, allowing you to choose options suitable for your business.
Trusted Partner: Dai Quang Minh Company has built a reputation for providing affordable business setup consulting to many enterprises and individuals nationwide.
Confidentiality Assurance: Dai Quang Minh Company is committed to the absolute protection of your personal and business information.
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Focus on Business Plans: By utilizing our registration services, you can focus on developing your business plans and core activities instead of worrying about legal procedures.
III. Procedures for Establishing an Operating Office
A foreign investor wishing to establish an Operating Office must submit an application dossier to the investment registration authority where the office is intended to be located.
The application generally includes:
- An application for registration of the Operating Office;
- A decision of the foreign investor establishing the Operating Office;
-A copy of the Business Cooperation Contract (BCC);
- The Investment Registration Certificate (if applicable); and
- Other supporting documents required by law.
Upon receipt of a complete and valid application, the investment registration authority will issue the Certificate of Registration for the Operating Office within 10 working days.
From the date of issuance, the Operating Office may officially commence operations and perform activities related to the implementation of the BCC.
IV. Termination of the Operating Office
The Operating Office will cease operations when the Business Cooperation Contract expires, is terminated, or when the parties otherwise agree to terminate the BCC in accordance with applicable laws.
Upon termination, the foreign investor must notify the investment registration authority and complete all relevant procedures, including:
- Settling outstanding financial obligations;
- Finalizing labor-related matters;
- Closing bank accounts (if any);
- Returning the Certificate of Registration for the Operating Office; and
- Completing other legal obligations required by Vietnamese law.
Timely completion of these procedures helps ensure compliance with legal requirements and minimizes potential legal risks after the project has ended.
V. Conclusion
The Operating Office is a unique legal mechanism that enables foreign investors to implement Business Cooperation Contracts in Vietnam without establishing a separate legal entity. It provides investors with a lawful presence to manage projects, recruit employees, execute contracts, and carry out operational activities while maintaining the flexibility inherent in the BCC model.
Nevertheless, investors should ensure full compliance with the legal requirements governing the establishment, operation, and termination of an Operating Office, as well as related regulations on investment, labor, taxation, and other applicable laws.
If you are considering investing in Vietnam through a Business Cooperation Contract (BCC) or require legal assistance with the establishment and operation of an Operating Office, Dai Quang Minh Companyis ready to provide comprehensive legal support, ensuring your investment project is implemented efficiently and in full compliance with Vietnamese law.
Prospective clients seeking assistance with procedures for establishing a foreign-invested company in Vietnam (2026) are kindly invited to contact Dai Quang Minh Company via Hotline: 0932 191 299; Zalo: 0932 191 299; Email: info@quangminhlawfirm.com; Viber: (+84) 337 926 405; WhatsApp: (+84) 337 926 405; WeChat: (+84) 337 926 405 (ID: pouniverse) for complimentary consultation and comprehensive, efficient, and accurate legal services.
In addition, Dai Quang Minh Company provides a wide range of services, including sub-licenses, business registration, investment, foreign labor, and ongoing legal advisory services for both domestic and foreign enterprises.
Contact:
- Zalo: 0932.191.299
- Gmail: info@quangminhlawfirm.com
- Viber: (+84) 337926405/ (+84) 869672216
- WhatsApp: (+84) 337926405/ (+84) 869672216
- Wechat: (+84) 337926405 (ID: _pouniverse)/ (+84) 869672216 (ID: DQM_Verna)
- Telegram: (+84) 337926405/ (+84) 869672216
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