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Every Vietnamese Company must have a Resident Director
The Resident Director can be a Vietnamese or a foreigner. He or she must have a local residential address. Hiring a nominee is a common and legal practice. A nominee puts their name on your papers but can’t make any core business decisions.
Must have a Business Address
You are not allowed to use residential address as your business registered address. If you do not need or have a commercial address, you can use a Virtual Office as your Business Address.