Legal Presentative: Yes. Article 13, Clause 3 of the Vietnam Enterprise Law 2014 mandates that all enterprises operating within Vietnam must designate a legal representative (“LR”) who resides within the country. In situations where an enterprise appoints two LRs, one LR must reside in Vietnam. The second representative is permitted to reside abroad.
Chief Accountant: Yes. Foreign expats can serve as chief accountants for FDI enterprises in Vietnam if they meet the standards for the Chief Accountant role as outlined in Vietnam Accounting Law. However, rarely expats can meet the requirements.