Regulations on real estate trading for foreign-invested companies
VGP – Foreign invested companies are allowed to buy or rent office building for office purposes not for sale or sublease.
Question: Whether foreign invested companies are permitted to buy office buildings for business purposes (sale or sublease)?
Under Point 3, Article 11 of the 2014 Law on Real Estate Business, foreign-invested enterprises may conduct real estate trading in the following forms:
Under Point 2, Article 14 of the 2014 Law on Real Estate Business, overseas Vietnamese or foreign-invested companies may purchase, lease purchase buildings for use for offices or business facilities according to their proper utilities.
Hence, foreign-invested companies are only allowed to purchase and lease buildings for office purposes not for sale or sublease./.