Representative Office in Vietnam

Question: I have some questions relating to our representative office in Ho Chi Minh City, Vietnam. 1.       How much the cost to close the representative office ? 2.       Can we leave Rep Office dormant…if so, at what cost...? 3.       Can we re-open the entity at our discretion as some point in the future….if so at...

Client: We have communicate with a company whom are customers of ours in your state regards merging, we like to merge with the company to increased revenue, market share, and cross-selling opportunities. We would like to retain you to help us in the process to review proposed transactions for acquisitions...

Question: We are a HongKong incorporated company with 51 years in business. We would like to establish a Rep Office in Vietnam and at the same time we would like to know the pro's and con's between Rep Office and 100% fully owned company in Vietnam.

Q: Can a Representive Office open a bank account? If there any amount that need to maintain? A: Yes, the Representative office (R.O) can open bank account, that account is to receive expense from parent comapny only. No need to have any amount to maintain R.O ammount,

The foreign company must: - Being recognized as a legal entity by countries or territories of business registration;

(SBLaw) In case foreign university duly established and operating under the law of foreign country would like to setup a legal entity in Vietnam which shall act for the purpose of marketing and service promotion

Investor: Dear sir, We are textile group company engaged in cotton ,cotton yarn ,fabric and garment business. we started to develop vietnam market 3 year ago, and now our company want to establish a agency in vietnam .. so can you give me some advice !? Expect to have your...

Question: Is the Representative Office (RO) a kind of legal entity ? What is main function of the Representative Office (RO)? Could you please also let us know the fees and requirements to set up the RO?

SBLAW would like to introduce some information about opening a RO in Vietnam as follows:

With the knowledge that foreign investor (hereinafter referred to as: “the Client”) has the intention to establish a Representative Office (RO) in Vietnam, SBLaw (hereinafter referred to as “The Consultant”), a leading Vietnamese Law Firm with full experience and capabilities, would like to provide services to assist the Client in such endeavors.