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Representative Office in Vietnam

Closing Representative office in Vietnam

Client is now seeking legal advices for closing Representative Office in Hanoi, Vietnam (hereinafter referred to as “R.O”). We therefore are grateful to present you our Legal Services Proposal for your review and consideration. 1. PROCEDURES FOR CLOSING RO  Under the Vietnam’s Decree No. 72/2006/ND-CP of the Government stipulating details...

Service to apply for representative office

Client: We are planning on registering our Rep office in Vietnam.  Please could you advise if you provide such a service and the cost plus the lead time. Lawyer: This is reference to your email below. I am Corporate Lawyer of SB Law. I was entrusted to provide you legal...
Representative office in Vietnam

Note on Post-licensing procedures for Representative office in Vietnam

After receiving License for Representative office in Vietnam, regarding the post-licensing procedures, SBLAW advises as follows: 1) Implement the Initial Personal Income Tax Procedure regarding the all of employees who are working for the Rep Office. Please kindly let your Internal Accountant or External Accounting Agency contacted with the Division of...
Representative office in Vietnam

Q&A: Can a Representative office in Vietnam open a bank account?

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,

Ask for information about setting up a Representative office/company

Investor: Dear SB Law company, I write this email to ask for some information, related to one of my customer. My customer is the steel trading company, from England. And now, they want to set up a representative office/ company in Vietnam.   On behalf of our customer, we would like to ask...

Set up a representative office

Here is Tony of Frame Children Products, a Boston based company specialize for baby & kids furniture. To scope for business development, we are considering to set up a representative office seriously in Vietnam

Representative office issues

Question: Our company want to employ one people in Vietnam for liaison/ seeking business opportunity. Is it necessary for us to set up a RO for this purpose? What are the details we need to beware if we need to set up a RO/hiring people(i.e. employment contract(MOLISA), tax issues (Personal Income...
Post-licensing procedure for Representative office in Vietnam

Post-licensing procedure for Representative office in Vietnam

Question: Our company opened representative office in Vietnam, could SBLAW send us the quotation for these services of post-licensing procedure? Answen: Regarding your request, S&B Law hereby would like to charge 200USD (exclusive of 10% VAT) for covering the following tasks: 1) Declaration on Initial Personal Income Tax Procedure; 2) Registration of...
Questions relating to our representative office in Ho Chi Minh City, Vietnam

Questions relating to our representative office in Ho Chi Minh City, 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...
representative office in Vietnam

Q&A on representative office in Vietnam

I have some questions relating to our representative office in Ho Chi Minh City, Vietnam. Question: How much the cost to close the representative office? Answen: Our professional fee for closing a representative office is 1,200USD. The fee does not cover services for finalization of tax obligation of the representative office...