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,
Tax Declaration in establish an Representative Office (RO) in Vietnam
Question: May I know which taxation needs to be declared if establish a RO in Vietnam. Your help will be much grateful. Thank you.
Answer: Under Vietnam Law, a representative office does not involve with business activities for purpose of making profit.
Then, except for declaration of personal income tax for...
Legal Representative
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...
Visa for french national as Chief Representative office in Vietnam
Question: Our Chief Representative will be a french national, which visa type is better to work in Vietnam? This person will fix it's residence in Hanoi
Answen: In this case, after obtaining the License for establishment of Representative Office, he shall need to obtain work permit.
Then, he can obtain the...
Set up representative office (RO) in Vietnam
The foreign company must:
- Being recognized as a legal entity by countries or territories of business registration;
Setting up representative office in Hanoi and Ho Chi Minh City
SBLaw would like to give information for setting up a representative office of foreign company in Hanoi and Ho Chi Minh City (hereinafter referred to as “Company”) as follow:
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...
Establishing of the representative office of our company in Hanoi
Question: We are interested in establishing of the representative office of our company in Hanoi. My boss has two companies, one is registered in Thailand, the other is registered in Republic of Seychelles, so he wants to know more about the details about setting up a representative office.
1. what kind...
Opening a Rep. office in Ha Noi
Client: Dear Sir/Madam,
I wish to open a Rep. Office in Hanoi. My company in India is 18 months old. Please let me know whether I can apply for setting up a Rep. Office. Also, please help me by providing me the following info
- document required
- what all documents need...
Required documents for opening representative office in Hochiminh City.
In order to set up representative office in Hochiminh City, Vietnam, the required legal documents are as follows:















