Representative Office in Vietnam

SBLAW would like to present you our legal advice on closing down Representative Office in Vietnam as follows:

Client is willing to engage a law firm on advices regarding establishment of a representative office in Hanoi of foreign company. SB Law is a law firm duly established and operating under legislation in Vietnam that have expertise in the area of investment, real estate, commerce consultation and enterprise assistance....

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...

SBLAW would like to mention about the difference between Branch and R.O in Vietnam as follows:

Client is willing to engage a legal consultant on advices regarding the establishment of representative office in Hanoi, Vietnam.

We understand that your company (hereinafter referred to as “Client”) is now seeking legal advices for establishment of Representative Office in Vietnam (hereinafter referred to as “R.O”). We therefore are grateful to present you our Legal Services Proposal for your review and consideration. 1. Scope of works of sblaw Following works are...

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,

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...

Client: Our Company intend to set up an office in Vietnam, may be you are able to advise us on this. We are american Trading Company and has presence in USA (HQ), Malaysia, Indonesia, Thailand and China. We would like to know the minimum paid up capital for setting up a...

Q:  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...