Representative Office in Vietnam

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...

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,

After obtaining the Establishment License for the Representative Office (RO), RO needs to implement the post-licensing procedure as follows[...]

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...

Foreign investor: Dear sir, We are limited company from hongkong and are looking setup my fifth office in Vietnam We already have office in hongkong ,guanghzou.yiwu and qindao We need to ask some information from you to setup trading or service office or representative office first time cost of setup company auditing cost...

Foreign investor: Dear sir, This is Peter from Taiwan. 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...

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...

Under Vietnam Law, foreign enterprise can setup a branch office for conducting business activities in Vietnam. However, in practice, possibility for setting up a branch office of a foreign trading company in Vietnam is very low. Generally, upon submission of application dossier for setting up branch office in Vietnam, the competent...

Investor: We are currently looking into changing our structure from a rep office to a wholly foreign owned  Vietnamese company. Can you run me through step by step what needs to happen if we decide to proceed. I thought you would be the right person to know. Lawyer of SBLAW:Thank...

Client: Hello,We would like to inquire on legal service for corporate, such as setting up Representative Office of Foreign company in Vietnam  HCMC. Please kindly get back to us asap.  Lawyer: As discussed with you through mobile, we would like to reconfirm as follows: - For import and distribution of cosmetic products,...