Representative Office in Vietnam

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

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...

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...

Question: We are IT company from USA and would like to set up representative office and preparation of contracts in Vietnam, please advise this. Answer: This is reference to our conservation held in Ho Chi Minh Office from which, we understand that your company (hereinafter referred to as “Client”) is...

Foreign investor: Dear Sirs I am writing on behalf of a Hongkong registered company. I understand from your webpage that you specialise in services for establishing and closing representative office in Vietnam. We have 2 Representative offices in Vietnam (Hanoi and Hochiminh City) and we intend to close one of them (Hanoi...

Representative Office (R.O) needs to submit in writing the annual report to Department of Industry and Trade by January 30th, 2015.  (Article 19, Decree no. 72/2006/ND-CP detailing the Trade Law's regulation on Rep.Office, Branch of foreign businesses in Vietnam provided that, prior to the final working day of January, R.O has to report...

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

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...

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,

Representative Office is an option for Foreign Investor who wishes to conduct market research, trade promotion etc in Vietnam. Depending on business sector of the parent companies abroad, conditions and procedure for setting up representative office in Vietnam may be different. Up to now, Vietnam Law only stipulate conditions and procedures...