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,
Setting up a representative office in Ho Chi Minh City of Japan company
SBLAW would like to introduce the legal procedure for etting up a representative office in Ho Chi Minh City of Japan company as follows:
Opening of Rep Office in Ho Chi Minh
Investor: We are American corporation providing Immigration Services.
As far as I can see on your website, we can open Rep Office in Ho Chi Minh and offer our services with one limitation - that the client have to pay to USA. Is that correct?
Do we have to hire local...
Q&A: Regarding the name of Representative Office in Vietnam
Q: Can I check with you, for Representative Office in Vietnam, can I put PTE LTD or LTD or can not at all?
A: Regarding the name of Representative Office in Vietnam, it should be followed the following format:
THE REPRESENTATIVE OFFICE OF in
Therefore, your representative office will be:
THE...
Change structure from a representative office to a wholly foreign owned Vietnamese company
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...
Legal service for opening representative office in Hanoi, Vietnam
Client is willing to engage a legal consultant on advices regarding the establishment of representative office in Hanoi, Vietnam.
Cost of Open and Close an Representative Office In HCMC
Question: I would like to know how much it would cost to open and close the representative office in HCMC, Vietnam. I need to gather all information for my management to make decision.
Answer: This is reference to your email below.
Our professional fee for opening/closing a representative office in Vietnam...
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...
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...
Set up representative office (RO) in Vietnam
The foreign company must:
- Being recognized as a legal entity by countries or territories of business registration;
















