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Representative Office in Vietnam

Establishing of the representative office of our company in Hanoi

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...

Personal Income Tax of Employees working for representative office in Vietnam

SBLAW would like to note that an important matter of representative office (R.O) in Vietnam is Personal Income Tax of Employees working for R.O.

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...
Comparison between R.O and Branch Office in Vietnam

Comparison between R.O and Branch Office in Vietnam

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...

Open an office by any Hongkong Entity

Client: Dear Sir, What are the official way to open an office by any indian Entity? Lawyer: We understand that you would like to export raw cashew nut as well as kernels and apart from that rice cinnamon and star aniseed from Vietnam to India. For this, you must setup a Foreign...

Setting up Representative office and preparation of contracts

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...

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...
representative office in Vietnam

(Q&A) Some questions relating to representative office in Vietnam

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...
Representative office in Vietnam

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...
Establish an agency in Vietnam

Establish an agency in Vietnam

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...