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,
Annual Report to Department of Industry and Trade for Representative Office
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...
Checklist for setting up RO in Vietnam
To set up Representative Office (RO) in Vietnam, the following documents must be submitted to Vietnam Authority:
Establishment of Representative Office in Hochiminh City.
SBLAW would like to provide the foreign investor some information about establishment of representative office (RO) in HoChiMinh City, Vietnam as follows:
Post-licensing procedure for Representative office in Vietnam
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...
LEGAL PROCEDURE FOR OPENING R.O
SBLAW would like to introduce some information about opening a RO in Vietnam as follows:
Legal advices for establishment of Representative Office in 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...
ESTABLISHMENT OF REPRESENTATIVE OFFICE OF FOREIGN EDUCATION INSTITUTION IN VIETNAM
A representative office of foreign education institution in Vietnam is a dependent unit of a foreign educational institution or organization, established and operating in Vietnam in order to promote and develop cooperation and investment in education in accordance with the laws of Vietnam. Accordingly, in order to be established...
Establishing and closing representative office in Vietnam
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...
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...
















