Representative Office in Vietnam

SBLAW would like to mention about the difference between Branch and R.O in Vietnam as follows:

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,

Question: Would like to check whether you firm provide service on liquidation of enterprise for Vietnam company? If so, please let me know the scope of service and fee. Answen: We understand that your company (hereinafter referred to as “Client”) is now seeking legal advices for closing its subsidiary company...

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...

Question: We are a HongKong incorporated company with 51 years in business. We would like to establish a Rep Office in Vietnam and at the same time we would like to know the pro's and con's between Rep Office and 100% fully owned company in Vietnam.

Client: Our Company intend to set up an office in Vietnam, may be you are able to advise us on this. We are american Trading Company and has presence in USA (HQ), Malaysia, Indonesia, Thailand and China. We would like to know the minimum paid up capital for setting up a...

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...

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...

SBLaw would like to give information for setting up a representative office of foreign company in Hanoi and Ho Chi Minh City (hereinafter referred to as “Company”) as follow:

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...