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Representative Office in Vietnam

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Legal service on establishment of a representative office in Hanoi

Client is willing to engage a law firm on advices regarding establishment of a representative office in Hanoi of foreign company. SB Law is a law firm duly established and operating under legislation in Vietnam that have expertise in the area of investment, real estate, commerce consultation and enterprise assistance....
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...
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...

Opening a rep office in VN

Client: Dear Sir/Madam, Our company is interested in opening a rep office in VN. The purpose of this rep office is to research the VN market and identify potential supplying sources for our products. We are in the Fiber Optic components manufacturing. We have the following questions which we hope you would be...
Representative Office in Vietnam

Legal advices for closing Representative Office in Vietnam

We understand that your company, (hereinafter referred to as “Client”) is now seeking legal advices for closing 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. PROCEDURES FOR CLOSING RO Under the Vietnam’s Decree...
Representative office registration

Representative office registration

Foreign investor: I'm writing on a question of registering representative office of international company in Vietnam. We have international consulting company, registered on USA which is operating a year and we want to register representative office of it in Hanoi city. Can you please consult me on the following...

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: 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,
investment

The difference between Branch and R.O in Vietnam

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

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...