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,
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...
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...
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...
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...
LEGAL PROCEDURE FOR OPENING R.O
SBLAW would like to introduce some information about opening a RO in Vietnam as follows:
Q&A: Request about Closing of a Representative Office in Da Nang City
Q: We – Singapore Company established a representative office in Da Nang City, who asked if we know a law firm to recommend for closing the representative office.
We would appreciate it very much should you be so kind to advise if your firm handles this type of work, how...
Set up a representative office
Here is Tony of Frame Children Products, a Boston based company specialize for baby & kids furniture. To scope for business development, we are considering to set up a representative office seriously 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...
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...