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 the professional fee is charged and the time frame for completion of the closing.
A: We can assist your Company in closing the Representative Office in Hanoi. Our professional fee for closing the Representative Office is 1,200USD.
The fee is exclusive of 10% VAT, cost for translation of your documents from English into Vietnamese (if any): 10USD/150 words, actual expense for traveling and accommodation if your client locates out of Hanoi or Ho Chi Minh City.
Regarding to time frame for closing the Representative office, at this time, we are not at the good position to advise on the time frame for closing the Representative Office.
It shall very much depend on the actual status of the tax audit against your client in Vietnam as the Representative Office need to finalize the tax audit before closing the representative office. It can last from two to three months.
Your Company shall need an accounting service company to assist in Tax Audit.
We do hope that the above information is helpful for you. If you have any further inquiry, please feel free to contact us.
