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Open Representative Office in Vietnam

Open Representative Office in Vietnam

representative_office_in_vietnamAccording to Vietnam law, representative office in Vietnam is not a legal entity. Business activities of representative office in Vietnam are restricted, the representative office, however, may be lawful to sign contract on behalf their parent companies/enterprises on the basis of relevant authority; to do research market; to enhance co-operation of protects; to monitor the development of contract signed between their parent company and a Vietnamese party; other lawful activities. Representative office is not required to pay tax, except personal income tax. Presently, companies from these following jurisdictions are dominant in opening representative office in Vietnam: China, Hong Kong, Taiwan, Singapore, USA, Europe, Japan, South Korea, and Malaysia.

In order to open representative office in Vietnam, a license issued by a competent authority is required. In addition to the condition that the parent company must operate for at least 01 year in original country prior to setting up representative in Vietnam, the required documents for the application for obtaining such license include:

Required documents

Provided by

Application

A&S LAW

A certified copy of the Business Certificate of Incorporation

Applicant

A certified copy of Memorandum and Articles of Association of the parent company

Applicant

A certified copy of the audited financial statement of the parent company for the latest financial year

Applicant

Passport or Identification of Chief representative office

Applicant

Office lease contract. A&S LAW shall introduce you the suitable office if required.

Applicant

Time Frame of opening representative office in Vietnam:

15-25 days from the date after legitimate documents are submitted.

After being issued the license, the new representative office shall be required to publish their information on a competent newspaper in Vietnam. The list of such newspaper shall be advised by A&S LAW, if required.

Term of License of representative office in Vietnam

The license shall be valid for five years and can be renewed. In such case of renewal, an application shall be submitted at least thirty days prior to the due date.

Our scope of works:

-    Providing advice prior to submitting the dossier for opening representative office in   Vietnam

-    Preparing the required documents

-    Translating the documents into Vietnamese and then notarizing them

-    Submitting the dossier for opening representative office in Vietnam. Then, work with Vietnam authority to ensure that the license shall be issued punctually.

-    Guiding clients to complete the required procedures after being issued the license.

-    Supporting clients during their business operation in Vietnam.


 Please contact A&S Law for further advice

mail_aslaw Emailans@anslawyer.com logo_aslaw

hotline Hotline 1: (+84)972817669
hotline Hotline 2: (+84)914195266
tel_aslaw Tel: (+84) 435551315

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