OPENING REPRESENTATIVE OFFICE IN VIETNAM

OPENING REPRESENTATIVE OFFICE IN VIETNAM.

R.O 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;

– enhance co-operation of protects; to monitor the development of contract signed between their parent company and a Vietnamese party;

– and other lawful activities. Representative office is not required to pay tax, except personal income tax. In order to open representative office in Vietnam;

– Vietnam representative office, a company need to meet requirements and to prepare documents as follows: A license issued by a competent authority is compulsory to open representative office in Vietnam.

In addition to the condition that the parent company must operate for at least 01 year in original country prior to open representative office in Vietnam, the required documents for the application for obtaining such license include: Time Frame to open representative office in Vietnam: 15-25 days from the date after legitimate documents are submitted

Read more: The service of applying for a reputable foreign investment permit in Hanoi

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