HOW TO SET UP A REPRESENTATIVE OFFICE IN VIETNAM

ngay_dang 10/12/2018 loaitin English

- You want to set up a representative office in Viet Nam but you do not know how to do it?

- Let’s Pazpus help you and provide you with some information about how to set up a representative office legally through below useful writing.

 

How to set up a representative office

 

I. REQUIREMENTS FOR ESTABLISH REPRESENTATIVE OFFICE OF FOREIGN COMPANY

The foreign company wants to establish a representative office at Viet Nam need to sure these conditions below:

1. The foreign company is incorporated, registers for doing business accordance with the provision of the law of that country;

2. The foreign company has come into operation for at least 1 year, from the date establishment or registration;

3. The Certificate of Business Registration of the foreign company or the equivalent document is valid for at least 01 more years from the date of submission of the application;

4. The scope of operation of the representative office: Market research and commercial promotion activity;

5. Where the scope of operation of the representative office is inconsistent with Vietnam’s Commitments or the foreign trader is not located in the country or territory being party to treaties to which Vietnam is a signatory, the representative office can be established only if relevant Ministers, Heads of ministerial agencies (hereinafter referred to as “relevant Ministers”) have given approval for establishment of the representative office.

*NOTE:

Each foreign trader shall not establish more than one representative office that has the same name within a province or centrally-affiliated city (hereinafter referred to as “province”).

II.  CUSTOMER DOCUMENTS SHOULD BE PREPARED

STT

 Documents

Amount

1.

Business registration Certificate

01 consular legalization

2.

Copies of audited financial statements or certificates of the fulfillment of tax liabilities

01 consular legalization

3.

House lease, office lease contract

01 notarized copy

4.

Foreign company charter

01 legalization

5.

Copies of the passport or ID card (for Vietnamese) or copies of the passport (for foreigners) of the head of the representative office;

02 notarized  copy

 

III. EXECUTION TIME

Execution time: about 15-20 days from the date of receipt of the valid application

 

IV. COMPETENT AUTHORITY

The investor submits the dossier to Department of Industry and Trade

 

V. THE STATE FEE

Foreign trade promotion organizations or foreign traders must pay the following fees for the processing of their applications for the license to establish representative offices in Vietnam:

New license: VND 3,000,000 (three million)/an application

 

V. EFFECTIVE PERIODS OF LICENSES FOR ESTABLISHMENT OF BRANCHES OR REPRESENTATIVE OFFICES.

The License for Establishment of a representative office shall be valid for 05 years but not exceeding the remaining effective period of the Certificate of Business Registration or the equivalent (for documents having an expiry date).

 

VI. THE CONDITIONS OF THE HEAD OF THE REPRESENTATIVE OFFICE

The head of a representative office shall not concurrently hold the following titles:

1. The head of a branch of the same foreign traders;

2. The head of a branch of another foreign trader;

3. The legal representative of the same foreign trader or others;

4. The legal representative of a business organization incorporated in accordance with Laws of Vietnam.

 

V. OUR WORK

After signing a service contract with the customer, we will:

Step 1: Drafting necessary documents to establish the company and the send to customer sign and stamp

Step 2: Submitting dossier for Business Certificate at competent authority

Step 3: Receiving the Business Certificate

Step 4: Announcing Business registration information

 

VI. OUR ADVANTAGES

- Fast- Package- Prestige- Profession

- Helping company not time- consuming  traveling multiple time

- You just sign and stamp, Pazpus will give you Certificate without moving on

- With an enthusiastic, high professional skill creates the best quality service with the most reasonable cost for all businesses.

Nếu bạn cảm thấy khó khăn và có nhiều điều chưa rõ . Hãy liên hệ với chúng tôi để được giải đáp và tư vấn miễn phí.

Sử dụng Dịch vụ tại Pazpus, yêu cầu của Quý khách hàng sẽ được đảm bảo trên cơ sở pháp lý vững chắc!.

Gọi cho chúng tôi !

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