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NEWS & EXPERIENCES

REPRESENTATIVE OFFICE VS 100% FOREIGN OWNED COMPANY

REPRESENTATIVE OFFICE VS 100% FOREIGN OWNED COMPANY While representative offices (RO)only have the function of contacting, exploring the market, promoting the business opportunities, the Company can carry out business activities to bring about profits. When conducting them, foreign traders may get…

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The Best Vegan Foods in Hanoi

The best vegan foods in Hanoi Vietnamese cuisine is world famous but it’s probably the last place you’d think of for vegan food. Despite what you may have heard the bustling capital Hanoi can be a haven for the ethical…

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New Rules for Utilizing Bank Accounts of RO

New Rules for Utilizing Bank Accounts of RO Circular No. 32/2016 / TT-NHNN on guiding the opening and utilizing bank accounts at organizations providing payment services stipulates that organizations without legal person status such as households, private companies, law firms…

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Extension of RO’s Operation Licenses in Vietnam

Extension of RO’s Operation Licenses in Vietnam According to the provisions of law, the setup permit of an RO shall be valid for a maximum period of five years without exceeding the time limit stated in the business registration certificate or paper…

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Change The Head of Representative Office in Vietnam

Change The Head of Representative Office in Vietnam Based on Decree No. 07/2016 / ND-CP dated 25/01/2016, Circular No. 11/2016 / TT-BCT dated July 05, 2016 and Circular No. 133/2012 / TT-BTC dated 13 August 2012, the procedure to change the head of…

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Request for Amendment of RO’s Address in Vietnam

Request for Amendment of RO’s Address in Vietnam Similarly to address change of foreign trader in Vietnam, the amendment of RO’s address follows the same administrative procedure which consists of 4 steps. Legal basis –  Decree No. 07/2016 / ND-CP dated 25/01/2016…

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The Modification Of RO’s Business Lines in Vietnam

The Modification Of RO’s Business Lines in Vietnam The establishment of representative offices (RO) of foreign traders in Vietnam is simpler than that of a company or a branch. However, it is very difficult for those enterprises that do not understand the…

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