APPLICATIONS FOR SHUTDOWN OR DISSOLUTION OF FOREIGN REPRESENTATIVE OFFICES OR BRANCHES

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Shutdown or dissolution of a Vietnam-based representative office or branch of a foreign trader is a legal procedure to terminate any activity, terminate the existing and license of a dependent unit of the foreign trader in Vietnam. Procedures for shutdown or dissolution of a representative office are more and more strict and complicated in comparison to registration procedures:

APPLICATIONS FOR SHUTDOWN OR DISSOLUTION OF FOREIGN REPRESENTATIVE OFFICES OR BRANCHES

An application for shutdown of a representative office or branch shall include:

A notification of shutdown of the representative office or branch using the form issued by the Ministry of Industry and Trade and signed by a competent representative of the foreign trader.
Copies of written refusals of grant of extension of the license or establishment of the representative office or branch or a copy of the decision on revocation of the license for establishment of the representative office or branch released by the licensing agency;
Lists of creditors and the amount of debts, including outstanding taxes and social insurance premiums;
Lists of employees and their current benefits;
The original License for Establishment of the branch or representative office.
The head of the closed representative office or branch and their head office shall be responsible for the reliability and accuracy of their application for shutdown or dissolution of foreign representative offices or branches.

VIVA Business Consulting has successfully provided service of consulting and shutdown or dissolution of foreign representative offices or branches in Vietnam for thousands of brands in lawful and optimal manners.

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VIVA BUSINESS CONSULTING

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VIVA is the premium business consulting firm in Vietnam for market entry procedures, tax management, employment relation, corporate finance and local business procedures at local competent state agencies since 2006.
Our staying power thanks for the deep insights and integrated backgrounds in business laws – tax management – accounting – corporate finance – employment relations enhance us build trust and confidence and chosen by thousands of local and international clients from Hong Kong, Japan, US, EU, Singapore, India, China, Korea…. for their confident partner and successful business in Vietnam.

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VIVA offers one-stop platform, fully complied in optimal ways by local laws, for whole circle life of any enterprise in Vietnam:

Market entry and business regulations
Tax management
Accounting and Corporate Finance
Management of labor relations and payroll
Corporate – secretarial services
Local business procedures at any local competent state agencies
Mergers and Acquisitions.

WHERE WE ARE

With over 20-year journey in a single industry, our name valued by expanding list of successful and loyal clients:

We are recognized and selected by thousands of multinationals – foreign direct investment companies and investors in Vietnam
We are recognized and selected by thousands of global enterprise – foreign representative offices in Vietnam
We are recognized and selected by thousands of famous local companies in Vietnam

VIVA not only manage business required procedures by laws but firstly places client’s compliance and good standing, in the optimal methods when offering any solution, and integrated with our intensive resources that allow us to prevent most of the risks in advance, create more benefits, advantages and business inspiration for entrepreneurs.

The insights and consistent backgrounds in Business Laws – Accounting and Corporate Finance – Tax Management – Labor Relations and Payroll – Serectarial and consistent with our exclusive standard operation processes, consisting of consultation – implementation – pratice operation help us fully protect client interests as one-stop solution.

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