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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:
PROCEDURES FOR PROCESSING OF APPLICATIONS FOR SHUTDOWN OR DISSOLUTION OF FOREIGN REPRESENTATIVE OFFICES OR BRANCHES
- The foreign trader shall submit the applications for shutdown of their representative office or branch to the licensing agency directly or by post or only (where applicable).
- Within 03 working days from the date of receipt of the application, the licensing agency shall examine such application and request the applicant to complete the application (if the application is incomplete). The request for supplementation to the application shall be made only once during the processing of the application.
- Within 05 working days from the date of receipt of the valid application, the licensing agency shall publish the decision on shutdown of the representative office or branch on their portal.
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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