Foreign representative office: Cases of adjustments to the office license

Danh mục nội dung

Vietnam-based representative office of a foreign investor means a dependent unit, a lawful office in Vietnam, allowed to recruit staff to manage and promote sale contracts with local business partners, research and develop products, seeking opportunities for the purchase or sale of goods and provision of services. A foreign representative office is a simple form of investment in Vietnam to enhance business from overseas, with multiple advantages while fewer risks regarding the required business compliance procedures such as investment capital, tax, accounting, and auditing. And it is easy to be extended or terminated or dissolved. The expatriate employees who work for representative office can obtain work permit and two years multiple visa (temporary residence card) for themselves and their family in Vietnam.

Your office license shall be adjusted in some case properly and on time. Fail to adjust the license in line with the local laws and regulations may lead to serious violations and penalties which may impact to your operation history.

FOREIGN REPRESENTATIVE OFFICES SHALL APPLY FOR ADJUSTMENT TO LICENSE IN THE FOLLOWING CASES

Changes in the name or location of the head office of a representative office.
Replacement of the head of the representative office or personal information of the head of the representative office in the license.
Changes in the name of the representative office.
Changes in the operations of representative offices.
Change in the location of the representative office.

There are many reasons may prevent you to adjust the license properly, and you should prepare in advance and take time to prepare for the papers and dossiers for the adjustments. Expertises can identify every legal requirement/manage for the full procedures/representative of you for any query or requirement from the competent state agencies… Your office license will be updated, adjust the license in a smooth and efficient manner:

Prepare required papers according to our checklist.
Sign and stamp the dossiers.
Wait and receive successful result from us within 15 days.

For any queries or cases relating to adjustment of license for establishment of representative office in Vietnam, please contact us for tailored solutions and procedures.

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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.
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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

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* VIVA Business Consulting is strictly complied with regulations on protection of personal data, according to Decree No.13/2023/ND-CP dated April 17, 2023, issued by Viet Nam government. VIVA use and keep your info for NO other purposes but providing exclusive service for you.

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