How To Dissolve Foreign Representative Office in Vietnam?

Dissolve Foreign Representative Office

How To Dissolve Foreign Representative Office in Vietnam?

(Last Updated On: May 27, 2021)
Dissolve Foreign Representative Office

Dissolve Foreign Representative Office

HOW TO DISSOLVE FOREIGN REPRESENTATIVE OFFICE IN VIETNAM?

  • How to prepare required papers and documents – Procedures – Cases and situations shall be anticipated in advance when dissolution of a foreign representative office in Vietnam.
  • How to estimate budget for dissolution of a foreign representative office in Vietnam.
  • Potential risks shall be identified and managed in advance when dissolution of a foreign representative office in Vietnam.
  • Any query about local laws and regulations, directly consult with the top experts on the establishment and operation of foreign representative offices in Vietnam.

 

Dissolution of a foreign representative office in Vietnam becomes so simple under services of VIVA.

Basically, the dissolution procedure will go through 03 stages:

  1. Carrying out legal procedures for official announcement of dissolution to the competent state agencies to terminate any further obligations may arise from the date of dissolution.
  2. Collecting, reviewing, and completing the required business records according to current laws and regulations, ready to provide to the Tax, Labor…departments, clearing any payment obligations to the third parties, especially procedures for liquidation of labor contracts, completion of obligations to state agencies such as Tax, Insurance …
  3. After granting certifications of debt obligations completion with third parties, the office will close the bank account, return the license, and return the seal.

Dissolve foreign representative office in Vietnam is a technical job that should be dedicated for professionals only because every step and every procedure involved not only must comply with local laws and regulations, but the person who performs the procedure must also understand systematic practices and situations, tailored- circumstances solution and meet expectations of both the parent company and the local competent state agencies in Vietnam.

Having been providing service for foreign representative offices in Vietnam since 2006, VIVA is proud to be the top consultant for foreign representative offices in Vietnam, we manage and take full responsibility for all compliance procedures to dissolve a foreign representative office in Vietnam, with a tailored and optimally manner, with fixed budget, fixed results, fixed timelines.

When dissolve foreign representative office in Vietnam, VIVA also provides free of charge procedures to transfer all assets and employees from the representative office to its subsidiary company and many special offers for clients who register to experience our service of dissolution in April 2020: free working permit for expat, 03 years free of office license amendment…

 

WHO WE ARE

  • VIVA is a business consulting company, specializes in business compliance procedures according to local business laws and regulations since 2006. VIVA has been continuously trusted by thousands of well-known clients since 2006.
  • The insights and consistent backgrounds in Business Laws - Accounting and Corporate Finance - Tax Management – Labor Relations and Payroll - Secretarial services help us build trust and confidence in the entrepreneurs’ community.
  • We have been successfully providing service for thousands of leading companies from Hong Kong, Japan, US, EU, Singapore, India, China, Korea…. in forms of FDI companies, Foreign representative offices, Foreigner working in Vietnam, Vietnamese SMEs, Chief Operation Officers.
  • VIVA's logo is our Brand name, our signature, it states our faith - independence - transparence - and loyalty for client's interest. The signature is commitment and honor on our outstanding expertise and professionalism. It is the symbol of good standing for our clients whenever they are doing business with customers, partners, the local competent state agencies...

 

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Read more:

Why and How To Close Representative Office in Vietnam?

Risk Management on Representative Office Operation in Vietnam

Cases and how to shutdown a foreign representative office in Vietnam

Representative office in Vietnam: How to transform business models?

Representative office in Vietnam: Final tax settlement and tax completion certificate



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