EXCLUSIVE PROMOTIONS FOR HONG KONG CHAMBER

Vietnam joined the World Trade Organization (WTO) in 2007, since there, thousand of foreign investors have been investing in Vietnam in form of foreign representative office as probatory step.

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 partner, research and develop products, seeking opportunities for the purchase or sale of goods and provision of services…

Although a representative can enhance and support business for parent company in Vietnam, easy to manage and able to keep investor away from many compliance procedures: No investment capital, no add valued tax, no corporate income tax, no accounting books, no financial statement, no independent audit required… but, in fact that there are many representative offices have endured serious fines due to misconduct and violations of required compliance procedures.

The risks can be verified and prevented to happen in advance. VIVA would like to recommend you in management of 08 key required compliance procedures which will help your office properly complied with local laws and regulations:

1. Initial compliance procedures after granting the office license
2. Compulsory insurances
3. Enter labor contracts and employment relations
4. Personal income tax
5. Cashbook and petty cash
6. Annual operation report
7. Extension the office license
8. Work permit and temporary resident card for expats

WHY DO FOREIGN ENTREPRENEURS FULLY ENTRUST VIVA TO MANAGE THE REQUIRED COMPLIANCE PROCEDURES?

VIVA BCS is a business consulting company, specializing in business compliance procedures according to local business laws and regulations since 2006. VIVA has been continuously trusted by thousands of reputable clients since 2006. Our exclusive services are consistent with practice expertise in Business laws – Employment relations – Tax and accounting – Corporate finance – Internal management and internal audit.

VIVA has been successfully providing services for thousands of leading companies from Hong Kong, Japan, USA, EU, Singapore, India, China, Korea…. in forms of FDI companies, Foreign representative offices, Foreigners working in Vietnam, Vietnamese SMEs, Chief Operation Officers.

EXCLUSIVE PROMOTIONS FOR THOSE WHO ARE HONG KONG CHAMBER

1. Free service of applying temporary residence card for Chief of Representative office, Investors, Legal Representative
2. One-year Internal Audit for required business records of a Representative office.
3. 15% discount for any required services in May.
4. Free counsel for 1 month:
- Establishment/registration representative office
- Compliance procedures during the operation
- Rights, obligations and compliance requirements on the chief
- Compliance procedures for expatriates who are working in Vietnam
- Dissolution of representative office
- Representative office and subsidiary – what are the advantages and disadvantatges?
- Transform the representative office into subsidiary/100% FDI company.

Please contact Mr. Tony – our Privilege Client Account should you have any further query about the conditions, required papers and procedures with the following contact infor: hieunm@vivabcs.com.vn or phone number +84 789774445.

Register membership for free Counsel and support