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THE REPRESENTATIVE OFFICE Vietnam-based representative office of a foreign trader means a dependent unit of the foreign trader, which is established under the provisions of Vietnamese law to conduct market survey and a number of commercial promotion activities permitted by Vietnamese law. FUNCTION OF THE REPRESENTATIVE OFFICE The operation of a representative office shall be […]
While Law on Enterprise has been amended to facilitate the business entrepreneurs in doing business, household business becomes an optimized option for those with small scale and seek for a straightforward & simplified compliance requirement. Table below provides quick comparison in terms of the formation & compliance requirement between a Limited Liability Company – LLC […]
LEGAL REPRESENTATIVE Legal Representative is an individual representing the enterprise to exercise the rights and perform the obligations arising out of transactions of the enterprise, and representing the enterprise to act as the person lodging a petition for resolution of a civil matter, as a plaintiff, defendant or person with related interests and obligations in […]
Heading to non-cash etiquette in business environment, opening bank account for banking transaction is a must-do task prior commencing operation. E-banking, gradually, plays a key role and is utilized as a functional tool with multiple related services to facilitate all enterprises in doing business. Not aside from this trend, Vietnam-based enterprise is compulsory to open […]
Different from other country where the signature is used as a typical signal for “tie the knot” in business engagement, in Vietnam, the stamp specimen (or refer to the chop or the stamp) together with the physical signature, are fully formed the legal execution in terms of paperwork for business activities. Stamp consist of stamp […]
Nowadays, Vietnam is gradually recognized as an open market to attract foreign investment. By self-improving its infrastructure and public facilities, as well as being a member in certain international treaties to build-up cordial relationship with other countries and territories all around the world, Vietnam turns itself to become an ideal and strategic market for foreign […]
GENERAL Once obtaining the licenses i.e. Investment Registration Certificate (“IRC”) and Enterprise Registration Certificate (“ERC”) for the official legal base of Vietnam-based presence, there are several compulsory procedures that are required to be undertaken by the Company in order to put it in ready-to-operate status. They are named “Post-Licensing” procedure., in particulars: Stamp Arrangement Company’s […]