Introduction
Congratulations on the establishment of your business presence in Vietnam. The Representative Office license is a very important milestone for your operation in the Vietnamese market. However, as you may be well aware, this is only the first step in navigating the post-licensing requirements and legal responsibilities of operating a representative office for a foreign company and will play an important role in determining the success of your business in Vietnam.
The Vietnamese legal system is rapidly changing and foreign investors have to comply with a set of rules and provisions governing their conduct in Vietnam. With the purpose of assisting your company in conducting business activities in strict compliance with Vietnamese law, ADK Vietnam Lawyers has designed this Compliance Checklist which may help you perform a simple assessment of your representative office’s operations.
Instructions on filling
The Compliance Checklist is designed to be a simple checklist covering the most important compliance obligations for your representative office under Vietnamese law.
While answering the questions below, you will have the chance to check the “legal health” of your business activities in Vietnam and be more informed about the operations of a representative office of a foreign company in Vietnam.
In case you have any queries or concerns, please do not hesitate to contact us for assistance and advice. We can then help you design a corporate business strategy that will ensure your business is in line with the current provisions of Vietnamese law.
ADK VIETNAM LAWYERS
List of Abbreviations
1.
|
“RO”
|
Representative Office.
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2.
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“DOIT”
|
Department of Industry and Trade.
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3.
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“CR”
|
Chief Representative.
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4.
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“PIT”
|
Personal Income Tax.
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5.
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“VND”
|
Vietnam Dong.
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6.
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“DOLISA”
|
Department of Labour, War Invalids and Social Affairs.
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7.
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“SI”
|
Social Insurance.
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8.
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“HI”
|
Health Insurance.
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9.
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“UI”
|
Unemployment Insurance.
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