Tax Newsletter

Establishment of Foreign Trader’s Representative Office in Vietnam

 

On 25 January 2016, the Government of Vietnam issued Decree No. 07/2016/NĐ-CP detailing the Commercial Law on the Representative Office and Branch of foreign trader in Vietnam (‘’Decree 07’’).

Decree 07 comes into effect from 10 March 2016, replacing Decree No. 72/2006/ NĐ-CP dated 25 July 2006 and repealing Article 2 of Decree No. 120/2011/ NĐ-CP dated 16 December 2011 issued by the Government amending and supplementing the administrative procedures in some Decrees of the issued by the Government detailing the Commercial Law.

In this Newsletter, Grant Thornton Vietnam would like to share with you:

  1. Regulations on the establishment of Representative Office of foreign trader in Vietnam.
  2. Some notes and practical recommendations of Grant Thornton Vietnam.

We hope you will find these updates helpful and please do not hesitate to contact us on any queries you might have on these updates as well as our services. We will be happy to help.

Tax Newsletter No.2 2016