Foreign company representative office dissolution procedure is carried out when the representative office is not going to operate any longer and want to shut down.

LEGAL BASIS

Commercial Law 2005;

Enterprise Law 2014;

Decree No. 07/2016/NĐ-CP on foreign company representative office, branch in Vietnam.

PROCEDURE

1. Representative office dissolution files that clients need to provide Thuy Duong Law includes:

• Operation report of representative office from establishment to dissolution (Report submitted to Department of Industry and Trade of the region where the company’s headquarter takes place);
• Operation License;
• Seal Sample Certificate;
• Personal Income Tax forms, receipts, finalization since establishment and other tax-related documents;
• Payroll of employees, social insurance forms and other employee-related documents;
• Cash book, Bank statement of representative office;
• Office lease agreement;
• Documents about operation fees in Vietnam.

2. Once we have recieved all necessary files, Thuy Duong Law will consult specifically on matters related to dissolution of representative office as well as the procedure to do so.
3. Stages of representative office dissolution

Stage 1: Performing tax finalization with tax/insurance department and other employee’s obligations.

Stage 2: Returning representative office’s seal to police department.

Stage 3: Returning Representative Office Establishment License to Department of Industry and Trade of the region where the representative office takes place.

As you can see, there are a lot of preparations needed and many steps taken at various departments in order to dissolve representative offices. Thuy Duong Law can help you proceed quickly, efficiently with the most reasonable prices.