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Starting a new business in Vietnam is time-consuming and costly, said a recent report released by the International Finance Corporation and the World Bank.

If a foreign company only intends to set up an establishment Vietnam to carry general supporting activities, such as marketing research and development, liaison with suppliers and customers and preliminary procurement work, it may set up the establishment as a representative office, instead of setting up a branch or a subsidiary company. With GBS’s comprehensive legal understanding of the international business environment in Vietnam, we can supply clients with fundamentally beneficial legal advice in areas of foreign investments. Please refer to our Representative Office Registration Package for your reference.

According to Decree 34/2008/NĐ-CP date 25 March 2008 on employment and administration of foreigners working in Vietnam, the Chief Representative must submit application for the issuance of a work permit. The work permit will be issued by the Department of Labour within a time- limit of 20 working days from the date of receipt of a complete and valid application file.

GBS is one of the best business law firms in Vietnam with a network South East Asia, Middle East, Japan, HongKong, Malta and Poland.

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GBS - President Trần Đại Quang called on New Zealand to join economic development in Việt Nam via increasing... https://t.co/ZlgmEZTOsx
Woomentum will launch its first event in Ho Chi Minh City to connect women-founded startups and investors. Read... https://t.co/O0flJ2EBWW
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VIETNAM CHANGING LANDSCAPES, by Calum Stuart, Reuters https://t.co/dcc0QTDZyA
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GBS Co., Ltd
8th Floor , Trade Centre Building, 135A Pasteur Str, Ward 6, Dist. 3, Ho Chi Minh City, Vietnam

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