According to Decree 72/2006/ND-CP dated 27 July 2006, representative offices (“ROs”) of foreign companies in Vietnam are required to submit an annual operations report on their activities (“Report”). The Report needs to be submitted to the provincial Department of Industry and Trade before the last working day of January of the following year.
Penalties of up to VND40,000,000 will be imposed if an RO fails to submit its Report. The deadline for submission of the Report for 2015 is 29 January 2016.
Please contact us should you wish PwC Legal to assist you with the preparation and submission of the Report for your RO.
This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice. For further information, please contact: Phan Thi Thuy Duong or Veera Mäenpää (PwC Legal in HCMC), Hironori Yasuda (Japanese Business), Kim Huyn Joon (Korean Business), Bee Han Theng (Asian Chinese Business Services) at phone (84-8) 38230796, or contact Le Anh Tuan (PwC Legal in Hanoi) at phone (84-4) 39462246.
For Vietnamese copy, please click PwC Legal Vietnam Newsbrief_Representative Office Annual Report__VN
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