Services

Representative office services

To establish, maintain and operate efficiently a representative office on a long-term perspective, it requires adequate and permanent staffing in all departments such as accounting, human resource, IT, marketing, and administration. However, due to limited financial resources, a representative office may not have enough staff to perform all tasks as it should. Because of that the management of such an office usually has to carry out additional tasks that will not leave them enough time to focus on management tasks. The activities of a representative office are generally evaluated through the results deriving from business promotion activities, marketing, relationships with partners, customers, and the local authorities. Therefore administration is necessary for the proper functionning of a representative office, but those operations usually take too much time for the management of the office, which already caused various problems to the overall performance of many foreign representative offices in Vietnam.

VAAL can help the management of a representative office to overcome problems linked to governance issues so that it will be able to focus more on achieving goals and fulfilling the plans of the representative office by outsourcing tasks for all of the departments such as accounting, payroll, tax, IT, marketing, etc... From such a perspective the results of the activities of the representative offices will improve significantly.

 

Our services for representative offices include:


1. License Service:

  • Establishment license. 
  • License Adjustment.
  • Closing Procedure.

2. Labour Service:

  • Work Permit for Foreigner.
  • New employee registration and movement reports.
  • Updates and Support concerning new regulations that can influence labour and wages.

3. Payroll & Insurance Service: 

  • Payroll calculation.
  • Salary payment (on behalf of the client).
  • Social insurance, health insurance & unemployment insurance for the staff.
  • Payroll consultancy.

4. Tax Declaration Service: 

  • Personal Income Tax (PIT) Code registration for the staff.
  • Monthly/quarterly PIT declaration.
  • PIT Finalization.
  • PIT refund procedure. 
  • Tax finalization for closing procedures.

5. Foreign contractor tax (FCT) service:

  • FCT code registration.
  • FCT consultancy.
  • FCT declaration and finalization.

6. Yearly operation report and other reports to Authorities service.

7. Other services:

  • Temporary staffing.
  • Staff training.
  • Temporary office for the license application period.
  • Consultancy on other issues.
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