Văn phòng đại diện có phải làm báo cáo? – RO reports

1/ Types of reports that representative offices must submit?

1.1/ Reporting to the Department of Industry and Trade

• Deadline: January 30th of the following year is the deadline for submitting the Annual Activity Report of year N.
• Submission location: Provincial Department of Industry and Trade (Depending on each locality, it can be submitted directly at the Department of Industry and Trade, sent by post, or submitted online through the Department of Industry and Trade’s electronic information page)
• Form: Annual Activity Report according to Form BC-1 issued with Circular 11/2016/TT-BCT (Form BC1)
• Legal basis: Decree 07/2016/ND-CP, Circular 11/2016/TT-BCT

English version 11_2016_TT-BCT_En

Vietnamese version 11_2016_TT-BCT_Vn

If the representative office of a foreign trader fails to comply with the annual activity reporting regime, it will be subject to administrative sanctions (Decree 98/2020/ND-CP): Penalties range from 10 million to 20 million VND for representative offices of foreign traders in Vietnam that fail to submit periodic reports or submit dishonest reports on their activities to the competent state management agency that issued the license as regulated.

1.2/ Reports on labor and insurance

The representative office of a foreign trader must also comply with labor and insurance procedures similar to businesses, including some procedures such as:

• Mandatory insurance registration
• Internal labor regulations registration
• Reports on labor utilization, insurance reports…

https://gonnapass.com/lich-nop-bc-thue-va-bc-tuan-thu-nam-2022/

2/ Tax obligation reports of representative offices

Refer to the following articles

https://gonnapass.com/khai-thue-cho-van-phong-dai-dien/

https://gonnapass.com/khai-thue-tncn-cho-nguoi-nuoc-ngoai/

https://gonnapass.com/van-phong-dai-dien-phai-nop-le-phi-mon-bai-khong/

Legal basis:

According to Article 32 of Decree 07/2016/ND-CP on representative offices and branches of foreign traders in Vietnam, the reporting regime for the activities of the representative office, branch is regulated as follows:

The representative office, branch has the obligation to report, provide documents, or explain issues related to its activities as required by the competent state management authority.