21 August, 2016
Pursuant to the guidance of the Customs Department of Dong Nai province:
In the event an EPE has established a branch offices to operate under the Business Registration Certificate with the scopes of work related to trading of goods or other activities directly relevant to trading of goods in Vietnam, these branch offices are allowed to operate under the granted Business Registration Certificate.
In the event an EPE has no plans to maintain the operations of its branch offices, the EPE shall be required to carry out the liquidation of the branch offices. Furthermore, in order to continue the operation, the EPE has to maintain separate accounting books for the branch offices to record the revenues and costs relating to the purchase and sale of goods in Vietnam and shall arrange a storage area separately from the storage area of goods serving the production of the export-processing enterprises.
