05 cases in which the license to establish a representative office of a foreign advertising company in Vietnam shall be revoked

Specifically, according to Article 24 of Decree No. 181/2013/NĐ-CP of Vietnam’s Government, the license to establish a representative office shall be revoked in the following 05 cases:

- The representative office is run in contravention of the license;

- The representative office provides advertising services;

- The representative office fails to send reports on its operation for 02 consecutive years;

- The representative office is not inauguration within 06 months from the issuance date of the license to establish a representative office;

-  No report is sent within 06 months at the request of the competent authority.

On the other hand, Decree No. 181/2013/NĐ-CP stipulates that the license to establish a representative office shall be shut down in the following cases:

- The shutdown is requested by the foreign advertising company, and this request is granted by the license issuer;

- The license to establish a representative office is revoked as prescribed in Clause 1 Article 24 of this Decree;

- The foreign advertising company is shut down in accordance with the law of its country.

Notably, in the cases mentioned in Point a and Point c Clause 2 Article 24 of this Decree, the foreign advertising company must send a written notification of the shutdown to the People’s Committee of the province where the representative office is situated at least 30 days before the shutdown, and return the license the license issuer.

View details at Decree No. 181/2013/NĐ-CP of Vietnam’s Government, effective from January 01, 2014.

Thu Ba

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