Vietnam: From September 1, 2022, the transport business unit must return the business license and badges, signs to the licensing agency within 7 days?

I want to ask when I receive the decision to revoke the business license, can I return the business license and badges and signs to the business licensing agency at any time in Vietnam? Thanks.

Procedures for granting a business license in Vietnam?

According to the provisions of Clause 1, Article 19 of Decree 10/2020/ND-CP, the specific procedures for issuance, re-issuance and revocation of business license are:

a) The transport business shall submit an application for the business license to the issuing authority. If the application needs to be amended, the issuing authority shall inform the contents to be amended to the applicant directly or in writing or via the online public services system within 03 working days from the date of receipt of the application;

b) Within 05 working days from the date of receipt of the adequate application, the issuing authority shall appraise the application and issue the license made using the form in Appendix II of this Decree. If the application is rejected, the issuing authority shall explain the reason to the applicant in writing or via the online public services system.

Procedures for re-issuance of a business license when there is a change in the contents of the business license or the business license is revoked or deprived of the right to use shall comply with the provisions of Clause 1 of this Article.

Vietnam: From September 1, 2022, the transport business unit must return the business license and badges, signs to the licensing agency within 7 days?

Vietnam: From September 1, 2022, the transport business unit must return the business license and badges, signs to the licensing agency within 7 days?

Procedures for re-issuance of a business license in case the business license is lost or damaged in Vietnam?

As for the regulations on procedures for re-granting a business license in case the business license is lost or damaged, Clause 3, Article 19 of Decree 10/2020/ND-CP provides:

a) The transport business shall submit an application for reissuance of the business license to the Department of Transport of the province where the business’s headquarters or branch is located. If the application needs to be amended, the issuing authority shall inform the contents to be amended to the applicant directly or in writing or via the online public services system within 02 working days from the date of receipt of the application;

b) Within 03 working days from the date of receipt of the adequate application, the issuing authority shall issue the auto transport business license made using the form in Appendix II of this Decree. If the application is rejected, the issuing authority shall explain the reason to the applicant in writing or via the online public services system.

The business licensing agency checks information about the business registration certificate or the business registration certificate on the national business registration portal system before granting the business license.

In which case, the transport business unit has its business license revoked indefinitely in Vietnam?

In case the business license is revoked for an indefinite period of time for a transport business unit, Clause 6, Article 19 of Decree 10/2020/ND-CP provides:

6. A transport business will have its business license revoked for an indefinite period of time in any of the following cases:

a) A copy of a document included in the business license application is inconsistent with the authentic copy or contains erroneous information;

b) The transport business has stopped operating for 06 months starting from the date of issuance of the business license or for 06 consecutive months;

c) The transport business terminates its operation according to regulations of laws or of its own volition;

d) Image data from car cameras are edited or falsified before, during or after transmission.

Procedure for revocation of a business license issued by a business license authority in Vietnam?

Regarding the order of revocation of a business license, Clause 7, Article 19 of Decree 10/2020/ND-CP stipulates:

7. An issuing authority has the power to revoke the business licenses it issued following this procedure:

a) Promulgate a decision to revoke the business license;

b) Send the business license revocation decision to the transport business and post an update on the Department of Transport’s website;

c) Report to the Directorate for Roads of Vietnam and the provincial People’s Committee and notify the business license revocation decision to relevant authorities for cooperation;

d) Upon promulgation of the business license revocation decision, the transport business shall submit its business license and signage to the issuing authority and stop all transport business activities according to this decision immediately after its entry into force.

From September 1, 2022, the transport business unit must return the business license and badges and signs to the business license-issuing agency within 7 days in Vietnam?

According to the provisions of Clause 7 Article 1 of Decree 47/2022/ND-CP amending Decree 10/2020/ND-CP that when the business license-issuing agency issues a decision to revoke the business license, within 07 days from the effective date of the decision, the business license and badges and signs must be returned to the business license-issuing agency, and all transportation business activities must be stopped under the decision to revoke the business license immediately after the decision comes into force.

Accordingly, from September 1, 2022, the transport business unit must return the business license and badges and signs to the business license-issuing agency within 7 days.

Decree 47/2022/ND-CP comes into force from September 1, 2022.

Here is some of the information we provide to you. Best regards!

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