Does providing security service need to set up an enterprise in Vietnam?

Does providing security service need to set up an enterprise in Vietnam?

Pursuant to Article 11 of Decree 96/2016/ND-CP, apart from conditions mentioned in Article 7 of this Decree, a security service provider must satisfy the following conditions:

1. It must be an enterprise.

2. The person in charge of security and order of the security service provider must possess a three-year associate degree or higher, and within 24 immediately preceding months, did not hold the same position at another security service provider that has Certificate of satisfaction of security and order conditions revoked for indefinite period (except for cases prescribed in Clause 2 Article 22 of this Decree).

3. A Vietnamese security service provider sets up a joint venture with a foreign security service provider:

The Vietnamese security service provider is only allowed to set up a joint venture with a foreign security service provider in case where it requires the investment in machinery and/or technical facilities provided that the foreign security service provider shall only contribute capital to purchase machinery and/or technical facilities to serve security works.

4. A foreign security service provider contributes capital to a Vietnamese security service provider:

a) It must be an enterprise that has been providing security service for at least 05 consecutive years;

b) The representative of the capital contributed by the foreign security service provider has never faced any administrative penalty from warnings or higher level for violations against regulations on security service by a competent law enforcement agency in a foreign country where security service is provided;

c) The capital amount contributed by foreign security service provider is only spent on purchase of machinery and/or technical equipment to serve security works. The minimum capital contributed by the foreign security service provider is USD 1,000,000 (one million US dollars). The valuation of machinery/technical equipment shall be conducted by the competent valuation authority at district level or higher, and the security service provider must pay valuation fees.

Thus, in order to have a security service business, you need to set up an enterprise in Vietnam. In addition, you must also ensure that you fully meet the conditions as specified above.

Can security service provider itself organize security guard training courses in Vietnam?

Pursuant to Clause 3, Article 12 of Decree 96/2016/ND-CP, if a security service provider itself organizes security guard training courses, it must satisfy the following conditions:

a) Classrooms and training places must be available for trainee security guards;

b) That security service provider must have at least 03 years of experience in security service sector. The security guard training board must be established;

c) It must have at least 300 security guards or above;

d) Teachers of security guard training classes must be available or contracted. Such teachers must have appropriate qualifications and possess three-year associate degrees or higher (except for kung fu);

dd) It must have security guard training program and curriculum. The training curriculum includes basic contents about politics, law, professional skills of a security guard, communication skills, fire prevention and fighting, first aid skills, management and use of combat gears, basic kung fu movements for self-defense and controlling attackers, and other contents according to actual requirements by protected subjects. The minimum duration of a security guard training course is 30 days.

According to this Article, if you establish a security service business and meet the above conditions in Vietnam, you will be able to train security guards yourself.

Best Regards!