Retail Sales of Motorcycle and Motorbike Spare Parts Register Under Which Industry Code?

Appendix II: Contents of the Vietnam Economic Sector System issued together with Decision 27/2018/QD-TTg, stipulates:

45432: Retail sale of motorcycle, motorbike parts and accessories

This group includes: Retail sale, including sales activities through mail orders or the internet, of various types of motorbike, motorcycle parts, components, and accessories such as: inner tubes, tires, fenders, trunks, batteries, spark plugs, lights, electrical components...

Excluding:

- Retail sale of motor fuel classified into group 47300 (Retail sale of motor fuel in specialized stores);

- Retail sale of bicycle parts classified into group 47738 (Retail sale of bicycles and parts in specialized stores).

Accordingly, you can register this industry code. However, this is a five-digit economic sector code (45432: consisting of 5 digits), as stipulated in Clause 1, Article 7 of Decree 01/2021/ND-CP:

When registering to establish an enterprise, when notifying the supplement or change of business sectors and professions or when requesting a reissuance of the Enterprise Registration Certificate, the enterprise founder or enterprise selects a four-digit economic sector code in the Vietnam Economic Sector System to record the business sectors and professions in the Application for Enterprise Registration, Notice of Change in Enterprise Registration Content, or the Application for Reissuance of the Enterprise Registration Certificate. The business registration authority guides, cross-checks, and records the business sectors and professions of the enterprise into the National Business Registration Database.

Thus, when registering to establish an enterprise to engage in this business sector, you must enter the four-digit economic sector code of this industry. Specifically: 4543: Sale of motorbike, motorcycle parts and accessories. When registering, you can enter as follows:

4543: Sale of motorbike, motorcycle parts and accessories

Details: Retail sale of motorbike and motorcycle parts and accessories such as: inner tubes, tires, fenders, trunks…

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