Rights and Obligations of Household Business Owners

In the case you want to establish a household business, what rights and obligations do you have according to legal regulations when registering for establishment?

Based on the provisions of Article 81 of Decree 01/2021/ND-CP:

The business household owner shall exercise the following rights and obligations after establishing the business household:

  1. The business household owner shall fulfill tax obligations, financial obligations, and business activities of the business household as prescribed by law.

  2. The business household owner represents the business household as the petitioner in civil matters, plaintiff, defendant, person with related rights and obligations before the Arbitration, Court, and other rights and obligations as prescribed by law.

  3. The business household owner may hire others to manage and operate the business activities of the business household. In this case, the household owner and the family members who participate in registering the business household remain responsible for the debts and other financial obligations arising from the business activities.

  4. The business household owner and family members participating in registering the business household are responsible for the business activities of the business household.

  5. Other rights and obligations as prescribed by law.

Respectfully!

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