What is an Individual Engaged in Commercial Activities?
The concept of individuals engaging in commercial activities is defined in Clause 1, Article 3 of Decree 39/2007/ND-CP regarding individuals engaging in independent, regular commercial activities without having to register a business, with the content as follows:
Individuals engaging in commercial activities are individuals who independently carry out, on a day-to-day basis, one, a few, or all activities permitted by law regarding the sale of goods, provision of services, and other activities for profit-making purposes. However, they are not subject to business registration under the law's provisions on business registration and are not referred to as “traders” according to the Commercial Law.
The above is the explanation regarding the concept of individuals engaging in commercial activities. You can find further information on this matter in Decree 39/2007/ND-CP.
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