How much is fine for incorrect or inadequate business records according to regulations of the Ministry of Public Security in Vietnam?

How much is fine for incorrect or inadequate business records according to regulations of the Ministry of Public Security in Vietnam?

Pursuant to Clause 1, Article 12 of Decree 144/2021/ND-CP regulating fines from 1,000,000 VND to 2,000,000 VND for violations against regulations on management of business lines subject to security and order conditions are as follows:

a) Untimely, untruthful, inadequate quarterly reports on implementation of regulations on security and order according to regulations of the Ministry of Public Security;

b) Incorrect or inadequate business records according to regulations of the Ministry of Public Security;

c) Failure to send a notice and a copy of the certificate of security and order to the police department of the commune where the business is located within 05 days from the inauguration date;

d) Failure to send a notice to the police authority that issued the certificate of security and order and the police department of the commune where the business is located within 10 days from the suspension date;

dd) Failure to send a notice to the police authority that issued the certificate of security and order within 03 working days from the day on which the loss of the certificate is discovered;

e) Failure to send a notice and relevant documents to the police department of the commune where the protected target is located within 05 days from the date of deployment of the protected target outwide the province in which the (security service provider (private security company) is headquartered;

g) Failure to issue or publicize the procedures for receiving applications for production of seals and prices thereof at the seal production facility;

h) Failure to present the original certificate of security and order at the request of a competent police authority.

According to this Article, the act of incorrect or inadequate business records according to regulations of the Ministry of Public Security in Vietnam will be fined from 01 million to 02 million VND.

How much is fine for incorrect or inadequate business records according to regulations of the Ministry of Public Security in Vietnam? (Image from the Internet)

How much is fine for failure to keep a log of business operation that is suitable for the business lines as prescribed by law in Vietnam? 

In addition, Clause 2, Article 12 of Decree 144/2021/ND-CP stipulates fines from 2,000,000 VND to 5,000,000 VND for violations against regulations on management of business lines subject to security and order conditions:

a) Failure to submit quarterly reports on implementation of regulations on security and order to the police authority that issued the certificate of security and order;

b) Failure to submit ad hoc reports on security and order-related incidents that occur at the business establishment to the police authority that issued the certificate of security and order and the police department of the commune where the business establishment is located;

c) Failure to keep a log of business operation that is suitable for the business lines as prescribed by law;

d) Failure to develop a plan for assurance of security and order in the business lines that such a plan is required by law;

dd) Failure to have a warehouse or an adequate warehouse for storage of materials, goods, products for sale;

e) Hiring unqualified people to work in business establishments subject to security and order conditions as prescribed by law;

g) Failure to fully implement regulations on responsibility for assurance of security and order during conditional business operation;

h) Failure to retain copies of ID papers of mortgagor as prescribed by law;

i) Providing paintball gun services for customers under 18 years;

k) Failure to have a health worker on duty at the paintball gun area, who will handle accidents that occur during these activities;

l) Failure to inspect and retain copies of ID papers of plastic surgery clients as prescribed by law;

m) Failure to fully follow procedures for inspection and retention of information of guests and their visitors as prescribed by law;

n) Failure to send a notice to the police authority that issued the certificate of security and order within 03 working days from the day on which the person in charge of security and order of the business establishment is changed.

Thus, according to current regulations in Vietnam, the act of failure to keep a log of business operation that is suitable for the business lines as prescribed by law in Vietnam will be fined from 02 million to 05 million VND.

Best regards!