Decree 98/2020/ND-CP of the Government prescribing penalties for administrative violations against regulations on commerce, production and trade in counterfeit and prohibited goods, and protection of consumer rights in Vietnam, will take effect from October 15, 2020. There will be heavy fines for violations related to business licenses for domestic enterprises and foreign-invested enterprises.
From October 15, 2020, violations of business activities relating to the business licenses will be fined heavily. Below are all guidelines for procedures for issuance of business licenses for foreign investors to avoid fines.
This is the content mentioned in the Draft Decree detailing the Commercial Law regarding sale of goods and other activities directly related to sale of goods of foreign investors and foreign-invested business entities in Vietnam (the 8th).
Below is a notable content in Decree 09/2018/ND-CP on guidelines for the Law on Commerce and the Law on Foreign Trade Management regarding sale of goods and other activities directly related to sale of goods of foreign investors and foreign-invested business entities in Vietnam.
Parent company: THU VIEN PHAP LUAT Ltd.
Editorial Director: Mr. Bui Tuong Vu - Tel. 028 3935 2079
P.702A , Centre Point, 106 Nguyen Van Troi, Ward 8, Phu Nhuan District, HCM City;