This is a notable content of Decree No. 86/2013/NĐ-CP of Vietnam’s Government on the business of prize-winning electronic games for foreigners.
According to Clause 2 Article 18 of Decree No. 86/2013/NĐ-CP of Vietnam’s Government, enterprises engaged in the business of prize-winning electronic games have the 10 following obligations:
1. To comply with regulations on the business of prize-winning electronic games;
2. To appoint managers of their business facilities on the lists registered in their dossiers of application of business eligibility certificates. In case of change, to appoint managers who fully satisfy the criteria and conditions prescribed by law and notify such in writing to the Ministry of Finance and provincial-level Finance Departments and Tax Departments of localities where they organize their business, for monitoring;
3. To organize types of games according to the game rules announced to players;
4. To pay out fully and promptly prizes to winning players. To certify winnings paid out at the request of players;
5. To settle disputes and complaints of players according to the game rules and law;
6. To fulfill tax obligations and fully comply with other relevant regulations during business operation;
7. To take anti-money laundering measures in accordance with law;
8. To take measures to assure security and social order and safety in accordance with law;
9. To keep secret prize-winning information at the request of players, except information provided to competent state management agencies to serve examination, inspection and supervision activities in accordance with law;
10. To take responsibility directly before Vietnamese law for all activities of their prize-winning electronic game business.
Concurrently, enterprises engaged in the business of prize-winning electronic games also have the following rights:
- To organize the business of prize-winning electronic games of types and categories specified in their business eligibility certificates and this Decree;
- To refuse any persons who are not permitted to enter, leave and play in their business facilities;
- To request any persons who violate the game rules, internal rules and internal management regulations they have announced to leave their business facilities;
- To require all players to present identification to prove they are allowed to play at the business facilities;
- To sign contracts to hire managers. The hiring of managers and payment of management expenses comply with law and these expenses must not exceed the maximum level prescribed by the Ministry of Finance.
View details at Decree No. 86/2013/NĐ-CP of Vietnam’s Government, effective from October 01, 2013.
Ty Na
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