Authority to register commercial franchising in Vietnam

08:50, 07/04/2006

Recently, the Government of Vietnam has issued the Decree No. 35/2006/NĐ-CP detailing implementation of Commercial Law 2005 regarding franchising.

Thẩm quyền thực hiện đăng ký hoạt động nhượng quyền thương mại, Nghị định 35/2006/NĐ-CP

According to the Decree No. 35/2006/NĐ-CP of Vietnam’s Government, before conducting franchising activities, Vietnamese traders or foreign traders that intend to franchise must register franchising with competent agencies. To be specific:

- The Ministry of Trade of Vietnam shall register the following franchising activities:

+ Franchisings from overseas into Vietnam, including franchisings from export processing zones, non-tariff areas or separate customs areas specified by Vietnamese law into the Vietnamese territory;

+ Franchisings from Vietnam to overseas, including franchisings from the Vietnamese territory into export processing zones, non-tariff areas or separate customs areas specified by Vietnamese law.

- Trade Services and Trade-Tourism Services of provinces or centrally-run cities where traders that intend to franchise make business registration shall register franchising at home, except for franchising across boundaries of export processing zones, non-tariff areas or separate customs areas specified by Vietnamese law.

Note: Agencies competent to register franchising shall have to register franchising of traders in the franchising register and notify in writing the traders of such registration.

View more details at the Decree No. 35/2006/NĐ-CP of Vietnam’s Government, effective from April 26, 2006.

Ty Na

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