Guidance on the procedures for providing financial assistance in using legal consulting services for SMEs in Vietnam

This is an important content specified in Decree No. 55/2019/ND-CP of Vietnam’s Government providing legal assistance for small and medium-sized enterprises (SMEs).

Currently, SMEs shall access the legal consultant network according to the sector managed by each ministry or ministerial agency via the list of legal consultants posted on the website of that ministry or ministerial agency.

thu tuc ho tro chi phi tu van cho DN nho va vua, Nghi dinh 55/2019/NĐ-CP

Procedures for getting financial assistance in using legal consulting services shall be carried out as follows:

Step 1: After reaching an agreement on legal consulting service with a legal consultant selected from the legal consultant network, the SME shall, directly, electronically or by post, submit an application for financial assistance in using legal consulting service to the relevant ministry or ministerial agency. That application includes:

- The declaration of a micro-enterprise, small or medium-sized enterprise using the form provided in Decree No. 39/2018/ND-CP of Vietnam’s Government or its amending or superseding document;

- The photocopy of Certificate of enterprise registration;

- The agreement on legal consulting service entered into between the legal consultant and the SME, which specifies consulting contents and service fees.

Step 2: Within 10 business days from the receipt of a sufficient application, the relevant ministry or ministerial agency shall give a written response to approve or refuse the SME’s application for financial assistance in using legal consulting services according to the rules set forth in Article 4 and other provisions hereof. If an application is refused, reasons for refusal shall be given in writing.

If an application is approved, financial assistance in using legal consulting service shall be provided for as follows:

Enterprises

Assistance amounts

Micro-enterprise

An assistance of 100% of service fees as defined in the written agreement on legal consulting service that it enters into with the legal consultant provided that assistance shall not exceed VND 03 million per year

Small-sized enterprise

An assistance of up to 30% of service fees as defined in the written agreement on legal consulting service that it enters into with the legal consultant provided that assistance shall not exceed VND 05 million per year

Medium-sized enterprise

An assistance of up to 10% of service fees as defined in the written agreement on legal consulting service that it enters into with the legal consultant provided that assistance shall not exceed VND 10 million per year

Financial assistance in using legal consulting services offered to household businesses that are converted into SMEs, SMEs that are startups, SMEs joining business clusters or value chains

Financial assistance in using legal consulting service shall be provided in accordance with Chapter IV of Decree No. 39/2018/ND-CP or its amending or superseding documents

In case an application for financial assistance in using legal consulting service is approved by the relevant ministry or ministerial agency, the SME shall, after obtaining the written legal advice from the legal consultant, submit an application for reimbursement of consulting service fees. Such application includes:

- 01 complete copy of the document providing legal advice and 01 copy of the same that does not contain the SME’s business secrets;

- The application form for reimbursement of legal consulting service fees that contains certification of both the legal consultant and the SME using legal consulting service and the following contents: number and date of the written approval, beneficiary's name, account number and name of the beneficiary's bank;

- Financial invoices as regulated by law.

Step 3: Within 10 business days from the receipt of sufficient application, the relevant ministry or ministerial agency shall reimburse legal consulting service fees to the requesting SME. In case the provided legal advice is not subject to the scope of the agreement on legal consulting service signed by the legal consultant and the SME, the relevant ministry of ministerial agency shall refuse to reimburse legal consulting service fees and notify both the legal consultant and the SME of this case.

Within 15 business days from the reimbursement date, the relevant ministry or ministerial agency shall send the copy of the document providing legal advice that does not contain business secrets of the SME to the Ministry of Justice and the Ministry of Planning and Investment for publishing on the legal assistance website for SMEs and the national assistance portal for SMEs.

View more details at Decree No. 55/2019/ND-CP of Vietnam’s Government, effective from August 16, 2019.

Thu Ba

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