Necessary procedures to open a grocery store in Vietnam

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Nowadays, it is not difficult to find a grocery store of all sizes because they are springing up like mushrooms. Simply because this form of business is quite simple and easy to manage by individuals or households. So when opening a grocery store in Vietnam, are there any procedures to be complied with? The answer is yes and it is registered as an individual business household. Specific procedures are as follows:

1. The individual, group of individuals, or representative of the household shall submit the application form for business household registration to the business registration authority of the district where the business location is situated. Content of application form:

- Name, address, phone number, fax number, email address (if any) of the business household;

- Business lines;

- Capital;

- Quantity of employees;

- Full names, signatures, residences, numbers and dates of issue of unexpired ID cards or passports of individuals establishing the business household (if the business household is established by a group of individual) or of the individual (if the business household is established by a individual), or representative of the household (if the business household is established by a household).

The application form must be enclosed with legitimate copies of the unexpired ID cards or passports of individuals in the business household or representative of the household, and a legitimate copy of the minutes of meeting of the group of individuals on establishment of the business household (in case the business household is established by a group of individuals).

2. When receiving the application, the business registration authority of the district shall give a receipt to the applicant and issue the certificate of business household registration within 03 working days from the receipt of the application if all of the following conditions are satisfied:

- The registered business lines are not prohibited;

- The name of the business household is conformable with regulations;

- Fees and charges for registration are fully paid.

If the application is not satisfactory, within 03 working days from the receipt of the application, the business registration authority of the district shall inform the applicant of necessary revisions or supplementation.

3. After 03 working days from the date of submission of the application for business household registration, if the certificate of business household registration is not issued or no request for revision or supplementation of the application is given, the applicant is entitled to lodge a complaint as prescribed by regulations of law on complaints and denunciation.

4. In the first week of every month, the business registration authority of the district shall send a list of business households registered in the previous month to the tax authority of the same district, Business Registration Office, and regulatory agencies of the province.

Thus, if you want to open a grocery store by registering a business household according to the above procedures, it should be noted that each individual and household may only register one business household nationwide.

These contents are specified in Articles 67 and 71 of Decree No. 78/2015/NĐ-CP of Vietnam’s Government on enterprise registration.

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