Vietnam’s Decree 39: 05 trade activities whose business registration is not required from September 14, 2007

On March 16, 2007, the Government of Vietnam issued the Decree No. 39/2007/NĐ-CP on individuals doing trade independently and regularly do not have to register for their businesses.

 trường hợp không phải đăng ký kinh doan, Nghị định 39/2007/NĐ-CP

According to Decree No. 39/2007/NĐ-CP of Vietnam’s Government, individuals doing trade mean individuals who everyday themselves conduct one, several or all activities allowed by law on goods purchase and sale, service provision and other activities with purpose of profitability but do not register their business as prescribed by law on business registration and not be called as “trader” as prescribed by the Commercial Law. Particularly including individuals doing the following trade activities:

1. Street trading (trading in public places) means activities of purchase and sale without a fixed location (purchase on street, sale on street or both purchase and sale on street), includes even the receipt of books, news, magazines, cultural products of traders allowed doing business in these products as prescribed by law, for sale on street;

2. Petty trading means purchase and sale of small and odd items with or without a fixed location;

3. Petty-food trading means sale of fruits, cakes, candies, drinks (beverage) with or without a fixed locations;

4. The consignment trading means purchase of goods from other places according to each consignment to sell for wholesalers or retailers;

5. Providing services: Polishing shoes, selling lottery tickets, repairing key, repairing vehicles, safekeeping for vehicles, washing for vehicles, barber, painting, taking photo and other services with or without fixed locations;

6. Other commercial activities done independently and regularly do not have to register for business.

View more details at Decree No. 39/2007/NĐ-CP of Vietnam’s Government, effective from September 14, 2007.

Ty Na

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