Vietnam: Support of VND 3,000,000 for household businesses according to Resolution 68

Resolution No. 68 clearly regulates assistance to household businesses in difficulty due to Covid-19 with the support of VND 3,000,000 per household business. The procedures for household businesses to receive this support are guided in Decree No. 23/2021/QĐ-TTg.

Application and procedures:

- The household business shall send an application using form No. 11 in the Decree No. 23/2021/QĐ-TTg to the People’s Committee of commune where the place of business is located. The deadline for application submission is January 31, 2022.

- Within 3 working days, the People’s Committee of commune shall certify the business suspension of the household business; post it up; consolidate and send a report to the Sub-department of Taxation.

- Within 2 working days, the Sub-department of Taxation shall take charge and cooperate with relevant agencies in appraisal and send it to the People Committee of district for consolidation.

- Within 2 working days, the People's Committee of district shall review, consolidate, and submit the list to the People's Committee of province.

- Within 2 working days, the People’s Committee of province shall issue a decision on approval for the list and amounts of financial supports; and direct the financial supports. 

If the application is rejected, the People's Committee of province shall provide explanation in writing.

Trường hợp không hỗ trợ, UBND cấp tỉnh thông báo bằng văn bản và nêu rõ lý do.

Note: A household business will be given a financial support if it meets all eligibility requirements below:

- It has registered business and taxes.

- It has to suspend operation for 15 consecutive days or more during the period from May 1, 2021 to December 31, 2021 by order of the competent authority to prevent and control the COVID-19 pandemic.

Bao Ngoc

 

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