Who can become lottery agents in Vietnam?

Who can become lottery agents in Vietnam? (Internet image) 

According to the definition in Clause 1, Article 2 of Decree 30/2007/ND-CP, lottery business means business activities based on events with random results, which are organized on the principle that a lottery business enterprise collects customers money for participation in winning prizes and pays prizes to prizewinners.

Currently, in Vietnam, the types of lottery business include:

- Conventional lottery.

- Optional lottery (manual or computerized lottery).

- Instant lottery (scratch lottery or tear lottery).

- Other types as provided for by law.

(Article 7 of Decree 30/2007/ND-CP)

Who can become lottery agents in Vietnam?

To act as a lottery agent in Vietnam, individuals/organizations must meet the conditions specified in Article 16 of Circular 75/2013/TT-BTC, specifically as follows:

For individuals:

- Being Vietnamese citizens aged 18 years or older, permanently residing in Vietnam;

- Not being persons having previous convictions, criminal records; not being persons limited the civil act capability or lost civil act capability as prescribed by law;

- Not being employees, managers working at lottery companies or lottery companies operating in the same area;

- Not being spouse, biological father or mother, adoptive father or mother, children, adopted children, biological sisters or brothers, adoptive sisters or brother of chairmen, General Directors or Directors, deputy General Directors or deputy Directors, Chiefs accountant or persons in charge of accounting, controllers and heads, deputies of professional departments of that lottery company or lottery companies operating in the same area.

- Meeting requirements on ensuring payment as prescribed by law on guarantee transaction to ensure the payment obligation to lottery companies;

- Having written commitment on full compliance with provisions of lottery companies upon becoming lottery agent.

For organizations:

- Being economic organizations that are established and operate legally in Vietnam;

- Not being economic organizations owning the contributed capital of chairmen, General Directors or Directors, deputy General Directors or deputy Directors, Chiefs accountant or persons in charge of accounting, controllers and heads, deputies of professional departments of that lottery company or lottery companies operating in the same area;

- Not being economic organizations owning the contributed capital of spouse, biological father or mother, adoptive father or mother, children, adopted children, biological sisters or brothers, adoptive sisters or brother of chairmen, General Directors or Directors, deputy General Directors or deputy Directors, Chiefs accountant or persons in charge of accounting, controllers and heads, deputies of professional departments of that lottery company or lottery companies operating in the same area;

- Meeting requirements on ensuring payment as prescribed by law on guarantee transaction to ensure the payment obligation to lottery companies;

- Having written commitment on full compliance with provisions of lottery companies upon becoming lottery agent.

The lottery companies may select organizations, individuals eligible for lottery agents based on the principles of publicity and transparency.

If the number of subjects meeting the requirements is too large, the lottery company can choose through bidding (priority is given to subjects with large distribution networks and low commission costs).

Truong Quang Vinh

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