PROCEDURES FOR APPLICATION FOR RETAIL BUSINESS LICENSE FOR FOREIGN-INVESTED ENTERPRISES

According to the provisions of law, foreign-invested enterprises wishing to register retail business must carry out the procedures to apply for business licenses for foreign-invested economic organizations to carry out their rights to the retail distribution of goods.

 The dossiers of application for Retail Licenses is as follows:

1 Application form for Business License (Form No. 01 in the Appendix enclosed with Decree 09/2018/ND-CP dated January 15th, 2018);
2 An explanation containing the contents specified in Clause 2, Article 12 of the Government’s Decree 09/2018/ND-CP of January 15th, 2018, including:

  • Explanation on conditions for issuance of corresponding Business License as prescribed in Article 9 of this Decree (according to requirements in Section 1.11. Requirements and conditions for carrying out administrative procedures)
  • Business plan: Describing the content and mode of conducting business activities; presenting business plan and market development; demand for labor; assessing socio-economic impacts and efficiency of business plans;
  • Financial plan: Report the results of business activities on the basis of the latest audited financial statement in case it has been established in Vietnam for 01 year or more; explanation of capital, capital sources and capital raising plan; enclose financial documents;
  • The business situation of goods trading activities and activities directly related to the goods sale and purchase; the financial situation of foreign-invested business organizations up to the time of application for business license, in case of being granted a Business License as prescribed in Clause 6, Article 5 of this Decree (Clause 6, Article 5, Decree 09: An economic organization having a retail establishment in Vietnam, after receiving capital contribution, becomes a foreign-invested economic organization or economic organization in the cases prescribed in Point b and c, Clause 1, Article 23 of the Investment Law, must carry out procedures for granting a Business License or Retail Outlet License.)
3 Documents of the tax authority proving that the tax debt is no longer overdue;
4 Certified copy of Enterprise registration Certificate;
5 Certified copy of the Investment registration Certificate of the project of goods trading and activities directly related to the sale and purchase of goods (if any).
  • Number of files: 01 set
  • Processing time: 10 working days from the date of receipt of complete and valid file.
  • Implementing agency: Department of Industry and Trade where the foreign-invested economic organization is headquartered