Form report on the status of issuance and revocation of Licenses to establish representative offices of foreign traders in Vietnam?

Sample report on the status of issuance and revocation of License to establish representative offices of foreign traders in Vietnam?

The sample report on the status of issuance and revocation of the License to establish representative offices of foreign traders in Vietnam is specified in Clause 14, Article 1 of Circular 11/2016/TT-BCT as follows:

Application forms, Licenses, Reports, Notices of termination of operations of Representative Offices and Branches of foreign traders in Vietnam; Report form of the Licensing Agency

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12. Sample Report on Representative Office activities according to Form BC-1 of the Appendix issued with this Circular.

13. Sample Branch Operation Report according to Form BC-2 of the Appendix issued with this Circular.

14. Sample Annual Report of the Licensing Agency according to Form BC-3 of the Appendix issued with this Circular.

Thus, the form reporting on the status of issuance and revocation of the License to establish representative offices of foreign traders in Vietnam is prescribed according to Form BC-3 in the Appendix issued with Circular 11/2016/TT-BCT.

Which agencies are responsible for reporting on the status of issuance and revocation of Licenses to establish representative offices of foreign traders in Vietnam?

The agency responsible for reporting the status of issuance and revocation of Licenses to establish representative offices of foreign traders in Vietnam is specified in Clause 2, Article 42 of Decree 07/2016/ND-CP as follows:

Responsibilities of the Department of Industry and Trade and Management Board

1. Implement according to authority the management of activities of representative offices and branches in the locality.

2. Annually, before January 30, the Department of Industry and Trade and the Management Board report to the Ministry of Industry and Trade on the situation of granting, re-issuing, adjusting, extending, revoking the License to establish Representative Offices and terminating the operation of Representative Offices in the locality.

Thus, according to regulations, the agencies responsible for reporting the status of issuance and revocation of Licenses to establish representative offices of foreign traders in Vietnam include:

– Department of Industry and Trade;

– Management board of industrial parks, export processing zones, economic zones, and high-tech zones.

The deadline for reporting on the status of issuance and revocation of Representative Office Establishment Licenses is before January 30.

Foreign traders who want to apply for a License to establish a Representative Office should submit their application to the Licensing Agency in what form?

The form of application for a License to establish a Representative Office is specified in Clause 1, Article 11 of Decree 07/2016/ND-CP as follows:

Submission Order and procedures for granting a Representative Office Establishment License

1. Foreign traders submit applications directly or by mail or online (if eligible) to the Licensing Agency where the Representative Office is expected to be located.

2. Within 03 working days from the date of receipt of the dossier, the Licensing Agency shall check and request additional documents if the dossier is not complete and valid. Requesting additional documents is made at most once during the document processing process.

3. Except for the cases specified in Clause 4 of this Article, within 07 working days from the date of receipt of complete and valid documents, the Licensing Agency shall issue or not issue the License to establish a Representative Office for foreign traders. In case of refusal to grant a permit, there must be a written statement clearly stating the reason.

4. In the case specified in Clause 5, Article 7 of this Decree and in cases where the establishment of a Representative Office has not been regulated in specialized legal documents, the Licensing Agency shall send a document to seek opinions from the specialized management Ministry within 03 working days from the date of receipt of complete and valid documents. Within 05 working days from the date of receiving the written request for opinions from the Licensing Agency, the Ministry of specialized management shall issue a document clearly stating its agreement or disagreement to grant a license to establish a Representative Office. Within 05 working days from the date of receiving the opinion of the specialized management ministry, the Licensing Agency shall grant or not grant the License to establish a Representative Office for foreign traders. In case of refusal to grant a permit, there must be a document clearly stating the reason.

Thus, according to regulations, foreign traders who want to apply for a License to establish a Representative Office can submit the application directly or by post or online (if eligible) to the Licensing Agency where the Representative Office is expected to be located.