What is the economic industry code for coffee wholesale?is legal content that readers often need to check carefully before implementing it in practice. This article has been systematized by ANT Legal in an easy-to-understand manner, helping individuals and businesses understand the main issues, common risks and appropriate solutions.
What is the economic industry code for coffee wholesale?
Pursuant to the provisions of STT 46, Part G, Section II, Appendix II – Contents of Vietnam’s Economic Sector System issued with Decision 27/2018/QD-TTg as follows:
4632: Wholesale of food
This group includes: Wholesale of meat and meat products, seafood, vegetables, coffee, tea, sugar, milk and milk products, confectionery and products processed from cereals, flour, starch…
Exclusions:
– Purchasing wine in barrels and then bottling it without changing the composition of the wine is classified in group 46331 (Wholesale of alcoholic beverages);
– Wholesale of pet food is classified in group 46329 (Wholesale of other foods);
– Blending wine or distilling spirits is classified in group 1101 (Distillation, distillation and blending of spirits) and group 1102 (Manufacture of wine).
46321: Wholesale of meat and meat products
This group includes:
– Wholesale of fresh, frozen, and semi-processed livestock and poultry meat;
– Wholesale of products from livestock and poultry meat, meat organs from livestock and poultry.
Exclusion: Wholesale of live livestock and poultry is classified in group 46203 (Wholesale of live animals).
46322: Wholesale of seafood
This group includes: Wholesale of fresh, frozen and processed seafood such as fish, crustaceans (shrimp, crab…), molluscs (squid, octopus…), other aquatic invertebrates.
46323: Wholesale of vegetables and fruits
This group includes:
– Wholesale of fresh, frozen and processed vegetables and tubers, vegetable juices;
– Wholesale of fresh, frozen and processed fruit, fruit juice.
46324: Wholesale coffee
This group includes: Wholesale of coffee beans, roasted or unroasted, powdered coffee.
…
Thus, according to the above regulations, coffee wholesale has an economic industry code of 46324.
Who has the right to register to establish a coffee wholesale business?
In Clause 1, Article 79 of Decree 01/2021/ND-CP it is stipulated: Business households are registered to be established by an individual or household members and are responsible with all their assets for the business activities of the household.
Subjects eligible to establish coffee wholesale business households are based on Clause 1, Article 80 of Decree 01/2021/ND-CP as follows:
Individuals and household members who are Vietnamese citizens with full civil act capacity according to the provisions of the Civil Code have the right to establish business households, except in the following cases:
– Minors, people with limited civil capacity; people who have lost their civil act capacity; people with difficulty in cognition and behavior control;
– People who are being prosecuted for criminal liability, detained, are serving prison sentences, are serving administrative measures at compulsory drug treatment facilities, compulsory education establishments or are banned by the Court from holding positions, practicing certain professions or doing certain jobs;
– Other cases as prescribed by relevant laws.
Note:
+ Individuals and household members are only allowed to register one business household nationwide and are entitled to contribute capital, buy shares, and purchase capital contributions in the enterprise as an individual.
+ An individual or household member registering a business household cannot simultaneously be the owner of a private enterprise or a general partner of a partnership unless agreed by the remaining partnership members.
What principles apply to the registration of coffee wholesale business households?
The registration of coffee wholesale business households applies the principles specified in Article 84 Decree 01/2021/ND-CP as follows:
– Business households and business household founders themselves declare the business household registration dossier and are responsible before the law for the legality, truthfulness and accuracy of the information declared in the business household registration dossier.
– The district business registration authority is responsible for the validity of the business household registration dossier and is not responsible for violations of the law by business household founders or business households.
– The district business registration authority does not resolve disputes between individuals in business households with each other or with other organizations or individuals.
– The business household owner can authorize other organizations and individuals to carry out business household registration procedures as prescribed in Article 12 of Decree 01/2021/ND-CP, specifically:
Authorization to carry out business registration procedures
The person authorized to sign the business registration request document may authorize other organizations or individuals to carry out business registration procedures according to the following regulations:
1. In case of authorizing an individual to carry out business registration procedures, along with the business registration dossier, there must be a written authorization for the individual to carry out procedures related to business registration and a copy of the authorized individual’s legal papers. This authorization document is not required to be notarized or authenticated.
2. In case of authorizing an organization to carry out business registration procedures, along with the business registration dossier, there must be a copy of the service provision contract with the service organization carrying out procedures related to business registration, a letter of introduction from that organization to the individual directly carrying out procedures related to business registration and a copy of the legal documents of the individual being introduced.
3. In case of authorizing a public postal service provider to carry out business registration procedures, when carrying out business registration procedures, the postal employee must submit a copy of the application submission form according to the form issued by the public postal service provider with the signature of the postal employee and the person authorized to sign the business registration request.
4. In case of authorizing a postal service provider other than a public postal service to carry out business registration procedures, the authorization shall comply with the provisions of Clause 2 of this Article.
Note on Applying Current Legal Regulations
This article belongs to the Business & M&A group and is presented for reference purposes, helping readers understand the legal issue at an overview level before preparing a dossier or carrying out a transaction.
Legal regulations may vary depending on the timing, locality, type of dossier and specific circumstances. If you need to determine the exact legal basis applicable to your case, you should contact ANT Legal’s lawyers at 0966.475.966 for review and advice before proceeding.
Common Legal Risks to Note
- Applying legal instruments that have been amended, supplemented or replaced.
- Preparing an incomplete set of documents, materials or necessary evidence.
- Misunderstanding the conditions, procedure, timeline or competent authority.
- Signing, submitting a dossier or carrying out a transaction before fully assessing legal risks.
How Can ANT Legal Support You?
ANT Legal can review the specific circumstances, examine the dossier, identify the applicable legal basis, advise on an appropriate handling plan and represent clients in working with individuals, organizations or competent authorities where necessary.
For prompt advice, you may contact a lawyer at 0966.475.966.
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