What is the economic industry code for the wholesale of motorbike spare parts? how much?

What is the economic industry code for wholesale motorcycle spare parts?

Wholesale of spare parts for motorbikes with economic sector codes as prescribed in STT 45 Part G Section II Appendix II – Contents of Vietnam Economic Sector System issued with Decision 27/2018/QD-TTg as follows:

4543: Selling spare parts and auxiliary parts of motorbikes and motorbikes

This group includes: Wholesale, retail and dealer of spare parts and auxiliary parts of motorbikes.

45431: Wholesale of spare parts and auxiliary parts of motorbikes and motorbikes

This group includes: Wholesale of spare parts, parts, and separate components of motorbikes and motorbikes such as: tubes, tires, trunks, fairings, batteries, spark plugs, lights, electrical accessories…

Exclusions:

– Wholesale of bicycle parts, classified in group 46499 (Wholesale of other household goods not elsewhere classified);

– Wholesale of motor fuel is classified in group 46613 (Wholesale of gasoline and related products).

45432: Retail of spare parts and auxiliary parts of motorbikes and motorbikes

This group includes: Retail, including sales via postal or internet orders, of spare parts, parts, and separate components of motorbikes and motorbikes such as tubes, tires, fairings, trunks, batteries, spark plugs, lights, electrical accessories…

Exclusions:

– Retail sale of motor fuel is classified in group 47300 (Retail sale of motor fuel in specialized stores);

– Retail sale of bicycle parts is classified in group 47738 (Retail sale of bicycles and spare parts in specialized stores).

Thus, according to the above regulations, wholesale of motorbike spare parts has the economic industry code of 45431.

If you want to register to establish a wholesale business of motorcycle spare parts, which agency should you go to?

Want to register to establish a wholesale business of motorcycle spare parts according to Clause 1, Article 87 of Decree 01/2021/ND-CP as follows:

Register your business

1. Business household registration is done at the district business registration authority where the business household’s headquarters is located.

2. Business household registration dossier includes:

a) Application for business household registration;

b) Personal legal documents for business household owners and household members registering business households in case household members register business households;

c) Copy of minutes of meeting of household members on establishing a business household in case household members register a business household;

d) Copy of the household member’s authorization document for a member to be the owner of the business household in case household members register a business household.

…

Thus, according to the above regulations, if you want to register to establish a business household that wholesales motorbike spare parts, you should go to the district business registration authority where the business household’s headquarters is located to register.

A business household that wholesales motorbike spare parts is granted a business household registration certificate when it meets what conditions?

A business household that wholesales motorbike spare parts is granted a business household registration certificate when it meets all the conditions specified in Clause 1, Article 82 of Decree 01/2021/ND-CP as follows: following:

Certificate of business household registration

1. Business household registration certificates are issued to business households established and operating according to the provisions of this Decree. A business household is granted a Business Household Registration Certificate when all of the following conditions are met:

a) The registered business line and profession are not prohibited from business investment;

b) The name of the business household is set in accordance with the provisions of Article 88 of this Decree;

c) There is a valid business household registration dossier fee;

d) Pay the full business registration fee according to regulations.

2. The business household registration certificate is issued on the basis of information in the business household registration dossier declared by the business household founder and is responsible for himself.

3. The information on the Business Household Registration Certificate is legally valid from the date of issuance of the Business Household Registration Certificate and the business household has the right to operate business from the date of issuance of the Business Household Registration Certificate, except in the case of doing business in conditional business investment lines. In case a business household registers the start date of business operations after the date of issuance of the Business Household Registration Certificate, the business household has the right to operate business from the date of registration, except in the case of conditional business investment lines.

4. Business households can receive the Business Household Registration Certificate directly at the District Business Registration Office or register and pay a fee to receive it by mail.

5. Business households have the right to request the District Business Registration Authority to issue a copy of the Business Household Registration Certificate and pay fees according to regulations.

Thus, according to the above regulations, households doing wholesale business of motorbike spare parts will be granted a Business Registration Certificate when the following conditions are met:

– Registered business lines and occupations are not prohibited from business investment;

– The name of the business household is set in accordance with the provisions of Article 88 of this Decree;

– Have valid business registration documents;

– Pay the full business household registration fee according to regulations.