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blue-check It is required to adjust the business license in case an FDI enterprise wishes to expand its business rights

Official letter No. 2095/BCT-KHTC dated April 11th, 2023 of the Ministry of Industry and Trade regarding guidelines on performance of activities of trade intermediate and trader's representative
Posted: 12/4/2023 7:30:31 AM | Latest updated: 13/4/2023 10:35:04 PM (GMT+7) | LuatVietnam: 5677 | Vietlaw: 609
VietlawOnline

According to opinions of the Ministry of Industry and Trade, in case a foreign direct investment (FDI) enterprise is granted the business license to perform activities of trade intermediate and trader’s representative to distribute goods in Vietnam, in principle the FDI enterprise may conduct these activities in line with its business license and regulations of the Law on Commerce regarding “trader” and “foreign trader”.

In case the FDI enterprise wishes to perform activities of trade intermediate and trader's representative with contents/ entities different from the regulations at the business license, it is required to carry out procedures for adjustments to the business license in accordance with Decree No. 09/2018/ND-CP .

Ms Phuong Thao (VietlawOnline.com)
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Published Vietlaw's Newsletter No. 609

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