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blue-check Regarding FDI enterprises’ performance of the business activity of temporary import for re-export

Official letter No. 641/XNK-CN dated October 20th, 2022 of the Ministry of Industry and Trade regarding foreign-invested business entities' importing goods then exporting the goods without undergoing processing, working
Posted: 2/11/2022 11:35:56 AM | Latest updated: 3/11/2022 3:27:49 PM (GMT+7) | LuatVietnam: 5573 | Vietlaw: 584
VietlawOnline

The Ministry of Industry and Trade assumes that the importation right, exportation right of foreign direct investment (FDI) enterprises as prescribed at the Law on Foreign Trade Management and Decree No. 09/2018/ND-CP do not cover the business activity of temporary import for re-export.

Decree No. 69/2018/ND-CP detailing the business activity of temporary import for re-export also specifies at clause 2 Article 13 that FDI enterprises are not allowed to perform the business activity of temporary import for re-export.

According to opinions of the Ministry of Industry and Trade, related management policy of the business activity of temporary import for re-export and performance of exportation right of enterprises are independent (Official letter No. 9123/BCT-PC dated November 8th, 2018.

Ms Phuong Thao (VietlawOnline.com)
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Published Vietlaw's Newsletter No. 584

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Quyền XNKCập nhật đến: 28-Oct-2022

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