For enterprises seeking to enter the dynamic markets of trading aromatics, foodstuffs, and chemicals, correctly registering under the appropriate industry code is essential. This classification not only ensures regulatory compliance but also defines the scope of permissible activities. In this discussion, we will delve into the industry code requirements for businesses looking to engage in the trading of aromatics, foodstuffs, and chemicals. Understanding this crucial step is pivotal for smooth operations and adherence to legal standards.
Question:
On the certificate of business registration, my company’s registered business field is the trading of fragrances, foodstuffs, and chemicals (excluding hazardous chemicals). Now, my company has been registered to conduct business in those fields for too long. I would like to inquire about which industry code I should switch to now.
Answer:
– Enterprises should refer to the business fields regulated in Decision No. 27/2018/QD-TTg dated July 6, 2018, issued by the Prime Minister on the Vietnam Economic Industry System.
– Enterprises may consider registering the industry codes as follows:
– 4669 Details: Trading of fragrances, chemicals (excluding hazardous chemicals)
– 4722 Details: Trading of foodstuffs.
– Enterprises should note that before registering the establishment of a business location, they must submit documents to change the registered business field of the company owner.
– The documentation, procedures, and sequence of changing industries and business fields shall be carried out in accordance with the provisions of Article 56 of Decree No. 01/2021/ND-CP on enterprise registration.”
Conclusion
In conclusion, determining the correct industry code for engaging in the trading of aromatics, foodstuffs, and chemicals is fundamental. It’s an essential aspect of business registration. It guides enterprises in complying with regulations and conducting their activities within the established legal framework. By selecting the right industry code, businesses can establish a strong foundation for their operations. This fosters growth and success in the trading of aromatics, foodstuffs, and chemicals within competitive markets.
HMLF is always available to offer assistance in understanding the procedures with authorities.
Head office: 14th floor, HM Town building, 412 Nguyen Thi Minh Khai, Ward 05, District 3, Ho Chi Minh City.
Phone number: +84 937215585
Website: hmlf.vn Email: miller@hmlf.vn
