Conditions for enterprises trading gold jewellery and fine arts

Legal basis

  • Law on State Bank of Vietnam 2010
  • Decree 24/2012/ND-CP
  • Circular 16/2012/TT-NHNN guiding Decree 24/2012/ND-CP on management of gold trading activities issued by the State Bank of Vietnam

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Content

The business of gold jewellery and fine arts is conditional and not subject to the qualification certificate of business.

Enterprises trading gold jewellery and fine arts must meet the following conditions:

  1. The enterprises is established under law provisions and the Certificate of enterprise registration must include the production of gold jewellery and fine arts.
  2. Having premises, facilities and equipments serving gold jewellery and fine art trading.

Responsibilities of enterprises trading gold jewellery and fine arts

  1. Publicly posting the weight, gold content, purchasing and selling prices of gold jewelry and fine art at the location of transaction, taking responsibilities before law for the quality of their products being sold in the market.
  2. Complying with law provisions on the accounting regime, invoices and accounting receipts.
  3. Complying with law provisions on measurement.
  4. Taking measures and facilities and equipment to ensure safety in business activities.
  5. Complying with this Decree and other relevant law provisions.

Above is our consultancy about this issue. If you need more detailed advice and answers as well as how to access this service, please contact directly the Deputy Director of Sales: Lawyer Nguyen Duc Trong via hotline: 0912.35.65.75, 0912.35.53.53 or call the free legal consultation hotline 1900.6575 or send a service request via email: info@hongbanglawfirm.com hoặc lienheluathongbang@gmail.com

Wishing you and your family good health, peace and success!

Best regards!