Trading and purchasing scrap is one of the most popular professions today. Many scrap collectors say they can earn an income of several tens to hundreds of millions of dong a month. So, what are the trading conditions for scrap trading? Today, LSX Lawfirm will give you an article about “Conditions for trading in scrap in Vietnam“, as follows:
Legal grounds
Decree 40/2019/ND-CP;
Circular No. 25/2019/TT-BTNMT;
Decree 78/2015/ND-CP
Decree No. 38/2015/ND-CP;
Decree No. 18/2015/ND-CP.
Law on Environmental Protection 2014
What is scrap?
“Scrap is a material that is recovered, classified, and selected from materials and products that have been discarded from the production or consumption process to be used as raw materials for another production process.” (according to Article 3. of the Law on Environmental Protection 2014).
In simple terms, it is easy to understand that scrap is the materials and products that are discarded in the production or consumption process that are recovered to be used as raw materials for another production process.
In the world, scrap is used to recycle a lot, people often divide it into many clear categories for convenience in recycling. However, in our country, the classification of scrap faces many difficulties because most users often put scraps together.
Conditions for trading in scrap
Just like any other business, if you want to start a scrap business; You need to prepare yourself the appropriate capital for the size of your business.
In addition, you also need to find warehouse space for your business. Scrap takes up a lot of original space. Therefore, to do business in this industry required to have a relatively large warehouse. Warehouses need a roof to ensure the quality of scrap when stored in the warehouse. This also helps you to limit risks when goods gathered and inventory not exhausted.
Besides, finding partners willing to buy back at high prices is also very important; in case you are not able to connect yourself with waste collection and recycling companies. This is to secure your business revenue.
The last, but very important factor, is the Business License. Currently, the scrap business has considered a profession. So whether you want a small swath of bottles; a family business; or set up a scrap collection company; then you also need to have a business registration license as well as other documents related to the environment according to current Vietnamese laws.
Dossier for registration of scrap business household
Accordingly to Decree 78/2015/ND-CP, the application for registration of a scrap business household needs the following documents:
- Firstly, Application for business household registration;
- Secondly, A valid copy of the citizen’s identity card; identity card; passports of individuals participating in the household business; or business household representative;
- A valid copy of the minutes of the individual group meeting on the establishment of the business household; for the case of household business established by a group of individuals;
- Thirdly, License for environmental conditions;
- Finally, Certification of fire prevention and fighting license.
Individuals, groups of individuals, or representatives of households submit an application for business household registration; and complete documents for the application to the business registration office of the district where the business location is located. Upon receipt of the application, the business registration authority of the district shall hand over the receipt and issue a certificate of household business registration to the household business within 03 working days from the date of receipt of the application, if sufficient. conditions.
In case the application is invalid, within 03 working days from the date of receipt of the application, the business registration authority of the district must clearly notify in writing the contents that need to amended or supplemented. household business.
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Above is LSX Lawfirm’s advice on the content of the problem “Conditions for trading in scrap in Vietnam“. And all the above knowledge to use in work and life. If you have any questions and need more advice and help, please contact the hotline for the reception. Lawyer X is a place that provides reputable and fast business services at reasonable prices. Customers will be extremely satisfied when using our services.
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Related questions
Contents of the application for business household registration include:
– Firstly, A business household name, business location address; phone number, fax number, email (if any);
– Business;
– Secondly, the amount of business capital;
– Thirdly, the number of employees;
– Finally, Full name, signature, residential address, number, and date of issue of valid citizen identification card or identity card or passport of individuals who establish business households, for business households run by groups established by an individual, by an individual, in the case of a household business established by an individual, or on behalf of the household, in the case of a household business established by a household.
The scrap business household wants to issue a business registration certificate; should meet the following conditions:
– Firstly, Business lines are not on the list of business lines and trades banned from business;
– Secondly, The name of the business household that intends to register complies with the provisions of Article 73 of this Decree;
– Thirdly, Pay the registration fee in full as prescribed.
So If after 03 working days from the date of submitting the business household registration application, the business household registration certificate is not received, the business household registrant has the right to lodge a complaint in accordance with the law on complaints denounce.
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