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blue-check From November 20th, 2021: FDI enterprises may apply for license to import gold material on the National Single-window Information Portal

Circular No. 15/2021/TT-NHNN dated September 30th, 2021 of the State Bank on amendment to Circular No. 16/2012/TT-NHNNstatus2 dated May 25, 2012 of the Governor of the State Bank of Vietnam (SBV) providing guidelines for some Articles of the Government’s Decree No. 24/2012/ND-CP dated April 03, 2012 on gold business
Posted: 15/10/2021 8:37:12 AM | Latest updated: 29/10/2021 1:44:49 PM (GMT+7) | LuatVietnam: 5313 | Vietlaw: 536
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One of the important amendments of this Circular is allowing foreign direct investment (FDI) enterprises to apply for license to import gold material on the National Single-window Information Portal.

Procedures for issuing the license to import gold material to FDI enterprises on the National Single-window Information Portal shall be carried out according to Clause 2 Article 1 of this Circular.

Notably, documents in the electronic application shall be scanned copies of originals or original documents (in PDF, TIF, JPG formats), except the application form which is submitted on the National Single-window Information Portal.

In case of extension of the license for temporary import of gold material for re-export of products, this Circular only accepts the extension not exceeding 12 months.

This Circular takes effect from November 20th, 2021.

To abrogate Clause 17 Article 1 of Circular No. 38/2015/TT-NHNNstatus2 dated December 31st, 2015; Clause 1, Clause 2 and Clause 4 Article 1, Annex 10b promulgated together with Circular No. 29/2019/TT-NHNN dated December 27th, 2019.

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Effective Date 20-Nov-2021
ExpiredDate Unknown
Published Vietlaw's Newsletter No. 536

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Foreign Currencies - Gold

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