What is a gold bar according to vtv5 trực tiếp bóng đá hôm nay law in Vietnam? When shall enterprises in Vietnam be eligible for vtv5 trực tiếp bóng đá hôm nay License to trade gold bars in Vietnam?
What is a gold bar according to vtv5 trực tiếp bóng đá hôm nay law in Vietnam? When shall enterprises in Vietnam be eligible for vtv5 trực tiếp bóng đá hôm nay License to trade gold bars in Vietnam? What are responsibilities of enterprises and credit institutions trading gold bars in Vietnam?
What is a gold bar according to vtv5 trực tiếp bóng đá hôm nay law in Vietnam?
Pursuant to Article 3 of vtv5 trực tiếp bóng đá hôm nay Decree 24/2012/ND-CP:
Interpretation of terms
In this Decree, vtv5 trực tiếp bóng đá hôm nay following terms shall be construed as below:
1. Gold jewellery and fine arts of which vtv5 trực tiếp bóng đá hôm nay gold content is 8 Carat (equivalent to 33.33%) or above that have been processed and fashioned to serve adornment and fine arts.
2. Gold bars means gold molded into bars, engraved with letters, weight indicators, quality, vtv5 trực tiếp bóng đá hôm nay symbol and vtv5 trực tiếp bóng đá hôm nay sign of producing enterprises and credit institutions licensed by vtv5 trực tiếp bóng đá hôm nay State Bank of Vietnam (hereinafter referred to as vtv5 trực tiếp bóng đá hôm nay State Bank) to produce, or gold bars produced by vtv5 trực tiếp bóng đá hôm nay State Bank’s in each specific period
3. Gold material means gold bullions, bars grains, pieces and other types.
4. Gold business activities via accounts means gold trading via accounts in vtv5 trực tiếp bóng đá hôm nay form of deposit transactions and vtv5 trực tiếp bóng đá hôm nay net value shall be constantly re-evaluated in line with fluctuations in gold price.
As regulated above, gold bars means gold molded into bars, engraved with letters, weight indicators, quality, vtv5 trực tiếp bóng đá hôm nay symbol and vtv5 trực tiếp bóng đá hôm nay sign of producing enterprises and credit institutions licensed by vtv5 trực tiếp bóng đá hôm nay State Bank of Vietnam (hereinafter referred to as vtv5 trực tiếp bóng đá hôm nay State Bank) to produce, or gold bars produced by vtv5 trực tiếp bóng đá hôm nay State Bank’s in each specific period.
What is a gold bar according to vtv5 trực tiếp bóng đá hôm nay law in Vietnam? When shall enterprises in Vietnam be eligible for vtv5 trực tiếp bóng đá hôm nay License to trade gold bars in Vietnam? - image from internet
When shall enterprises in Vietnam be eligible for vtv5 trực tiếp bóng đá hôm nay License to trade gold bars in Vietnam?
Pursuant to Clause 1 Article 11 of vtv5 trực tiếp bóng đá hôm nay Decree 24/2012/ND-CP stipulating conditions for obtaining vtv5 trực tiếp bóng đá hôm nay License to trade gold bars:
Conditions for obtaining vtv5 trực tiếp bóng đá hôm nay License to trade gold bars
1. Enterprises are eligible for vtv5 trực tiếp bóng đá hôm nay License to trade gold bars when vtv5 trực tiếp bóng đá hôm nay following conditions are satisfied:
a) Being established and operated under law provisions.
b) Having vtv5 trực tiếp bóng đá hôm nay charter capital of 100 billion VND and above.
c) Having 2-year experience in gold trading or more.
d) Having paid vtv5 trực tiếp bóng đá hôm nay tax on gold business of 500 (five hundred) million VND/year or above during vtv5 trực tiếp bóng đá hôm nay two latest successive years (upon verification of vtv5 trực tiếp bóng đá hôm nay tax authority).
đ) Having branches and sale offices in 3 (three) provinces and centrally-affiliated cities or more in Vietnam.
2. Credit institutions are eligible for vtv5 trực tiếp bóng đá hôm nay License to trade gold bars when vtv5 trực tiếp bóng đá hôm nay following conditions are satisfied:
a) Having charter capital of 3,000 (three thousand) billion VND and above.
b) Having registered gold business.
c) Having branches and sale offices in 5 (five) provinces and centrally-affiliated cities or more in Vietnam.
3. vtv5 trực tiếp bóng đá hôm nay State Bank shall stipulats vtv5 trực tiếp bóng đá hôm nay procedures and dossiers on vtv5 trực tiếp bóng đá hôm nay License to trade gold bars applicable to enterprises and credit institutions.
As regulated above, enterprises eligible for vtv5 trực tiếp bóng đá hôm nay License to trade gold bars when vtv5 trực tiếp bóng đá hôm nay following conditions are satisfied:
- Being established and operated under law provisions.
- Having vtv5 trực tiếp bóng đá hôm nay charter capital of 100 billion VND and above.
- Having 2-year experience in gold trading or more.
- Having paid vtv5 trực tiếp bóng đá hôm nay tax on gold business of 500 (five hundred) million VND/year or above during vtv5 trực tiếp bóng đá hôm nay two latest successive years (upon verification of vtv5 trực tiếp bóng đá hôm nay tax authority).
- Having branches and sale offices in 3 (three) provinces and centrally-affiliated cities or more in Vietnam.
What are responsibilities of enterprises and credit institutions trading gold bars in Vietnam?
Pursuant to Article 12 of vtv5 trực tiếp bóng đá hôm nay Decree 24/2012/ND-CP stipulating responsibilities of enterprises and credit institutions trading gold bars in Vietnam:
Responsibilities of enterprises and credit institutions trading gold bars
Enterprises and credit institutions trading gold bars are responsible to:
1. Purchase and sell only vtv5 trực tiếp bóng đá hôm nay kinds of gold bars stipulated in Clause 2 Article 3 of this Decree.
2. Keep from gold bars trading through authorized agents.
3. Comply with law provisions on accounting regime, invoices and accounting records.
4. Post vtv5 trực tiếp bóng đá hôm nay gold bar sale and purchase price publicly at vtv5 trực tiếp bóng đá hôm nay location of transaction.
5. Take measures and equipment to ensure safety in business activities.
6. Comply with this Decree and other relevant law provisions.
As regulated above, enterprises and credit institutions trading gold bars are responsible to:
- Purchase and sell only vtv5 trực tiếp bóng đá hôm nay kinds of gold bars, which are gold molded into bars, engraved with letters, weight indicators, quality, vtv5 trực tiếp bóng đá hôm nay symbol and vtv5 trực tiếp bóng đá hôm nay sign of producing enterprises and credit institutions licensed by vtv5 trực tiếp bóng đá hôm nay State Bank of Vietnam to produce, or gold bars produced by vtv5 trực tiếp bóng đá hôm nay State Bank’s in each specific period.
- Keep from gold bars trading through authorized agents.
- Comply with law provisions on accounting regime, invoices and accounting records.
- Post vtv5 trực tiếp bóng đá hôm nay gold bar sale and purchase price publicly at vtv5 trực tiếp bóng đá hôm nay location of transaction.
- Take measures and equipment to ensure safety in business activities.
- Comply with this Decree and other relevant law provisions.
Best regards!
