Food is one of the most basic and indispensable human needs, so the food business is always considered a potential, stable business that serves the most basic needs of people. No matter what period, people always have a great need for food. Therefore, the food business is always an extremely stable business. So what are the conditions for establishing a food business company? To answer customers’ questions, Viet An Law Firm offers the way to set up a company in Vietnam trading food below.
Food business is the performance of one, more, or all of the activities of introducing, preserving, transporting, or selling food.
Currently, popular forms of food business include:
Investment conditions for foreign investors are conditions that foreign investors must meet when implementing investment activities in conditional business lines for foreign investors according to the provisions of international treaties on investment, relevant laws, ordinances, and decrees.
Accordingly, when establishing a company, foreign investors must meet the following conditions:
Based on the Investment Law 2020 and the accompanying appendices, the investment field in the food business belongs to a conditional business line. Accordingly, when establishing a foreign-invested food business company, it must ensure food safety conditions for food production and business establishments.
According to current law, because food business is a profession directly related to human health, business establishments are required to ensure the following safety conditions:
After fully preparing the above conditions, you are required to contact the food safety management board to apply for a certificate of establishment meeting food safety conditions. The preparation procedure will be as follows:
The application for a food safety license includes:
Before applying for a certificate of establishment meeting food hygiene and safety conditions, the establishment owner and employees working there must register to participate in food hygiene and safety knowledge training with the Board of Food Safety Management of the province and city where the business is located.
The Ministry of Industry and Trade has the authority to issue licenses to facilities producing alcohol, beverages, processed milk, vegetable oil, flour, starch, cakes, jams, and candy.
The Ministry of Agriculture and Rural Development will have the authority to issue qualified licenses for primary production facilities of agricultural, forestry, and fishery products or salt including the entire process from planting to harvesting and at wholesale and auction of agricultural products markets.
The Food Safety Department of the Ministry of Health has the authority to grant for companies with a scale of providing 300 meals/day or more. Facilities providing ready meals. Catering services in hospitals, export processing zones, industrial parks or collective kitchens, and canteens of universities, and colleges.
The Food Safety Certificate is valid for three years. After being issued the certificate, the authorities will check again. If the facility violates regulations on production and business, its certificate will be revoked.
To establish a food business, you need to prepare with the following steps:
For the food business, when establishing, you can register a number of business lines as follows:
|No||Business lines||Industry code|
|1||Wholesale of food.||4632|
|2||Food and beverage retail. Beverages, cigarettes, and tobacco account for a large proportion of general stores.||4711|
|3||Food retail in specialized stores.||4722|
|4||Wholesale of agricultural and forestry raw materials (except wood, and bamboo) and live animals (types permitted by the state)||4620|
|5||Wholesale of rice, wheat, other grains, flour.||4631|
Clients who want to learn more information about conditions to set up a company in Vietnam trading food, please contact Viet An Law Firm for our best support!
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