Decision No. 2667/2005/QĐ-BTM delegates authority to the Management Board of Industrial Zones of Thanh Hoa Province to manage import and export activities and trade activities of foreign-invested enterprises within industrial zones. This decision specifies the examination and approval of import plans, disposal of machinery and equipment, and periodic reporting.
Scope of application
The Management Board of Industrial Zones of Thanh Hoa Province, foreign-invested enterprises within industrial zones in Thanh Hoa Province.
Key points
- The authorized management board shall examine and approve import plans of foreign-invested enterprises in accordance with relevant laws and regulations.
- Enterprises must comply with specific conditions and contents when importing machinery, equipment, construction materials, spare parts, temporarily imported machinery for lease, and raw materials for production.
- The management board must approve the disposal of machinery, equipment, materials, and raw materials of enterprises in accordance with regulations.
- Quarterly, the management board must report to the Ministry of Trade on the import and export activities of foreign-invested enterprises.
- The Ministry of Trade will inspect the implementation of this Decision in accordance with the law.
🌐 Social impact of this document
- Positive impact: Reducing administrative procedures, increasing the efficiency of managing import and export activities and trade of enterprises.
- Negative impact: It may cause difficulties for enterprises in complying with relevant laws and regulations related to imports.
❓ Frequently asked questions
How should the management board examine and approve import plans?
The management board must examine and approve import plans in accordance with the Law on Foreign Investment in Vietnam, Decree No. 24/2000/NĐ-CP, and related documents. The examination includes confirming tax exemptions for imported machinery, equipment, construction materials, spare parts; approving temporary import plans for leased machinery from abroad; and approving plans for importing raw materials for production.
What regulations must foreign-invested enterprises comply with when importing?
Enterprises must comply with import regulations according to the Law on Foreign Investment in Vietnam, Decree No. 24/2000/NĐ-CP, and related documents. Importation must be confirmed through Investment License, Business Registration Certificate, Economic and Technical Justification, and technical design.
What responsibilities does the management board have regarding the disposal of machinery and equipment?
The management board must approve the disposal of machinery, equipment, materials, and raw materials of enterprises in accordance with Circular No. 01/2005/TT-BTM.
What reports must enterprises submit to the Ministry of Trade?
Quarterly, the management board must submit reports on the import and export activities of foreign-invested enterprises in accordance with the guidelines of the Ministry of Trade.
How will the Ministry of Trade inspect this Decision?
The Ministry of Trade will organize inspections of the implementation of the delegation provisions in this Decision in accordance with the law.
Full text
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MINISTRY OF TRADE |
SOCIALIST REPUBLIC OF VIETNAM |
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Number: 2667/2005/QD-BTM |
Hanoi, November 3, 2005 |
Pursuant to …;
Regarding the delegation of authority to the Management Board of Industrial Zones of Thanh Hoa Province to manage import and export activities and trade activities of foreign-invested enterprises within
industrial zones of Thanh Hoa Province
industrial zone of Thanh Hoa province
THE MINISTER OF TRADE
Pursuant to Decree No. 29/2004/NĐ-CP dated January 16, 2004 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Commerce;
Pursuant to the Regulations on Industrial Zones, Export Processing Zones, and High-Tech Zones issued together with Decree No. 36/CP dated April 24, 1997 of the Government;
Pursuant to Decision No. 39/1999/QD-TTg dated March 6, 1999 of the Government Chairman on the establishment of the Management Board of Industrial Zones of Thanh Hoa Province;
At the proposal of the People's Committee of Thanh Hoa Province at Document No. 4284/UBND-KTTC dated October 19, 2005,
DECISION:
Article 1. Delegates authority to the Management Board of Industrial Zones of Thanh Hoa Province (hereinafter referred to as the Management Board) to manage import and export activities and trade activities for foreign-invested enterprises and Joint Ventures based on Business Cooperation Agreements for investment in industrial zones of Thanh Hoa Province (hereinafter referred to as foreign-invested enterprises).
Article 2. The Management Board of Industrial Zones of Thanh Hoa Province shall examine and approve import plans and manage trade activities of foreign-invested enterprises as follows:
1. Approve import plans of foreign-invested enterprises, ensuring compliance with the Law on Foreign Investment in Vietnam dated November 12, 1996, the Law Amending and Supplementing Certain Provisions of the Law on Foreign Investment in Vietnam dated June 19, 2000, Decree No. 24/2000/ND-CP dated July 31, 2000, and Decree No. 27/2003/ND-CP dated March 19, 2003 of the Government, Decision No. 46/2001/QD-TTg dated April 4, 2001 of the Government Chairman on managing exports and imports of goods during the period from 2001 to 2005, and other relevant legal documents consistent with Investment Licenses, Business Licenses, Economic and Technical Justifications, and technical designs. The examination and approval of import plans include the following contents:
1.1. Approve import plans and confirm exemption from import duties for machinery, equipment, transportation means, construction materials, spare parts for installation to create fixed assets, including financial leasing imports.
1.2. Approve temporary import plans for machinery, equipment, transportation means leased from abroad that are not part of the production process to serve enterprise operations.
1.3. Approve import plans for materials and raw materials for production and business activities of enterprises.
2. Approve the liquidation of machinery, equipment, transportation means, materials, and raw materials of foreign-invested enterprises in accordance with Circular No. 01/2005/TT-BTM dated January 6, 2005 of the Ministry of Trade.
3. Approve import plans for finished products to be combined with exported products of foreign-invested enterprises.
Article 3. Quarterly, the Management Board shall report to the Ministry of Trade on the implementation of exports and imports of foreign-invested enterprises in accordance with the guidance provided by the Ministry of Trade in Circular No. 22/2000/TT-BTM dated December 15, 2000 of the Ministry of Trade.
Article 4. The Ministry of Trade shall periodically inspect the implementation of the provisions in this delegation decision in accordance with the law.
Article 5. This Decision takes effect fifteen days after its publication in the Official Gazette./.
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DEPUTY MINISTER |
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