Consolidated Document number 55/VBHN-BTC Circular guiding certain provisions stipulated in Decree number 06/2017/NĐ-CP dated January 24, 2017 of the Government on operating betting on horse racing, dog racing, and international football

MINISTRY OF FINANCE --------	SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ---------------
Number: 55/CONSOLIDATED DOCUMENT - MINISTRY OF FINANCE	Hanoi, December 31, 2020

CIRCULAR[1]

GUIDELINES FOR SOME PROVISIONS OF DECREE NO. 06/2017/ND-CP DATED JANUARY 24, 2017 OF THE GOVERNMENT ON RACING BETTING, GREYHOUND RACING BETTING AND INTERNATIONAL FOOTBALL BETTING

Circular No. 101/2017/TT-BTC dated October 4, 2017 of the Ministry of Finance guiding some provisions of Decree No. 06/2017/ND-CP dated January 24, 2017 of the Government on racing betting, greyhound racing betting and international football betting, which took effect from December 1, 2017, has been amended and supplemented by:

Circular No. 84/2020/TT-BTC dated October 1, 2020 of the Ministry of Finance amending and supplementing regulations on periodic reporting systems within the authority of the Minister of Finance in the field of financial banking, which took effect from November 15, 2020.

Pursuant to Decree No. 06/2017/ND-CP dated January 24, 2017 of the Government on racing betting, greyhound racing betting and international football betting;

Pursuant to Decree No. 87/2017/NĐ-CP dated July 26, 2017, issued by the Government, stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;

At the proposal of the Director of the Department of Banking and Financial Institutions;

The Minister of Finance issues this Circular guiding some provisions of Decree No. 06/2017/ND-CP dated January 24, 2017 of the Government on racing betting, greyhound racing betting and international football betting.[2]

PART I

GENERAL PROVISIONS

Article 1. Scope of Regulation

This Circular guides some provisions of Decree No. 06/2017/ND-CP dated January 24, 2017 of the Government on racing betting, greyhound racing betting and international football betting (hereinafter referred to as Decree No. 06/2017/ND-CP).

Article 2. Applicability

1. Enterprises engaged in racing betting, greyhound racing betting and international football betting (hereinafter referred to as enterprises engaged in betting).

2. Subjects permitted to participate in betting.

3. State management agencies with functions related to issuing permits, managing, supervising, inspecting, auditing and imposing administrative penalties in the betting business according to the law.

4. Other organizations and individuals related to the betting business.

Article 3. Application for issuance, reissuance, adjustment, extension of the Certificate of Eligibility for Betting Business and the Certificate of Eligibility for Betting Business

1. Application for issuance of the Certificate of Eligibility for Betting Business according to the form prescribed in Appendix No. 01 issued together with this Circular.

2. Application for reissuance, adjustment and extension of the Certificate of Eligibility for Betting Business according to the form prescribed in Appendix No. 02 issued together with this Circular.

3. The Certificate of Eligibility for Betting Business issued by the Ministry of Finance according to the form prescribed in Appendix No. 03 issued together with this Circular.

Chapter II

RACE SUPERVISORY BOARD

Article 4. Establishment of the Race Supervisory Board

1. Before organizing the betting business, enterprises engaged in racing betting and greyhound racing betting shall send a letter to the Department of Finance of the province or centrally administered city (hereinafter referred to as the Department of Finance) where the racecourse is located requesting the establishment of the Race Supervisory Board with the following contents:

a) Composition of the Race Supervisory Board as prescribed in Clause 2, Article 29 of Decree No. 06/2017/ND-CP. The enterprise engaged in racing betting and greyhound racing betting proposes the composition of the Race Supervisory Board suitable for the scale of racing betting and greyhound racing betting business and actual conditions at the locality where the business is organized;

b) Draft Regulation on the operation of the Race Supervisory Board;

c) Principles for determining the remuneration system for participation in the Race Supervisory Board as prescribed in Clause 5, Article 29 of Decree No. 06/2017/ND-CP and Clause 2, Article 8 of this Circular.

2. On the basis of the request of the enterprise engaged in racing betting and greyhound racing betting, within 15 days from the date of receipt of the request letter of the enterprise engaged in racing betting and greyhound racing betting as stipulated in Clause 1 of this Article, the Department of Finance shall submit to the People's Committee of the province or centrally administered city (hereinafter referred to as the Provincial People's Committee) where the racecourse is located:

a) Decision on the establishment of the Race Supervisory Board as prescribed in Clause 1, Clause 2, Article 29 of Decree No. 06/2017/ND-CP and Clause 3 of this Article;

b) Approval of the Regulation on the operation of the Race Supervisory Board as prescribed in Clause 4, Article 29 of Decree No. 06/2017/ND-CP.

3. The composition of the Race Supervisory Board includes:

a) Chairman of the Race Supervisory Board is the representative of the Department of Finance;

b) Members of the Race Supervisory Board are representatives of the Department of Culture, Sports and Tourism (or the Department of Culture and Sports), the Department of Justice, the provincial police agency, and the Department of Agriculture and Rural Development;

c) Secretary and member of the Race Supervisory Board is the representative of the enterprise engaged in racing betting and greyhound racing betting.

4. When there is a change in members of the Race Supervisory Board, the Department of Finance shall have the responsibility to report to the Provincial People's Committee for consideration and decision on changing personnel of the Race Supervisory Board in the following cases:

a) Transfer to another job;

b) Violation of discipline at the workplace;

c) Violation of discipline during the performance of duties of the Race Supervisory Board;

d) Resignation or retirement according to the prescribed regulations;

đ) Other cases as prescribed by law.

Article 5. Duties and Authorities of the Chairman of the Race Supervisory Council

1. Duties of the Chairman of the Race Supervisory Council:

a) Be responsible for performing the duties and authorities of the Race Supervisory Council as prescribed in Clause 3 and Clause 4, Article 29 of Decree No. 06/2017/ND-CP and the Operational Regulations of the Race Supervisory Council;

b) Assign specific tasks, coordinate, and direct members of the Race Supervisory Council to fulfill their assigned responsibilities effectively;

c) Report periodically and urgently on the activities of the Race Supervisory Council to the People's Committee at provincial level and implement measures to strengthen the organization and activities of the Race Supervisory Council in compliance with the provisions of the law, this Circular, and the Operational Regulations of the Race Supervisory Council.

2. Authorities of the Chairman of the Race Supervisory Council:

a) Require enterprises engaged in betting and members of the Race Supervisory Council to comply with the provisions of the law, this Circular, the Operational Regulations of the Race Supervisory Council, and the Racing Rules that have been published;

b) Other authorities as prescribed in this Circular and the Operational Regulations of the Race Supervisory Council.

Article 6. Duties and Authorities of Members of the Race Supervisory Council

1. Duties of Members of the Race Supervisory Council:

a) Adhere to regulations when performing tasks according to the prescribed regime, the Operational Regulations of the Race Supervisory Council, and the assignment of the Chairman of the Race Supervisory Council;

b) Fulfill tasks assigned by the Chairman of the Race Supervisory Council and be responsible for the results of the tasks they are assigned to perform;

c) Timely report to the Chairman of the Race Supervisory Council about any violations or suspicious manifestations during the performance of their tasks so that the Chairman of the Race Supervisory Council can promptly examine and decide on appropriate measures.

2. Authorities of Members of the Race Supervisory Council:

Members of the Race Supervisory Council have the right to reserve personal opinions during the performance of their assigned tasks.

Article 7. Duties and Authorities of the Race Supervisory Council

1. Duties of the Race Supervisory Council:

a) Inspect the conditions for organizing horse racing and dog racing as stipulated in Article 24 of Decree No. 06/2017/ND-CP;

b) Directly supervise the process of organizing horse racing and dog racing according to the Racing Rules that have been published. All information related to each race must be recorded in the Race Monitoring Record immediately after the race ends. The Race Supervisory Council is responsible for signing the Record to confirm the results of the supervision and the race results immediately after the race ends to serve as a basis for enterprises engaged in horse racing betting and dog racing betting to publicly announce the results to players. The Race Monitoring Record must include the following contents:

- Date and time of the race;

- Number of horses and dogs participating in the race;

- Number and names of members of the Arbitration Board;

- Names and license numbers of jockeys (for horse racing);

- Start and end times of the race;

- Results of the race;

- Any issues arising during the race.

c) Supervise the compliance with regulations regarding the frequency of organizing betting, the start and end times of accepting bets for each race as stipulated in Article 15 of Decree No. 06/2017/ND-CP;

d) Immediately after the deadline for accepting bets as stipulated in Point a, Clause 2, Article 15 of Decree No. 06/2017/ND-CP, the Race Supervisory Council supervises the enterprise engaged in horse racing betting and dog racing betting to stop selling betting tickets throughout the system to ensure that no new tickets can be issued after this time.

2. Authorities of the Race Supervisory Council:

a) Request and designate inspections for any racehorse or race dog participating in the race if deemed necessary or if signs of fraud are detected;

b) Decide to remove racehorses, race dogs, or jockeys from the list of participants if there is accurate information confirming that the racehorses, race dogs, or jockeys do not meet the required conditions under the law and the Racing Rules;

c) Require the suspension of the organization of horse racing and dog racing by the enterprise to report to competent state management agencies for examination and handling according to the law in the following cases:

- Starting devices and cameras determining the finish of racehorses and race dogs are incomplete and do not ensure accuracy and fairness in organizing the race and determining the race results;

- Organizing horse racing and dog racing, including horse racing betting and dog racing betting, does not follow the schedule and location announced for the events;

- Fraud in organizing the race;

- The main system and terminal equipment are continuously out of operation for thirty (30) minutes during the announced ticket sales period;

- Weather or track surface conditions are unsuitable for horse racing and dog racing;

- The system continues to issue betting tickets before the deadline for accepting bets as stipulated in Point a, Clause 2, Article 15 of Decree No. 06/2017/ND-CP.

d) Require disciplinary action or request the competent authority to investigate and handle cases of violation or fraudulent behavior in organizing the race according to the law;

e) Require enterprises engaged in horse racing betting and dog racing betting to install, supplement, upgrade, repair, remove, and replace starting devices and cameras determining the finish of racehorses and race dogs that do not meet the required conditions to serve the race;

f) Require enterprises engaged in horse racing betting and dog racing betting to regularly inspect and maintain facilities and equipment at the horse racing and dog racing tracks according to the law to ensure the organization of horse racing and dog racing, including horse racing betting and dog racing betting, in accordance with the law.

Article 8. Remuneration System for Participation in the Race Supervisory Board

1. The Chairman and members of the Race Supervisory Board shall be entitled to remuneration for their participation in the Race Supervisory Board.

2. The remuneration system for participation in the Race Supervisory Board shall be stipulated by the horse racing betting business enterprise or dog racing betting business enterprise based on principles that are appropriate to the nature of the work, time spent supervising, and enhancing the responsibility of Race Supervisory Board members in performing their supervisory duties. The horse racing betting business enterprise or dog racing betting business enterprise shall have the responsibility to issue regulations regarding the remuneration system for the Race Supervisory Board.

3. The horse racing betting business enterprise or dog racing betting business enterprise shall include the remuneration expenses for Race Supervisory Board members in its operating costs.

Chapter III

FINANCIAL MANAGEMENT, ACCOUNTING REGULATIONS, AUDITING AND REPORTING SYSTEMS

Article 9. Principles of Accounting and Management of Revenue and Expenses

1. Betting business enterprises must separately account for revenues, expenses, and profits related to betting activities and must track these items individually in accounting books and financial reports.

2. In cases where revenues and expenses related to betting activities are linked to other business operations of the enterprise, the following procedures shall apply:

a) If the betting business enterprise cannot separately account for revenues from betting activities and revenues from other business activities, the entire revenue that cannot be separated shall be considered as revenue for calculating special consumption tax on betting activities;

b) In cases where expenses are related to both betting activities and other business operations of the enterprise, the betting business enterprise shall allocate these expenses according to the percentage ratio between revenues from betting activities and the total revenue of the enterprise.

3. Betting business enterprises are responsible for accounting for revenues and expenses in accordance with accounting standards and guidelines set forth in this Circular.

4. The determination of revenues and expenses for declaration and payment of taxes on betting activities shall be carried out in accordance with current tax laws.

Article 10. Revenues and Other Income

Revenues and other income of betting business enterprises include:

1. Revenues from betting activities.

2. Revenues from other business activities outside of betting activities as prescribed by law.

3. Financial revenues.

4. Other income (if any).

Article 11. Expenses

Operating expenses for betting activities consist of all expenses serving betting activities as defined by law, including specific expenses for betting activities as follows:

1. Prize payout expenses are the actual amounts paid by the betting business enterprise to winning players participating in bets in accordance with the rules of the betting game and relevant tax laws.

2. Commission expenses for ticket sales agents:

a) The level of commission for ticket sales agents is determined by the betting business enterprise and must be clearly specified in the Ticket Sales Agency Contract signed between the betting business enterprise and the ticket sales agent;

b) The betting business enterprise will only pay commission to the ticket sales agent after confirming the number of tickets sold and verifying that the ticket sales agent has fulfilled all obligations stipulated in the Ticket Sales Agency Contract;

c) The betting business enterprise is responsible for withholding personal income tax payable by individual ticket sales agents before paying them according to tax laws.

3. Remuneration expenses for Race Supervisory Board members as stipulated in Article 8 of this Circular.

4. Entrusted prize payout expenses:

a) Entrusted prize payouts must be reflected in the Agency Contract signed between the betting business enterprise and the ticket sales agent;

b) The maximum fee for entrusted prize payouts to ticket sales agents shall not exceed 0.2% of the total value of prizes paid by the ticket sales agent under the entrustment, as determined by the betting business enterprise.

5. Other expenses as prescribed by law.

Article 12. Accounting, Auditing, and Financial Report Disclosure System

1. Enterprises engaged in betting business shall implement the accounting system in accordance with the Accounting Law and current legal provisions on accounting.

2. The annual financial reports of enterprises engaged in betting business must be audited by an independent auditing organization legally permitted to operate in Vietnam.

3. Within 120 days from the end of the fiscal year, enterprises engaged in betting business must disclose their financial reports in accordance with the law.

4. Enterprises engaged in betting business shall implement the financial report retention system in accordance with the Accounting Law and guiding documents promulgated thereunder.

Article 13. Reporting regime

1. For financial reports:

a) At the end of each quarter's accounting period, enterprises engaged in betting business must prepare and submit quarterly financial reports to the local Tax Bureau within thirty days from the end of the quarter's accounting period;

b) Enterprises engaged in betting business are responsible for submitting annual financial reports to the Ministry of Finance, Provincial Department of Finance, and the local Tax Bureau within ninety days from the end of the fiscal year;

c) The legal representative of enterprises engaged in betting business is liable under the law for the accuracy and truthfulness of these reports.

2. For business operation situation reports:

Periodically every six months and at the end of the year, enterprises engaged in betting business must prepare and submit business operation situation reports according to the templates specified in Appendices 04 and 05 issued together with this Circular to the Ministry of Finance and Provincial Department of Finance within thirty days from the end of the accounting period as prescribed by the Accounting Law. The legal representative of enterprises engaged in betting business is liable under the law for the accuracy and truthfulness of these reports.

3. In cases where the Ministry of Finance or the People's Committee of the province requests the submission of ad hoc reports, enterprises engaged in betting business must prepare and submit such reports as required.

4.[3] The method of submitting reports shall be carried out through one of the following methods:

a) Directly in paper form;

b) Through postal service in paper form;

c) Sending via email systems or specialized information reporting software systems.

d) Other methods as prescribed by law.

Chapter IV

RESPONSIBILITIES OF ORGANIZATIONS

Article 14. Responsibilities of the Provincial Department of Finance

1. To take the lead in advising the People's Committee of the province on managing, supervising, and inspecting betting business activities within its jurisdiction in accordance with Article 77 of Decree No. 06/2017/NĐ-CP, this Circular, and related legal provisions.

2. To submit to the People's Committee of the province for issuance of legal documents serving as the basis for the operations of the Race Supervisory Board, including:

a) Decision on the establishment of the Race Supervisory Board;

b) Approval of the Operation Regulations of the Race Supervisory Board.

Article 15. Responsibilities of the Local Tax Bureau

1. To coordinate with the Provincial Department of Finance and relevant agencies in managing, supervising, and inspecting betting business activities within its jurisdiction in accordance with Decree No. 06/2017/NĐ-CP, this Circular, and related legal provisions.

2. To be responsible for managing, inspecting, and auditing the tax obligations of enterprises engaged in betting business in accordance with the law on taxation.

Article 16. Responsibilities of enterprises engaged in betting business

1. Comply with legal regulations governing the betting business activities as stipulated in Decree No. 06/2017/NĐ-CP, the provisions of this Circular, and other relevant legal regulations.

2. Bear responsibility for establishing and promulgating management rules and procedures of the enterprise regarding betting to ensure transparency, honesty, and compliance with legal regulations in the betting business activities.

3. Establish and promulgate rules on remuneration systems for participation in the Supervisory Council according to Clause 2, Article 8 of this Circular.

Chapter V

IMPLEMENTATION

Article 17. Implementation Organization

[4]

1. This Circular takes effect from December 1, 2017.

2. During the implementation process, if there are difficulties or obstacles, organizations and individuals are advised to report to the Ministry of Finance for consideration and resolution./.

CERTIFIED CONSOLIDATED DOCUMENT DEPUTY MINISTER DEPUTY MINISTER Huynh Quang Hai

ANNEX NO. 01

APPLICATION FOR ISSUE OF CERTIFICATE OF ELIGIBILITY FOR BETTING BUSINESS ON HORSE RACING/DOG RACING/INTERNATIONAL FOOTBALL MATCHES TRIAL

(Annexed to Circular No. 101/2017/TT-BTC dated October 4, 2017 of the Ministry of Finance)

SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
---------------

Respectfully submitted to: Ministry of Finance

Pursuant to Decree No. 06/2017/ND-CP dated January 24, 2017 of the Government on racing betting, greyhound racing betting and international football betting;

Pursuant to Circular No. 101/2017/TT-BTC dated October 4, 2017 of the Ministry of Finance guiding certain provisions of Decree No. 06/2017/NĐ-CP dated January 24, 2017 of the Government on horse racing, dog racing, and international football match trial betting businesses;

We [Name of Enterprise] hereby submit this application requesting the Ministry of Finance to issue a Certificate of Eligibility for Betting Business on Horse Racing/Dog Racing/International Football Matches Trial (hereinafter referred to as the Certificate of Eligibility for Betting Business) as follows:

I. General Information about the Enterprise

1. Enterprise name

- In Vietnamese;

- In foreign language (if applicable).

2. Type of enterprise.

3. Address of headquarters.

4. Industries and trades authorized by competent authorities.

5. Investment Registration Certificate number and date of issuance or investment proposal decision document or Enterprise Registration Certificate number.

6. Registered capital.

7. Legal representative of the enterprise.

8. Contact telephone and email.

II. Content of Application for Issuance of Certificate of Eligibility for Betting Business

Based on the provisions of Decree No. 06/2017/NĐ-CP dated January 24, 2017 of the Government on horse racing, dog racing, and international football match trial betting businesses, we have met all requirements set forth in Article 31 (for horse racing and dog racing betting) and Article 39 (for international football match trial betting), specifically:

1. ...

2. ...

...

Therefore, we request the issuance of a Certificate of Eligibility for Betting Business on Horse Racing/Dog Racing/International Football Match Trial Betting Business with the following contents:

1. Type of betting.

2. Ticket distribution method.

3. Business territory.

4. Location of racecourse (applicable for horse racing and dog racing betting).

5. Proposed duration of business operation.

6. Anticipated business implementation plan.

7. Other requests of the enterprise (if any).

III. COMMITMENT

1. We hereby commit to bear full legal responsibility for the accuracy and honesty of the content in this application and attached documents.

2. If granted the Certificate of Eligibility for Betting Business, we commit to strictly comply with all relevant Vietnamese laws concerning betting business and the provisions of the Certificate of Eligibility for Betting Business.

..., day ... month ... year ... Signature and stamp (Legal representative of the enterprise or authorized person)

Attached documents: The enterprise lists each specific document and file as prescribed in Article 31 of Decree No. 06/2017/NĐ-CP (for horse racing and dog racing betting); Article 39 of Decree No. 06/2017/NĐ-CP (for international football match trial betting).

APPENDIX NO. 02

APPLICATION FOR REISSUE/AMEND/EXTEND THE CERTIFICATE OF ELIGIBILITY FOR BETTING BUSINESS ON HORSE RACING/DOG RACING

(Annexed to Circular No. 101/2017/TT-BTC dated October 4, 2017 of the Ministry of Finance)

SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
---------------

Respectfully submitted to: Ministry of Finance

Pursuant to Decree No. 06/2017/ND-CP dated January 24, 2017 of the Government on racing betting, greyhound racing betting and international football betting;

Pursuant to Circular No. 101/2017/TT-BTC dated October 4, 2017 of the Ministry of Finance guiding certain provisions of Decree No. 06/2017/NĐ-CP dated January 24, 2017 of the Government on horse racing, dog racing, and international football match trial betting businesses;

We [Name of Enterprise] hereby submit this application requesting the Ministry of Finance to reissue/amend/extend the Certificate of Eligibility for Betting Business on Horse Racing/Dog Racing (hereinafter referred to as the Certificate of Eligibility for Betting Business) as follows:

I. General Information about the Enterprise

1. Enterprise name

- In Vietnamese;

- In foreign language (if applicable).

2. Type of enterprise.

3. Address of headquarters.

4. Industries and trades authorized by competent authorities.

5. Investment Registration Certificate number and date of issuance or investment proposal decision document or Enterprise Registration Certificate number.

6. Registered capital.

7. Legal representative of the enterprise.

8. Contact telephone and email.

II. Information on the Previously Issued Certificate of Eligibility for Betting Business

1. Name of enterprise.

2. Investment Registration Certificate number and date of issuance or Enterprise Registration Certificate number.

3. Certificate of Eligibility for Betting Business number and date of issuance.

4. Legal representative of the enterprise.

5. Type of betting.

6. Ticket distribution method.

7. Business territory.

8. Location of racecourse.

9. Duration of business operation.

III. Clearly state the reasons and content of the application for reissuance/amendment/extension of the Certificate of Eligibility for Betting Business on Horse Racing/Dog Racing

IV. Commitment

1. We hereby commit to bear full legal responsibility for the accuracy and honesty of the content in this application and attached documents.

2. If granted reissuance, amendment, or extension of the Certificate of Eligibility for Betting Business, we commit to strictly comply with all relevant Vietnamese laws concerning horse racing/dog racing betting business and the provisions of the Certificate of Eligibility for Betting Business.

..., day...month...year 20... Signature and stamp (Legal representative of the enterprise or authorized person)

Attached documents: The enterprise lists each specific document and file as prescribed in Article 34/Article 35/Article 36 of Decree No. 06/2017/NĐ-CP.

ANNEX NUMBER 03

SAMPLE OF CERTIFICATE OF ELIGIBILITY FOR BETTING BUSINESS ON HORSE RACING/DOG RACING/INTERNATIONAL FOOTBALL MATCHES TRIAL

(Annexed to Circular No. 101/2017/TT-BTC dated October 4, 2017 of the Ministry of Finance)

MINISTRY OF FINANCE CERTIFICATE OF INSURANCE OR OTHER FINANCIAL SECURITY ELIGIBLE FOR BETTING BUSINESS HORSE RACING/DOG RACING/INTERNATIONAL FOOTBALL MATCHES TRIAL Number: .../GCN-DR/DC/IFMT Date: Issuing Authority: Ministry of Finance

MINISTRY OF FINANCE -------- SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness --------------- Number: .../GCN-DR/DC/IFMT Ha Noi, day... month... year 20... THE MINISTER OF FINANCE Reissued time: Date ... month ... year ... (if applicable) Article ...: Date ..., month ..., year ... (if applicable) Pursuant to Decree No. 06/2017/ND-CP dated January 24, 2017 of the Government on racing betting, greyhound racing betting and international football betting; Pursuant to Decree No. 87/2017/NĐ-CP dated July 26, 2017, issued by the Government, stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance; Pursuant to Circular No. 101/2017/TT-BTC dated October 4, 2017 of the Ministry of Finance guiding certain provisions of Decree No. 06/2017/NĐ-CP dated January 24, 2017 of the Government on horse racing, dog racing, and international football match trial betting businesses; Considering the application and dossier for issuing the Certificate of Eligibility to Operate Betting on Horse Racing/Dog Racing/Pilot International Football of [Name of Enterprise] dated ..., month ..., year ... DECISION: Article 1. Issuing the Certificate of Eligibility to Operate Betting on Horse Racing/Dog Racing/Pilot International Football to: 1. Name of enterprise. 2. The business address. 3. Investment Registration Certificate number, date of issuance or investment policy decision document or Business Registration Certificate number. 3. Legal representative of the enterprise. Article 2. [Name of Enterprise] is permitted to operate betting on horse racing/dog racing/pilot international football with the following contents: 1. Type of betting.

2. Ticket distribution method. 3. Business territory. 4. Location of racecourse (applicable for horse racing and dog racing betting). Article 3. Term of Operation [Name of Enterprise] is allowed to organize and operate betting activities for a period of [...] years from the effective date of this Certificate of Eligibility to Operate Betting on Horse Racing/Dog Racing/Pilot International Football. Article 4. Conditions for Operating Betting Activities [Name of Enterprise] must comply with the provisions of Government Decree No. 06/2017/ND-CP dated January 24, 2017 on operating betting on horse racing, dog racing, and international football, Circular No. 101/2017/TT-BTC dated October 4, 2017 of the Ministry of Finance guiding certain provisions of Government Decree No. 06/2017/ND-CP dated January 24, 2017 on operating betting on horse racing, dog racing, and international football, and relevant laws. Article 5. Effectiveness of the Certificate of Eligibility to Operate Betting on Horse Racing/Dog Racing/Pilot International Football 1. The Certificate of Eligibility to Operate Betting on Horse Racing/Dog Racing/Pilot International Football becomes effective from the date of signature. 2. This Certificate of Eligibility to Operate Betting on Horse Racing/Dog Racing/Pilot International Football shall be made in six (06) original copies: one (01) copy issued to [Name of Enterprise]; one (01) copy sent to the People's Committee of the province/city directly under the Central Government where the enterprise registers to operate betting on horse racing/dog racing/international football; one (01) copy sent to the registration authority; three (03) copies kept at the Ministry of Finance. Copy sent to: - Ministry of Public Security; - Ministry of Planning and Investment; - Ministry of Culture, Sports and Tourism. THE MINISTER

ANNEX NO. 04

BUSINESS OPERATIONS REPORT

Reporting Period: 6 months.../Year…

(Annexed to Circular No. 101/2017/TT-BTC dated October 4, 2017 of the Ministry of Finance)

Name of the enterprise:

Number, date of issuance of the Certificate of Eligibility to Operate Betting:

No.	Index	Beginning of period	Implemented during the period	End of period	Compared to the same period last year (%)
I	TOTAL REVENUE
	Where:
	Revenue from betting operations
	...
II	TOTAL EXPENSES
	Where:
	Expenses from betting operations
	...
III	IMPLEMENTATION OF OBLIGATIONS TO THE STATE BUDGET
1	Amounts payable
	Of which amounts payable from betting operations
2	Amounts paid
	Of which amounts paid from betting operations
IV	BUSINESS RESULTS (PROFIT/LOSS)

..., day..., month..., year... Signature and stamp (Legal representative of the enterprise or authorized person)

ANNEX NO. 05

REPORT ON BUSINESS OPERATIONS OF BETTING

Reporting Period: 6 months.../Year…

(Annexed to Circular No. 101/2017/TT-BTC dated October 4, 2017 of the Ministry of Finance)

Name of the enterprise:

Number, date of issuance of the Certificate of Eligibility to Operate Betting:

No.	Index	Beginning of period	Implemented during the period	End of period	Compared to the same period last year (%)
1	2	3	4	5	6
I	Revenue from betting operations
1	Revenue from product A betting
2	Revenue from product B betting
3	.......
II	Expenses from betting operations
1	Prize payout expenses
	1.1. Prize payout for product A betting
	1.2. Prize payout for product B betting
	1.3. .............
2	Commission expenses for sales agents selling betting tickets
3	Fees for the Supervisory Board of the race
4	Benefits protecting economic activities
III	Amounts payable from betting operations
1	Value-added Tax
2	Special consumption tax
3	Corporate Income Tax
IV	Amounts paid from betting operations
1	Value-added Tax
2	Special consumption tax
3	Corporate Income Tax
V	Business results from betting operations (Profit/Loss)

..., day..., month..., year... Signature and stamp (Legal representative of the enterprise or authorized person)

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