The Basics Of Import And Export Conditions In Vietnam

Importing and exporting products could be a challenge for businesses in Vietnam. Vietnam Briefing outlines a general step-by-step guide for import and export process in Vietnam. We also have a look at registration, license permit requirements, customs procedures, and duties applied.

Vietnam doesn't require a business to have a separate import or export license to get familiar with import and export activities in the united states.

The most typical entity for investors planning to embark on import and export activities, as well as participate in domestic distribution of items, is placed an investing company. This is an inexpensive establishment option without having minimum capital contribution required.

However, in case an importer want to sell imported products to Vietnamese consumers, they should ask for additional trading license have to be obtained to legalize the process. Generating a trading company takes approximately ninety days while having a trading license will take one-three months.

n practice, firms that wish to import to Vietnam without generating a local legal entity can utilize an importer of record to facilitate the procedure. This course allows foreign businesses that have plenty of time constraints, desire to test the market industry, or only import once or twice to deal with logistical, regulatory, and language barriers.

Certain goods require companies to get permits in the government. Additionally, petroleum oil is banned from exports while goods banned from imports include cigars, tobacco, petroleum oils, newspapers and journals, and aircraft.

Customs procedures

All goods imported or exported in Vietnam are be subject to the Vietnam customs clearance standards, which effectively look at the quality, specifications, quantity, and number of goods. Of these, certain imported merchandise is susceptible to inspection.

As an example, imported pharmaceuticals must undergo testing you need to include documents detailing product use, dosage, and expiration dates (written in Vietnamese), which also needs to be included in or for the the labels.

Customs documents required by Vietnam

Businesses that import or export goods must submit a dossier of documents, which include no less than the company’s business registration certificate and import/export business code registration certificate towards the customs authorities. With respect to the imports or exports involved, authorities may request the next additional documents:

Documents essential for importing goods include:

Bill of lading;

Import goods declaration form;

Import permit (for restricted goods);

Certificate of origin;

Cargo release order;

Commercial invoice;

Customs import declaration form;

Inspection report;

Packing list;

Delivery Order (for goods imported through seaports);

Technical standard/health certificate; and

Terminal handling receipts.

The documents required for exporting goods include:

Electronic Export Customs Declaration (E-Form HQ/2015/XK);

Bill of lading;

Contract;

Certificate of origin;

Commercial invoice;

Customs export declaration form;

Export Permit;

Packing list; and

Technical standard/health certificate.

Export shipments can be completed on the day that while import shipments typically take around one-three days to perform for full container loads (FCL) and fewer than container loads (LCL), respectively.

Optimizing your customs experience

Vietnam’s customs procedures are complex and at the mercy of change with virtually no warning. For up-to-date facts about clearance regulations, processing times, or looking for the priority program, it's advised to refer to with government officials or a professional service firm that may move the business with any cumbersome procedures and legalities.

For more details about customs clearance in vietnam have a look at our new webpage