INTERNATIONAL TRAVEL COMPANY
ESTABLISHMENT CONSULTANCY
Figure 1. Thinh Tri Law – Consulting on setting up an international travel agency
International travel business is a conditional business. International travel services will serve Vietnamese and foreign customers. Particularly, our state currently has a policy to encourage investors to do this business. However, in order to establish an international travel agency, you must meet the conditions and procedures prescribed by law. Thinh Tri Law will provide some information on establishing an international travel agency, you can refer to the article below.
KEY CONTENT SUMMARY
1. Conditions for establishing an international travel agency in accordance with current laws.
2. Application dossier for a establishment license of an international travel agency.
3.Application dossier for a establishment license an international travel business license.
4. Frequently asked questions when consulting business registration of international travel services.
To do business in the field of international travel, enterprises must meet the conditions prescribed by law. Conditions for establishing an international travel agency, including:
- Firstly, enterprises must register business lines suitable to the field of international travel, enterprises can register for the following industries:
- Second, in order to establish an international travel agency, enterprises must ensure that at least 3 tour guides have international tour guide cards, or diplomas and certificates proving that they are international tour guides. .
- Third, capital is the most important establishment condition. Each enterprise setting up an international travel agency needs to secure a margin capital when opening a company. The level of signed capital that enterprises need to meet is 500 million VND. Enterprises must pay this amount to the bank and provide documents verifying the deposit capital to the Department of Planning and Investment for confirmation when registering to establish the company.
- Fourth, international travel companies are allowed to organize foreign tours for Vietnamese customers and domestic tours for foreign customers. However, when conducting a tour for Vietnamese people to travel abroad, the company must buy insurance for visitors.
- Fifth, the owner of an international travel agency, or the director or person who directly runs the business, must have at least a college degree or higher related to international travel, and at the same time must have experience in the field of travel. travel for a minimum of 4 years.
- Sixth, after an international travel company is granted a business license by the Department of Planning and Investment, it is required to apply for a business registration license before it can go into operation.
→ More articles: Things to know before starting a company
- Step 1: Documents prepareation
- Documents in the file include:
- 01 Application for a license to establish a company
- Company charter
- Personal identification papers: ID card/Chip- based citizen card/Passport of the business owner or capital contributors to establish the company.
- List of shareholders and members contributing capital or owning shares in the company
- Step 2: Submit application at Department of Planning & Investment
- Enterprises bring documents to the Business Registration Office at the Department of Planning and Investment.
- Step 3: The Department of Planning and Investment appraises the application and issues a business registration license
- Within 10 working days from the date of receipt of the dossier. In case the application is valid, the Department of Planning and Investment will issue a business license for the business. However, in case the application is not valid, the agency will issue a decision to refuse, this refusal will be in writing and clearly state the reason.
Dossier of application for an international travel business license.
After being granted a business registration license, an enterprise must apply for an international travel business license (sub-license) before it can go into operation.
- Step 1: Document Preparation
- Documents included in the application include:
- Application for an international travel business license
- Notarized copy of business registration certificate, or other documents of equivalent value.
- Specific detailed plans and programs on organizing tourism for international tourists according to the scope of which businesses are allowed to operate
- Documents proving the time of operation of the travel business of the establishment registrant
- Guide card and labor contract of the guides
- Documents proving that the enterprise has escrow capital.
- Step 2: Submit your application at the Vietnam National Administration of Tourism
Enterprises bring documents (as above) to submit at the Vietnam National Administration of Tourism
- Step 3: The Vietnam National Administration of Tourism returns the results of application appraisal
- In case the application is valid, within 10 days from the date of receipt of the application, the Vietnam National Administration of Tourism will verify the application and send the international travel business license to the enterprise.
- If the application is not valid, the enterprise must adjust and supplement at the request of the Vietnam National Administration of Tourism, resubmit it and wait for the results.
→ Read this: 06 notes when setting up a new business from 2021
- Question 1: In what cases can the deposit be withdrawn? How much is the withdrawal amount?
- Making escrow is to secure the obligations of the business to its partners in unpredictable cases such as: Accidents, risks directly related to the health and life of customers participating in tourism need to pay for it, in this case, the business can may request a temporary withdrawal of part or all of the deposit. Applications will be notified of the results within 48 hours.
- Question 2: Does the international travel service business license have a time? In case of loss of license, can the enterprise apply for re-issuance?
- Currently, the international travel service business license has no expiration date. In case the enterprise's license is lost or damaged, the enterprise must submit an application for re-issuance of an international travel service business license (the application is the same as in the article presented). The deadline to return the results is within 5 working days since the date of receiving the dossier.
More articles:
→ Consulting on 3 popular business types currently.
→ Should I set up a private enterprise?
→ Should I set up a JSC or a 2 member limited company?
→ Some notes when converting the type of business.
The above article is useful information to help businesses accurately visualize the conditions, procedures and records when doing business in international travel services. If you have any questions regarding the conditions, documents and procedures for establishing an international travel agency or registering a business related to this field, please contact us:
THINH TRI LAW LIMITED LIABILITY
Hotline: 1800 6365
