View Procedure

Procedure Name

Procedures for applying for export licenses for raw gold business gold mining license in Vietnam

Description

Category	Procedure for licensing of export of gold
Responsible Agency	The State Bank of Vietnam
Legal basis of the Procedure	Decree No. 24/2012/ND-CP dated April 3, 2012 of the Government Circular No. 16/2012/TT-NHNN dated January 25, 2012 of the State Bank
Processing time	30 working days.
Fee

Required documents

No	Type of documents
1	Application for granting gold material export license (Annex 4)
2	Certificate of investment
3	Materials proving that the gold material to be expected for import is exploited overseas by the enterprise.
4	The enterprise's report on gold mining and gold material import in 12 (twelve) latest months before reporting, enclosed with the gold import customs declaration and reconciliation slip (sheet of deduction) certified by the customs office (Annex 9).

Process Steps

Step 1	The enterprise licensed in gold mining having demand to export gold material exploited by itself shall submit directly or by post 1 (one) dossier set of prescribed papers to the State Bank (the Foreign Exchange Management Department).
Step 2	The State Bank (the Foreign Exchange Management Department) shall examine and appraise the dossier.
Step 3	Within 30 (thirty) working days after receiving a complete and valid dossier from the enterprise, the State Bank shall grant or refuse to grant (clearly stating the reasons) the gold material export license.

Category

Procedure

The following form/s are used in this procedure

Title	Description	Created Date	Updated Date	Issued By
APPLICATION FOR GRANTING PERMITS FOR IMPORT / EXPORT OF RAW MATERIAL GOLD ((annex 4 of circular 16/2012/TT-NHNN)	APPLICATION FOR GRANTING PERMITS FOR IMPORT / EXPORT OF RAW MATERIAL GOLD (annex 4 of circular 16/2012/TT-NHNN)	06-06-2016	17-06-2017	The State Bank of Viet Nam
REPORT ON THE EXPLOITATION AND IMPORT / EXPORT BONUS MATERIAL	REPORT ON THE EXPLOITATION AND IMPORT / EXPORT BONUS MATERIAL	06-06-2016	06-06-2016	The State Bank of Viet Nam

This procedure applies to the following measures

Name	Measure Type	Agency	Description	Comments	Legal Document	Validity To	Measure Class
Export of gold material applied to enterprises licensed in gold mining in Vietnam must have permission	Export-related Measures	The State Bank of Viet Nam	Enterprises should be met requirements as per Conditions for granting a gold material export license with respect to enterprise possessing a gold mining license in Vietnam in Article 7 Circular 16/2012/TT-NHNN	Details conditions: Being foreign-invested enterprise lawfully established. 2. Possessing a gold mining license. 3. Having documents proving that the gold material be expected to export is exploited domestically by the enterprise. 4. Not violating the law on management of gold business activities for 12 (twelve) consecutive months before applying for a gold material export license.	Circular No. 16/2012/TT-NHNN Guiding a number of articles of Decree No. 24/2012 / ND-CP dated Apr 3, 2012 of the Government on management of gold trading activities	31-12-9999	Good