
Sign up for consultation
Code of pawnshop service business regulated in Decision 27/2018/QD-TTg, under industry code 6492 – Other credit provision activities. Pawnshop service business is a conditional business, requiring strict compliance with legal regulations related to security, order and fire prevention. The following article will provide detailed instructions on the conditions, registration procedures and notes when registering for the pawn service industry code.
Business establishments need to meet the following requirements:
Pursuant to Article 7 of Decree 96/2016/ND-CP, pawnshop service business needs to meet the following general conditions:
Registered, licensed or established in accordance with Vietnamese law.
The person responsible for security and order of the pawnshop service establishment must not fall into one of the following cases:
For Vietnamese residing abroad holding foreign passports and foreigners: Not yet granted a residence permit by a competent Vietnamese agency.
Meets all conditions for fire prevention and fighting safety according to the provisions of law on fire prevention and fighting.
According to the provisions of Article 9 of Decree 96/2016/ND-CP amended by Clause 1, Article 1 of Decree 56/2023/ND-CP during the 5 years immediately preceding the time of business registration, the person responsible responsible for security and order of pawnshop service establishments that are not administratively sanctioned by the authorities for one of the following acts:
Code of pawnshop service business
According to Decision 27/2018/QD-TTg, the pawnshop service business code is classified in group 6492 – Other credit provision activities. This industry code includes:
Enterprises need to pay attention to registering the correct industry code in their business registration documents to ensure compatibility with actual operations.
Instructions for looking up and registering industry codes
Looking up the pawn service industry code is done as follows:
Regarding registration of pawnshop service business code, you can refer to the following article: How to look up and register business industry codes
Ensure compliance with legal regulations
Pawnshop service business is a sensitive industry, requiring business establishments to strictly comply with legal regulations. Violations may result in administrative penalties or revocation of business licenses.
Pay attention to the mortgage process
Control financial activities
Pawnshop services involve credit activities, so it is necessary to be transparent about interest rates, loan terms and related fees. Ensure loans do not exceed the maximum interest rate as prescribed in the Civil Code 2015.
These notes help businesses limit legal risks and improve reputation in operations.
Long Phan provides comprehensive support services in business registration and pawnshop service industry code lookup, helping customers complete procedures quickly and in accordance with regulations.
Long Phan’s services:
Long Phan always accompanies customers, providing effective and professional solutions in the field of pawnshop service business. If you need advice and support in registering a pawnshop service business code, please contact Long Phan immediately via the hotline 0906735386. Our team of experienced specialists will help customers complete procedures quickly and effectively.
Note: The content of the articles published on the website of Long Phan Investment Consulting Company is for reference only regarding the application of legal policies. Depending on the time, subject, and amendments, supplements, and replacements of legal policies and legal documents, the consulting content may no longer be appropriate for the situation you are facing or need legal advice on. In case you need specific and in-depth advice according to each case or incident, please contact us through the methods below. With our enthusiasm and dedication, we believe that Long Phan will be a reliable solution provider for our clients.
Leave your email to receive the latest information from us
CONTACT: 0906 735 386
Copyright 2024 © Tư vấn Đầu tư Long Phan. All rights reserved.