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General petroleum retail agent is a strategic business location, providing great opportunities for market expansion and revenue growth. To become a general agent, businesses need to meet the conditions of financial capacity, facilities, and standard distribution system. The following article will analyze in detail the legal regulations, operating conditions and procedures for registering as a general petroleum retail agent according to current regulations.
General petroleum retail agents are traders who act as petroleum trading agents, playing an important role in the distribution system. According to the provisions of Clause 13 and Clause 14, Article 3 of Decree 83/2014/ND-CP, general petroleum agents must not only self-consume gasoline at their own retail stores but also organize an agent system affiliated to sell gasoline to key traders.
To operate as a general agent, businesses need to meet the conditions of legal status, technical facilities and personnel. Specifically, the enterprise must be established in accordance with the law and have a petroleum business registration in the Business Registration Certificate. At the same time, general agents must have storage tanks, transportation vehicles and distribution systems that meet the minimum scale as prescribed.
Compliance with legal regulations is a key factor for an enterprise to be granted a Certificate of eligibility to act as a general agent for petroleum trading. This certificate is valid for 5 years and is an important legal basis for the general agent to operate a business.
Pursuant to Article 16 of Decree 83/2014/ND-CP amending Decree 95/2021/ND-CP, to become a general petroleum retail agent, businesses need to meet the following financial conditions:
According to the provisions of Article 16 of Decree 83/2014/ND-CP amended and supplemented by Decree 95/2021/ND-CP, general petroleum retail agents must meet strict infrastructure conditions business floor. Specifically:
General petroleum retail agents must strictly comply with regulations on fire prevention and fighting and environmental protection. Pursuant to Decree No. 83/2014/ND-CP on fire protection, general agents need to meet the following requirements:
To be granted a Certificate of eligibility to act as a general agent for petroleum trading, businesses need to carry out the following procedures:
Step 1: Prepare complete documents as prescribed in Article 17 of Decree 83/2014/ND-CP amended and supplemented by Decree 95/2021/ND-CP. Include:
Step 2: Submit application
Step 3: The competent authority receives and evaluates the dossier
After being granted the Certificate, businesses need to pay fees and charges according to the regulations of the Ministry of Finance. Complying with the correct procedures and preparing complete documents will help the registration process go smoothly.
At Long Phan, with a team of consultants with many years of experience. We provide operational and business consulting services of general petroleum retail agents as follows:
Consulting services on conditions to become a petroleum general agent help businesses understand the legal and regulatory requirements necessary to operate effectively. Using consulting services will help minimize legal risks, optimize business processes and enhance reputation in the market. For detailed advice on the registration process and operation of a general petroleum retail agency, please contact Long Phan via hotline 0906735386.
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.
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