
Sign up for consultation
Open a lottery agency is a potential business activity in the field of lottery distribution in Vietnam. The lottery agent system plays an important role in connecting lottery companies with consumers. The following article by Long Phan will provide details of the necessary conditions, procedures and processes for customers to successfully establish a lottery agent.
Lottery ticket agents are direct distribution channels from lottery companies to buyers, organized at many levels to ensure business efficiency and manage a large number of tickets daily. Agent levels include:
According to Article 16 of Circular 75/2013/TT-BTC, to open a lottery agent, an individual or organization needs to meet the following conditions:
In case an individual opens a lottery agency
Individuals who sell lottery tickets on a small scale, do not employ workers, and have low incomes belong to the group of “individuals engaged in commercial activities” and do not need to register their business (according to Point đ, Clause 1, Article 3 of Decree 39/2007/ND-CP).
In case of opening a lottery agency under the individual business household model:
Documents needed to prepare:
In case of opening a lottery agency in the form of establishing a company:
To open a lottery agency in the form of a company, the appropriate type of business is a one-member LLC with 100% state capital. Processes and documents need to comply with the provisions of the Law on Enterprise 2020.
Documents needed to prepare include:
1. In case of opening a lottery agency under the model of individual business households
Step 1: Submit application
Submit the application at the one-stop department at the Economic Department under the People’s Committee of the district where the business location is located.
Step 2: Receive applications and issue lottery agent business license
2. In case of opening a lottery agent in the form of establishing a company
Step 1: Submit business registration application
Step 2: Engrave the seal and publish business information
After being granted a business registration certificate, the company needs to engrave its seal and publish information on the National Business Registration Portal.
Step 3. Register lottery agent business
Lottery ticket agent business code is 9200: Lottery, betting and gambling activities (lottery ticket agents belong to lottery activities).
Step 4: Sign an agency contract with the lottery company
Contact the local or regional lottery company to sign an agent contract. Profile includes:
Step 5. Complete tax procedures
Long Phan is proud to be a unit specializing in providing comprehensive consulting services to customers in the process of opening lottery agents with the most professional and effective solutions.
Specifically, Long Phan’s consulting and support services include:
Opening a lottery agency is a potential business option, but to do it successfully, you need to ensure compliance with regulations as well as complete all necessary procedures. For detailed advice and support, please contact Long Phan via hotline 0906735386. Our team will always accompany you in every process and help you start your business journey and develop a successful lottery agency.
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.