Franchise registering.
Dossier for franchise registration should include:
- Franchise registration proposal
- Franchise introduction (according to sample)
- Documents confirming:
+ Legal capacity of perspective franchisee
+ Industrial property right protection certificate in Vietnam or oversea nations if there is a tranfer of industrial property objects to which a protection certificate is issued.
Franchise registration procedure
Perspective fanchisor is responsible for registering franchise according to following procedure:
- Filing franchise registration application to competent body.
- The above – mentioned body, in 05 working days since receiving full and valid dossier, carries out franchise registration in franchise Register and gives notice in writing to such applicant about registration.
- If the documents are incomplete or not valid, the competent authority, in 02 working days since receiving dossier, must give notice in writing to perspective franchisor so that he/she makes amendment or supplement on filed documents
- The above time limitations exclude period for franchisor to amend the frichise registration documents
- When the time limitations are expired and the competent body rejects the registration, it has to give franchisor a notice in which express clearly reasons for rejecting.