On June 17, 2019, the Ministry of Finance issued Circular 36/2019 / TT-BTC guiding the operation of elective lottery business operations. Accordingly, this Circular takes effect from August 1, 2019.
Pursuant to Article 12 of Decree No. 30/2017 / ND-CP dated March 1, 2007, to act as lottery agents, organizations and individuals must ensure the following conditions:
a) Being a Vietnamese citizen permanently residing in Vietnam, having full civil act capacity; if it is an organization, it must be an economic organization established and operating legally in Vietnam;
b) There is a form of payment security as stipulated in Article 13 of this Decree to secure payment obligations for lottery business enterprises.
In addition, the following organizations and individuals are not allowed to act as elective lottery agents:
a) Officials and employees working at organizations join in operating the self-selected lottery system with the electronic lottery company (if any);
b) Spouse, father, adoptive father, mother, adoptive mother, children, adopted children, siblings, brothers and sisters of the individuals who hold the titles from the deputy heads of the professional sections and departments. or more of organizations participating in operating the self-selected lottery system with the electronic lottery company (if any);
c) Economic organizations have contributed capital of spouses, fathers, adoptive fathers, mothers, foster mothers, children, adopted children, siblings, brothers and sisters of individuals who hold titles. deputy heads of professional departments and sections of organizations participating in operating the self-selected lottery system with the electronic lottery company (if any);
At the same time, the following criteria must be met:
a) Having a stable business location, enough space, facilities and other necessary conditions to install the elective lottery ticket sale system;
There are qualified employees who are proficient in operating the elective lottery ticket system certified or certified by the electronic lottery company;
b) There is a written commitment to fully comply with the regulations of the electronic lottery company when becoming a elective lottery agent.
In summary, Circular 36/2019/TT-BTC of the Ministry of Finance will be a tight legal framework for individuals and organizations that intend to operate in this field to better understand the industries and things. lawsuits for business, ensuring compliance with the law and having the opportunity to seek profits in the future will grow more.