Headlines 21/09/2022 16:39 CH

New regulations of Vietnam on the criteria for issuance of Licenses to provide aviation services at airports

Xuân Dũng

This is the content prescribed in Decree No. 64/2022/ND-CP on amendments to Decrees related to business activities in civil aviation.

According to Decree No. 64/2022/ND-CP, the criteria for issuance of Licenses to provide aviation services at airports are as follows:

- Satisfying the criteria prescribed in Point b, d Clause 2 Article 65 of the Law on Vietnam Civil Aviation and being appraised and assessed by the Civil Aviation Authority of Vietnam according to the corresponding service sub-sector prescribed in Clause 1 Article 15 of Decree No. 92/2016/ND-CP.

- Having a minimum capital for establishing and maintaining aviation service providers at airports;

(1) Providing passenger terminal utilization services: 30 billion VND;

(2) Providing terminal utilization and warehouse services: 30 billion VND;

(3) Providing aviation petroleum services: 30 billion VND.

(According to Decree No. 64/2022/ND-CP, airport enterprises providing terminal utilization services; terminal utilization, and warehouse services do not have to satisfy criteria (1) and (2) mentioned above).

- Regarding providers of terminal utilization services, terminal utilization and warehouse services, aviation petroleum services, commercial-technical ground services, and airport utilization services, the capital contribution percentage of foreign individuals and organizations shall not exceed 30% of the charter capital of such providers.

Decree No. 64/2022/ND-CP comes into force as of September 15, 2022.

 >> CLICK HERE TO READ THE ARTICLE IN VIETNAMES

Above are the summary and notification of new documents for customers of THU VIEN PHAP LUAT. For more information, please send an email to info@thuvienphapluat.vn.

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