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Friday, February 10, 2012




Vietnam Briefing is a magazine and daily news service about doing business in Vietnam. We cover topics relating to the Vietnamese economy, the market in Vietnam, foreign direct investment and Vietnamese law and tax. It is written in-house by the foreign investment professionals at Dezan Shira & Associates



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Vietnamese Regulations on Certificates of Free Sale

Aug. 10 – Beginning May 1, businesses are required to provide Certificates of Free Sale (CFS) issued by exporting countries or territories that verify a product is manufactured and freely sold in the country where it is manufactured.

The CFS requirement will affect traders, state management agencies, manufacturers, organizations and individuals in Vietnam. A CFS is good for two years from the date of issue and must contain the following details:

  • Name of the CFS issuing agency
  • Reference number
  • Date of issuance
  • Name of the certified product or goods
  • Type or group of the certified product or goods
  • Name and address of the manufacturer
  • Statement that the product or good is manufactured and freely sold on the market of the country of manufacture
  • Full name, signature and title of the CFS-issuing person and seal of the CFS issuer

Individuals and companies applying for a CFS must complete the following:

  • Register a trader dossier with the CFS issuer
  • Submit a CFS application dossier to the CFS issuer
  • Prove that the exports satisfy CFS issuance requirements
  • Take responsibility before law for the accuracy and truthfulness of declarations related to the CFS application
  • Errors in a CFS due to a trader’s fault must notify the CFS issuer for issuance of a new CFS

For help in processing CFS requirements in Vietnam, e-mail Dezan Shira & Associates at vietnam@dezshira.com.

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Dezan Shira & Associates provide a range of services for companies looking to undertake foreign direct investment into Asia, These include corporate establishment, accounting, tax, payroll, audit and due diligence. To learn more about the firm, please contact one of our specialists at vietnam@dezshira.com, download our corporate brochure or visit at us www.dezshira.com


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