When a company engages in the importation of tobacco or alcoholic products with below circumstances, it is required to apply for approval:
- Set up a new company;
- An existed company enters into this business; or
- Change its representative
Requirements
The type of the entity must be “a company”. In other words, a branch, a partnership, or a representative office is not acceptable.
Procedures
| NO | Procedure | Authority | Time |
|---|---|---|---|
| 1 | Reserve the company name with new business scope | Ministry of Economic Affairs | 1~3 days |
| 2 | Apply for the permit of entering the business | National Treasury Administration, Ministry of Finance | 1~2 weeks |
| 3 | Change the company registration | Ministry of Economic Affairs | 1 week |
| 4 | Apply for the business license | National Treasury Administration, Ministry of Finance | 1~2 weeks |