Law on Cooperatives No. 17/2023/QH15 dated June 20, 2023

Law on Cooperatives No. 17/2023/QH15 dated June 20, 2023

A translation from  Vietnamese into English of the Law on Cooperatives No. 17/2023/QH15 dated June 20, 2023. Effective date: July 1, 2024. Expiry date: Not yet determined. Effective status: Still in effect.

LAW

ON COOPERATIVES

Pursuant to the Constitution of the Socialist Republic of Vietnam;

The National Assembly promulgates the Law on Cooperatives.

Chapter I

GENERAL PROVISIONS

Article 1. Scope of regulation

This Law regulates the establishment, management organization, reorganization, dissolution, bankruptcy and related activities of cooperative groups, cooperatives, unions of cooperatives; State policies on developing cooperative groups, cooperatives, unions of cooperatives.

Article 2. Subjects of application

1. Cooperative groups, cooperatives, unions of cooperatives.

2. Members of cooperative groups, cooperatives, unions of cooperatives.

3. Agencies, organizations and individuals related to the establishment, management organization, reorganization, dissolution, bankruptcy and related activities of cooperative groups, cooperatives, unions of cooperatives.

Chapter XII

IMPLEMENTATIONPROVISIONS

Article 114. Implementation provisions

1. This Law takes effect from July 1, 2024, except for the provisions in Clause 2 of this Article.

2. The provisions in Clauses 3 and 4, Article 115 of this Law take effect from September 1, 2023.

3. The Law on Cooperatives No. 23/2012/QH13 ceases to be effective from the date this Law takes effect, except for the provisions in Clause 5, Article 115 of this Law.

4. During the time the National Population Database has not yet connected to the database on registration of cooperative groups, cooperatives, and unions of cooperatives, individuals who are Vietnamese citizens may use copies of legal documents to replace personal identification numbers when carrying out administrative procedures according to the provisions of this Law.

This Law was passed by the 15th National Assembly of the Socialist Republic of Vietnam, 5th Session on June 20, 2023.

Related writings:

English translation of Vietnamese legal normative documents

The system of legal normative documents of Vietnam

Vietnamese legal normative documents translated into English

A piece of writing on how to make payment for chargeable consulting service fees (remuneration): 

An English translation of the Law on Cooperatives No. 17/2023/QH15 dated June 20, 2023

This piece of writing in Vietnamese

Related documents:

Decree No. 107/2017/ND-CP dated September 15, 2017

Circular No. 07/2019/TT-BKHĐT dated April 8, 2019

Contact:

Phone: 0989 157 682

Email: dmslawfirm@gmail.com

DMS LAW LLC

Director

(Signed)

Lawyer Do Minh Son


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