An international transaction is strongly developing day by day, the demand to travel for business is enhanced rapidly. One of the ways to make business travel easier and more convenient is the APEC business travel card - ABTC. However, not all businessmen can make their own APEC business travel cards. Therefore, Apolo Lawyers (Tel: (028) 66.701.709) offers our clients the legal service for the APEC business travel card (ABTC).

If you are looking for information about the APEC business travel card (ABTC) or the legal service for the APEC business travel card (ABTC), this article is a good option for you.

1. What is the APEC business travel card?

First of all, APEC, Asia–Pacific Economic Cooperation, is the leading cooperation mechanism in the Asia-Pacific to promote trade and investment liberalization, economic growth, and shared prosperity in the region. Nowadays, there are 21 countries that are members of the APEC. These countries are the USA, Canada, Australia, New Zealand, Papua New Guinea, China, Hong Kong, Taiwan, Japan, Korea, Singapore, Indonesia, Malaysia, Philippines, Thailand, Brunei, Vietnam, Russia, Mexico, Chile, and Peru.  

APEC business travel card (ABTC) is a special type of card that the authorities of countries and territories grant to businessmen for convenient travel, stay for purpose of commercial business, and performing services.

2. The advantages of ABTC

A businessman who has ABTC, when entering and exiting the countries and territories listed on the card, you do not need a 5-year visa (Visa exemption), do not have to go through the procedures for registration of residence, and can enter and exit many times, each time is 60 - 90 days for those countries and territories. Besides that, businessmen with ABTC are given priority for administrative procedures in public places such as airport procedures, customs,…

3. The conditions for being granted ABTC

Not every businessman will be granted an APEC business travel card, but that businessman must meet some specific conditions as follows:

3.1. The conditions for businesses

• Businesses with minimum production and business turnover of 10 billion Vietnam dong or total import-export turnover of at least 10 billion Vietnam dong in the lastest year;
• The business does not dept tax;
• Enterprises that have business, trade, investment, and service cooperation activities with partners in member economies participating in ABTC cards, expressed through transaction contracts.

3.2. The conditions for positions of businessmen

Businessmen who are granted ABTC include people holding positions such as: Owner of a private enterprise, Chairman of the Board of Members, member of the Board of Members, Chairman of the Board of Directors, member of the Board of Directors, General Director or Director of the company, Chief Accountant, Head of Department.

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3.3. The conditions for businessmen of businesses

• Hold an ordinary passport with a validity of at least 3 years from the date of submission of the application for approval to use the ABTC card.
• Currently working at enterprises specified in Article 2 of this Regulation that has business, trade, investment, and service cooperation activities with partners in member economies participating in ABTC cards.
• Working at enterprises is represented by labor contracts, decisions on the appointment of positions, and participation in social insurance contributions as prescribed by law.
• Being a person who is full 18 years old and has not been restricted or lost his civil act capacity.
• Being an owner, a capital contributor, or working under a labor contract (with a signed labor contract of the indefinite term) having worked at the enterprise before applying for an ABTC card for at least 12 months.
• There is a regular demand for short-term trips to ABTC member economies to sign and implement business commitments in the APEC region.

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4. Legal service for the APEC business travel card

We are Apolo Lawyers, a law firm of Ho Chi Minh City Bar Association. With the principle of operation “to help, to protect”, we are committed to providing our clients the most optimal legal consultation service on the wide fields, especially in the APEC business travel card. When our clients use legal consultation service at Apolo Lawyers, you will take quality and professional service from Solicitors who are high – professional and experienced. Choosing legal consultation service on the procedure for registration of foreign loans, Apolo Lawyers will help you with no limited but specified following tasks:

• The new issue of ABTC card;
• Renewal of ABTC card is about to expire;
• Issue and exchange ABTC due to lost, broken, or damaged;
• Renewal of ABTC due to change of passport;
• Issuing and changing ABTC due to insufficient countries.​

For further information, please contact us: Apolo Lawyers

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