Article 10. Criteria, rights and obligations of social enterprise1. social business must meet the following criteria:a) Is a registered company established in accordance with this law;b) objectives aimed at tackling social issues, the environment for the benefit of community;c) use at least 51% of the company's annual profits to reinvest in order to implement social, environmental objectives such as signed.2. in addition to the rights and obligations of the business under the provisions of this law, the social enterprise has the following rights and obligations:a) maintains the aim and conditions specified at point b and point c of paragraph 1 of this article during the operation; active business case want to turn into social business or social business want to abandon the goal of society, the environment, do not use the profit to reinvest the business must inform the competent authority to proceed with the formalities prescribed by law;b) business owners, social enterprises managers considered, facilitate and assist in the licensing, certification and related certificates in accordance with the law;c) mobilization and receive funding under the different forms of individuals, businesses, non-governmental organizations and other institutions of Vietnam and abroad to offset the costs of management and operating expenses of the enterprise;d) must not use the donations raised for other purposes in addition to offset the costs of management and operating costs in order to solve social problems, the environment in which enterprises have registered;e) cases received incentives, support, social business must periodically annually competent authority report on the State of operation of the business.3. the State has a policy of encouraging, supporting and promoting social enterprise.4. Government detailing this.
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