What are the notable provisions of the Law on Electronic Transactions ? Let’s follow MISA MeInvoice to follow the latest updates on the Law on Electronic Transactions in this article.
Table of Contents Hide
I. What is the law on electronic transactions?
II. Important provisions of the latest electronic transaction law documents
1. Law on Electronic Transactions 2005 (51/2005/QH11)
2. Decree 130/2018/ND-CP guiding Law 51/2005/QH11 on electronic transactions, digital signatures and digital signature authentication.
3. Decree 165/2018/ND-CP on electronic transactions in financial activities
Conclusion
What is the law on electronic transactions?
The Law on Electronic Transactions 2005 is a law enacted to guide businesses, organizations and individuals in conducting electronic transactions in accordance with the provisions of law and to ensure the rights of the participating parties.
To date, the National Assembly has issued four legal documents on electronic transactions, of which the first three contain important information for businesses. Below are the documents that have been issued:
Law 51/2005/QH11 on electronic transactions .
Decree 130/2018/ND-CP guiding Law 51/2005/QH11 on electronic transactions, digital signatures
II. Important provisions of the latest belgium telegram data electronic transaction law documents
Reading all of the above documents to understand the legality of electronic contracts in transactions will take a lot of time, not to mention that these legal documents are regularly amended and
supplemented Businesses only need to grasp
the following laws to know digital marketing updates: august 2022 what they need to pay attention to.
1. Law on Electronic Transactions 2005 (51/2005/QH11)
Electronic Transactions Law 2005
1.1. Concept asb directory of electronic contract
According to Article 33 of Document 51/2005/QH11: “An electronic contract is a contract established in the form of a data message in accordance with the provisions of this Law.”
1.2. Legal value of electronic contracts
According to Article 34 of document 51/2005/QH11: “The legal value of an electronic contract cannot be denied simply because the contract is expressed in the form of a data message.”
1.3. Principles of electronic contract conclusion
According to Article 35 of document 51/2005/QH11
– The parties have the right to agree to use electronic means in concluding and performing the contract;
– The conclusion and performance of electronic contracts must comply with the provisions of this Law and the law on contracts;
– When concluding and executing an electronic contract, the parties have the right to agree on technical requirements, authentication, and conditions to ensure the integrity and confidentiality related to that electronic contract.
1.4. Legal value of notice in concluding and performing electronic contracts
According to Article 38 of document 51/2005/QH11:
– In concluding and performing electronic contracts, notifications in the form of data messages have
the same legal value as notifications by traditional methods.
If you still want to learn more about this legal document, businesses can download the PDF file in the following table:
Specific details of the 2005 electronic transaction law
Number of symbols 51/2005/QH11
Text content Law on Electronic Transactions 2005
Date of issue November 29, 2005
Effective Date March 1, 2006
Form Legal documents
Issuing agency National Assembly
