Vietnam: How many licensing fee levels are there in 2025?

Vietnam: How many licensing fee levels are there in 2025?

Pursuant to Clauses 1 and 2, Article 4 of Decree 139/2016/ND-CP (supplemented by point a, clause 2, Article 1 of Decree 22/2020/ND-CP), specific regulations on business license fees are as follows:

Business License Fee Rates

1. Business license fee rates for organizations engaged in the production and trading of goods and services are as follows:

a) Organizations with charter capital or investment capital over 10 billion VND: 3,000,000 VND/year;

b) Organizations with charter capital or investment capital up to 10 billion VND: 2,000,000 VND/year;

c) Branches, representative offices, business locations, public service providers, other economic organizations: 1,000,000 VND/year.

The business license fee rate for organizations specified at points a and b of this clause is based on the charter capital recorded in the business registration certificate; in cases where there is no charter capital, it is based on the investment capital recorded in the investment registration certificate.

2. Business license fee rates for individuals, households engaged in the production and trading of goods and services are as follows:

a) Individuals, groups of individuals, households with revenue over 500 million VND/year: 1,000,000 VND/year;

b) Individuals, groups of individuals, households with revenue from 300 to 500 million VND/year: 500,000 VND/year;

c) Individuals, groups of individuals, households with revenue from 100 to 300 million VND/year: 300,000 VND/year.

d) Revenue as a basis for determining the business license fee for individuals, groups of individuals, households is guided by the Ministry of Finance.”

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Thus, according to the above regulations, the licensing fee levels in 2025 are divided into 3 specific levels as follows:

Vietnam: How many licensing fee levels are there in 2025? (Image from the Internet)

What is the licensing fee rate in Vietnam in 2025?

According to Article 4 of Decree 139/2016/ND-CP (amended and supplemented by clause 2, Article 1 of Decree 22/2020/ND-CP), the licensing fee rate in 2025 is stipulated as follows:

The licensing fee rate for organizations engaged in the production and trading of goods and services is as follows:

+ Organizations with charter capital or investment capital over 10 billion VND: 3,000,000 VND/year;

+ Organizations with charter capital or investment capital up to 10 billion VND: 2,000,000 VND/year;

+ Branches, representative offices, business locations, public service providers, other economic organizations: 1,000,000 VND/year.

The business license fee rate for organizations with charter capital or investment capital over 10 billion VND and organizations with charter capital or investment capital up to 10 billion VND is based on the charter capital recorded in the business registration certificate; if there is no charter capital, it is based on the investment capital recorded in the investment registration certificate.

The licensing fee rate for individuals, households engaged in the production and trading of goods and services is as follows:

+ Individuals, groups of individuals, households with revenue over 500 million VND/year: 1,000,000 VND/year;

+ Individuals, groups of individuals, households with revenue from 300 to 500 million VND/year: 500,000 VND/year;

+ Individuals, groups of individuals, households with revenue from 100 to 300 million VND/year: 300,000 VND/year.

+ Revenue as a basis for determining the business license fee for individuals, groups of individuals, households is guided by the Ministry of Finance.

Small and medium enterprises converted from business households (including branches, representative offices, business locations) after the exemption period for business license fees (the fourth year from the establishment of the enterprise) shall pay the entire annual business license fee if it concludes within the first 6 months of the year or 50% of the annual business license fee if it concludes within the last 6 months of the year.

Households, individuals, groups of individuals that have dissolved but resume production and business activities within the first 6 months of the year shall pay the entire annual business license fee, and within the last 6 months of the year shall pay 50% of the annual business license fee.

Note:

- For organizations with charter capital or investment capital over 10 billion VND and organizations with charter capital or investment capital up to 10 billion VND, if there is a change in charter capital or investment capital, the basis for determining the business license fee is the charter capital or investment capital of the year immediately preceding the year in which the business license fee is calculated.

In cases where the charter capital or investment capital is recorded in a foreign currency in the business registration certificate or investment registration certificate, it must be converted to VND to serve as the basis for determining the business license fee according to the buying exchange rate of the commercial bank or credit institution where the business license fee payer opens an account at the time the business license fee payer pays money into the state budget.

- Persons liable for the business license fee who are currently operating may submit a written notice to the directly managing tax authority regarding the temporary cessation of production and business activities in a calendar year without having to pay business license fees for that year, provided the notice is submitted before the deadline for fee submission (January 30 annually) and provided that the business license fee for the year in which business cessation is requested has not yet been paid.

If the temporary cessation of production and business activities does not meet the above conditions, the entire annual business license fee must be paid.

Which cases are exempt from licensing fee in Vietnam in 2025?

According to Article 3 of Decree 139/2016/ND-CP (supplemented by clause 1, Article 1 of Decree 22/2020/ND-CP), the cases exempt from licensing fee in 2025 include:

- Individuals, groups of individuals, households engaged in production and business activities with annual revenue not exceeding 100 million VND.

- Individuals, groups of individuals, households engaged in non-regular production and business activities; not having a fixed location as instructed by the Ministry of Finance.

- Individuals, groups of individuals, households engaged in salt production.

- Organizations, individuals, groups of individuals, households engaged in aquaculture, seafood fishing, and fishing logistics services.

- Postal service points in cultural communes; press agencies (printed press, spoken press, visual press, electronic press).

- Cooperatives, cooperative unions (including their branches, representative offices, business locations) engaged in agricultural activities under the law concerning agricultural cooperatives.

- People's credit funds; branches, representative offices, business locations of cooperatives, cooperative unions, and private enterprises operating in mountainous areas. The mountainous areas are determined according to the regulation of the Ethnic Committee.

- Exemption from licensing fee in the first year of establishment or commencement of production and business activities (from January 1 to December 31) for:

+ Newly established organizations (having been granted a new tax code, new enterprise code).

+ Households, individuals, groups of individuals newly engaged in production and business activities.

+ During the business license fee exemption period, if organizations, households, individuals, groups of individuals establish branches, representative offices, business locations, such branches, representative offices, business locations are exempt from licensing fee during the same period the organization, household, individual, group of individuals is exempt.

- Small and medium enterprises converted from business households are exempt from licensing fee for a period of three years from the date of being issued the initial enterprise registration certificate.

+ During the licensing fee exemption period, if small and medium enterprises establish branches, representative offices, business locations, such branches, representative offices, business locations will be exempt from licensing fee during the period the small and medium enterprise is exempt.

+ Branches, representative offices, business locations of small and medium enterprises (subject to licensing fee exemption under the provisions of Article 16 of the Law on Supporting Small and Medium Enterprises 2017) established before this Decree comes into force, exemption from business license fee for branches, representative offices, business locations will be calculated from the effective date of this Decree until the end of the period small and medium enterprises are exempt from licensing fee.

+ Small and medium enterprises transitioning from business households before this Decree's effective date shall implement the licensing fee exemption in accordance with Article 16 and Article 35 of the Law on Supporting Small and Medium Enterprises 2017.

- Public primary education institutions and public preschool education institutions.