What are the rates for licensing fee in Vietnam in 2025? When is the deadline for licensing fee payment in Vietnam in 2025?

What are the rates for licensing fee 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 rates for the licensing fee in 2025 are stipulated as follows:

(1) licensing fee rates for organizations engaged in production and trading of goods and services are 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 of 10 billion VND or less: 2,000,000 VND/year;

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

The licensing fee rates for organizations with charter capital or investment capital over 10 billion VND and organizations with capital of 10 billion VND or less are based on the charter capital recorded in their business registration certificate or the investment capital recorded in the investment registration certificate, if no charter capital exists.

(2) licensing fee rates for individuals and households engaged in production, trading of goods, and services are as follows:

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

- Individuals, groups of individuals, households with an annual revenue between 300 to 500 million VND: 500,000 VND/year;

- Individuals, groups of individuals, households with an annual revenue between 100 to 300 million VND: 300,000 VND/year.

- Revenue for determining licensing fee rates for individuals, groups, and households is guided by the Ministry of Finance.

Small and medium enterprises transitioning from household businesses (including branches, representative offices, and business locations) at the end of the exemption period (the fourth year from the year of establishment): If ended in the first 6 months, pay the full fee for the year; if ended in the last 6 months, pay 50% of the annual fee.

Households, individuals, and groups of individuals in production, business that have dissolved but resumed such activities within the first 6 months pay the full annual fee, and within the last 6 months pay 50% of the annual fee.

Note:

- For organizations with charter capital or investment capital over 10 billion VND and those with 10 billion VND or less undergoing changes in capital, the basis for fee determination is the capital recorded in the previous year.

If the capital is recorded in foreign currency, it should be converted into VND based on the purchasing exchange rate of the commercial bank or financial institution where the licensing fee is paid at the time of fee submission into the state budget.

- Fee payers actively operating may send documents to their direct tax authorities regarding temporary suspension for non-payment during the suspension year, provided the request is submitted before the payment deadline (January 30 each year) and the fee has not been paid for the requested year.

If the suspension conditions are not met, the full annual fee must be paid.

What are the rates for licensing fee in Vietnam in 2025? (Image from Internet)

When is the deadline for licensing fee payment in Vietnam in 2025?

According to Clause 9, Article 18 of Decree 126/2020/ND-CP, the deadline for the licensing fee payment in 2025 is defined as follows:

Payment deadlines for taxes related to state budget revenues from land, water resource exploitation rights, mineral resources, usage of sea areas, registration fees, and licensing fees

...

9. licensing fee:

a) The deadline for paying the licensing fee is no later than January 30 each year.

b) For small and medium enterprises transitioning from household businesses (including dependent units and business locations) when the exemption period ends (the fourth year from establishment), the payment deadline is as follows:

...

Additionally, according to Article 86 of Circular 80/2021/TT-BTC, the timeline for tax declaration and payment is stipulated as follows:

Tax declaration and payment deadlines

Tax declaration deadlines are as prescribed in Clauses 1, 2, 3, 4, 5 of Article 44 of the Law on Tax Administration and Article 10 of Decree No. 126/2020/ND-CP. Payment deadlines are as prescribed in Clauses 1, 2, 3 of Article 55 of the Law on Tax Administration and Article 18 of Decree No. 126/2020/ND-CP. If deadlines fall on holidays, they are extended to the next working day per the Civil Code.

Thus, the payment deadline for the licensing fee in 2025 falls on January 30, 2025. However, since January 30, 2025 coincides with the 2025 Lunar New Year holiday (2nd Day of the Lunar New Year 2025), the deadline is extended to the subsequent working day, February 3, 2025.

Note:

- For small and medium enterprises transitioning from household businesses (including dependent units and business locations) at the end of the exemption period, the payment deadlines are as follows:

+ If the exemption ends in the first 6 months, the latest payment deadline is July 30 of the end year.

+ If the exemption ends in the last 6 months, the latest payment deadline is January 30 of the subsequent year.

- For households or individuals that cease production and business activities but resume, the deadlines are as follows:

+ Re-commencing in the first 6 months: No later than July 30 of the reactivation year.

+ Re-commencing in the last 6 months: No later than January 30 of the subsequent year.

What goods and services 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), exemptions from the licensing fee in 2025 include:

- Individuals, groups of individuals, and households engaged in production and business with annual revenue of 100 million VND or less.

- Individuals, groups of individuals, and households engaged in irregular production or business; without a fixed location as guided by the Ministry of Finance.

- Individuals, groups of individuals, and households producing salt.

- Organizations, individuals, groups of individuals, households engaged in aquaculture, fishing, and fishery support services.

- Rural postal service points; press agencies (printed newspapers, radio, television, electronic newspapers).

- Cooperatives, cooperative unions (including branches, representative offices, and business locations) operating in agriculture as per agricultural cooperative laws.

- People's credit funds; branches, representative offices, business locations of cooperatives, cooperative unions, and private businesses operating in mountainous areas determined by the Committee for Ethnic Minority Affairs.

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

+ Newly established organizations (granted new tax codes, new enterprise codes).

+ Households, individuals, groups of individuals commencing production, and business for the first time.

+ During the exemption period, if organizations, households, individuals, or groups establish branches, representative offices, business locations, they are also exempt during the same period.

- Small and medium enterprises transitioning from household businesses are exempt for 3 years from the first issuance date of the enterprise registration certificate.

+ During the exemption period, if small and medium enterprises establish branches, representative offices, business locations, these are also exempt as long as the SME is exempt.

+ Pre-Decree establishments entitled under Article 16 Law on Support for Small and Medium Enterprises 2017 retain their exemption period post-effective date.

+ SMEs transitioning from household businesses pre-Decree enactment follow Article 16 and Article 35 Law on Support for Small and Medium Enterprises 2017.

- Public primary education institutions and public preschools.