What is the licensing fee chapter in Vietnam? When is the deadline for licensing fee payment in Vietnam?

What is the chapter for the licensing fee in Vietnam?

Based on Appendix I issued with Circular 324/2016/TT-BTC (amended by Circular 93/2019/TT-BTC), the chapter for licensing fee 2025 is determined as follows:

(1) The chapter is digitized into 03 characters according to each management level:

Simply understood, the chapter for the licensing fee is the code of the enterprise classified according to the tax management agency.

(2) The chapter for licensing fee 2025 is regulated as follows:

Generally, businesses are managed by Tax Sub-departments with chapters for licensing fee from 754 - 759.

What is the licensing fee chapter in Vietnam? (Image from the Internet)

Is the licensing fee declared monthly, quarterly, or annually in Vietnam?

Pursuant to Clause 3, Article 8 of Decree 126/2020/ND-CP which regulates the types of taxes declared monthly, quarterly, annually, on a case-by-case basis of tax obligations, and tax settlement as follows:

Types of taxes declared monthly, quarterly, annually, on a case-by-case basis of tax obligations, and tax settlement

...

3. Types of taxes and other receipts belonging to the state budget declared annually, including:

a) licensing fee fee.

b) Personal income tax for individuals acting as lottery agents, insurance agents, multi-level salespersons who have not yet deducted tax during the year as it was not required, but it is determined at year-end that tax needs to be paid.

...

Thus, the licensing fee is declared annually.

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

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

Deadline for submitting tax receipts for amounts belonging to the state budget from land, fees for water resource exploitation, mineral resources, sea area use, registration fees, licensing fee fees

...

9. licensing fee fee:

a) The deadline for submitting the licensing fee fee is no later than January 30 annually.

b) For small and medium-sized enterprises transitioning from household businesses (including dependent units, business locations of the enterprise) upon conclusion of the exempt licensing fee fee period (the fourth year from the year of establishment), the deadline for submitting the licensing fee fee is as follows:

...

Additionally, pursuant to Article 86 of Circular 80/2021/TT-BTC, the regulations on the deadline for submitting tax declaration files and tax payments are as follows:

Deadline for submitting tax declaration files and tax payments

The deadline for submitting tax declaration files is implemented according to 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. The deadline for tax payment is implemented according to Clauses 1, 2, 3 of Article 55 of the Law on Tax Administration and Article 18 of Decree No. 126/2020/ND-CP. In cases where the deadline for submitting tax declaration files and tax payments coincides with a public holiday, the deadline for submitting tax declaration files and tax payments is the next working day following the holiday, as stipulated in the Civil Code.

Accordingly, the deadline for submitting the licensing fee for the year 2025 falls on January 30, 2025.

However, January 30, 2025, coincides with the Lunar New Year holidays 2025 (the 2nd day of Tet At Ty 2025), therefore the deadline is moved to the next working day, which is February 3, 2025.

Note:

- For small and medium-sized enterprises transitioning from household businesses (including dependent units, business locations of the enterprise) upon conclusion of the exempt licensing fee fee period (the fourth year from the year of establishment), the licensing fee submission deadline is as follows:

+ If the exemption period ends within the first 6 months of the year, the submission deadline is no later than July 30 of the year the exemption period ends.

+ If the exemption period ends within the last 6 months of the year, the submission deadline is no later than January 30 of the year following the year the exemption period ends.

- For household businesses, individual businesses that have ceased operations and then resumed, the deadline for licensing fee submission is as follows:

+ If resuming operations in the first 6 months of the year: No later than July 30 of the year of resumption.

+ If resuming operations in the last 6 months of the year: No later than January 30 of the year following the year of resumption.