Do Enterprises Exempt from License Tax Need to File a Declaration?

Clause 3, Article 1, Decree 22/2020/ND-CP stipulates the one-time declaration of the license fee when the fee payer begins a new production, business operation, or establishment as follows:

- Fee payers who begin new production, business operations, or new establishments; small and medium enterprises transitioning from household businesses must declare the license fee and submit the declaration form to the direct tax authority before January 30 of the following year after starting new production, business operations, or establishing a new entity.

- Households, individuals, and groups of individuals paying tax under the presumptive method are not required to declare the license fee. The tax authority shall base on the tax declaration and tax sector database to determine the business revenue as a basis for calculating the license fee to be paid by households, individuals, and groups of individuals paying tax under the presumptive method.

According to this provision, newly established companies shall declare the license fee and submit the declaration form to the direct tax authority before January 30 of the following year after the new establishment.

Therefore, your newly established company is subject to license fee exemption but still must proceed with the license fee declaration and submit the declaration form to the direct tax authority before January 30 of the following year after the new establishment.

Sincerely!