Do grocery sales have to pay licensing fees in Vietnam?

Do grocery sales have to pay licensing fees in Vietnam?

In Article 3 of Decree 139/2016/ND-CP, there are provisions on exemption from licensing fees as follows:

The cases of exemption from licensing fees are:

1. The individuals, groups of individual and households that have their trade/production activities with annual revenues of less than 100 million dong.

2. The individuals, groups of individual and households that have their irregular trade/production activities without fixed location as guided by the Ministry of Finance.

3. The individuals, groups of individual and households that produce salt.

4. The organizations, individuals, groups of individual and households that do the aquaculture, fisheries and fishing logistic services.

5. The commune cultural post offices and press agencies (printed, radio, television and online newspapers).

6. The branches, representative offices and business locations of the cooperatives that have direct technical service activities in service of agriculture.

7. The communal people’s credit fund; cooperatives specialized in service business for agricultural production; branches, representative offices and business locations of cooperatives and private enterprises carrying on their business in the mountainous areas which are determined by the regulations of the Committee for Ethnic Minorities.

Thus, according to current regulations in Vietnam, if selling groceries with a turnover of about VND 50 million, they will not have to pay licensing fees.

How much are licensing fees for an individual trading in goods with revenues of about 450 million/year? 

In Clause 2, Article 4 of Decree 139/2016/ND-CP, there are regulations on rate of licensing fees as follows:

2. The rate of licensing fees for the individuals and households having the production and business of goods and services is as follows:

a) The individuals, groups of individuals and households with revenues over 500 million dong/year: 1,000,000 dong/year;

b) The individuals, groups of individuals and households with revenues between 300 and 500 million dong/year: 500,000 dong/year;

c) The individuals, groups of individuals and households with revenues between 100 and 300 million dong/year: 300,000 dong/year;

According to this Article, the licensing fee for individuals trading goods in Vietnam with a revenue of about 450 million VND/year is 500,000 VND/year.

Best Regards!