What are instructions for paying 2024 licensing tax online on the e-tax website in Vietnam?

What are instructions for paying 2024 licensing tax online on the e-tax website in Vietnam?

Here is the simplest way to pay 2024 license tax online on the electronic tax website:

Step 1 : Access the e-Tax website via the following link: https://thuedientu.gdt.gov.vn/

Step 2 : Select Business on the right side of the screen

Step 3 : Log in with your business account

Step 4 : Select Pay taxes

Step 5 : Select the bank to pay then select Temporary payment

Step 6 : Fill in the license tax payment information form

- Select currency as VND

- Treasury information:

+ Transfer to State Treasury: The system will automatically select this item

+ Open at a commercial collection agent: Choose any bank but should choose the same banking system as the business bank opening the account

- Tax type: Select “Domestic Tax”

Step 7 : Select Other taxes => Select Declaration => Scroll down in section LICENSING TAXES select 01/LPMB - licensing fee declaration (TT80/2021) => Tax period / Decision date / Clearance date Select Pay tax by year: 00/CN/YYYY and fill in 2024 in the box next to get "00/CN/2024" => click Continue

Step 8 : In the Content of state budget payments, select item 2850 - State management fees related to production and business => select Look up => Scroll down to select the licensing fee level that the business must submit

Step 9 : Fill in the amount of license tax payable => Enter in the Note box: Pay licensing fee 2024

Step 10 : Complete

What are instructions for paying 2024 licensing tax online on the e-tax website in Vietnam? (Image from the Internet)

Who must pay licensing fees in 2024 in Vietnam?

According to Article 2 of Decree 139/2016/ND-CP, regulations on licensing fee payers are as follows:

Licensing fee payers

The licensing fee payers are the organizations and individuals that operating their trade/production of goods and services except the cases specified in Article 3 of this Decree, including:

1. The enterprises which are established under the regulations of law.

2. The organizations which are established under the Law on Cooperatives.

3. The public service providers which are established under the regulations of law.

4. The business organizations of the political organizations, the social – political organizations, the occupational – social organizations and people's armed units.

5. Other organizations which have their trade/production activities.

6. The branches, the representative offices of organizations specified in Paragraphs 1, 2, 3, 4 and 5 of this Article (if any).

7. The individuals, groups of individuals and households that have their trade/production activities.

According to this Article, licensing fee payers are organizations, individuals, groups of individuals, and households engaged in producing and trading goods and services, including:

- Enterprises are established according to the provisions of law.

- The organization is established under the Cooperative Law 2023.

- Public service units are established according to the provisions of law.

- Economic organizations of political organizations, socio-political organizations, social organizations, socio-professional organizations, people's armed units.

- Other organizations engaged in production and business activities.

- Branches, representative offices and business locations of the above organizations.

- Individuals, groups of individuals, households engaged in production and business activities

However, if you fall into one of the cases exempted from licensing fees according to Article 3 of Decree 139/2016/ND-CP, you will be exempted from licensing fees.

What is business licensing tax payment rate in 2024 in Vietnam?

According to Article 4 of Decree 139/2016/ND-CP amended and supplemented by Clause 2, Article 1 of Decree 22/2020/ND-CP, regulations on rate of licensing fees are as follows:

Rate of licensing fees

1. The rate of licensing fees for the organizations having the production and business of goods and services is as follows:

a) The organizations with charter capital and investment capital over 10 billion dong: 3,000,000 dong/year;

b) The organizations with charter capital and investment capital of less than 10 billion dong: 2,000,000 dong/year;

c) The branches, representative offices, business location, public service providers and other business organizations: 1,000,000 dong/year;

The rate of licensing fees for the organizations specified under Point a and b of this Paragraph is based on the charter capital written in the certificate of business registration or on the investment capital written in the certificate of investment registration in case of no charter capital.

...

The current rate of licensing fees is:

- Organizations with charter capital or investment capital of 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 location, public service providers and other business organizations: 1,000,000 VND/year.

Best regards!