Classification of Financial Autonomy Levels for Public Scientific and Technological Organizations

Public science and technology organization self-sustaining in recurrent and investment expenditures is an organization that meets one of the following conditions:

- The organization self-sustains all recurrent expenditures from its operational revenue and self-sustains investment expenditures from the development fund for operational activities, loans, and other legal sources as prescribed by law;- The organization only provides services not listed in the public service category using the state budget;- The organization provides services listed in the public service category using the state budget in the field of science and technology under the prices and fees that fully account for costs (including depreciation of fixed assets) as prescribed by the competent authority.

Public science and technology organization self-sustaining in recurrent expenditures is an organization with operational revenue that self-sustains all recurrent expenditures; or is an organization that only provides services listed in the public service category using the state budget in the field of science and technology under the prices and fees that fully cover recurrent costs (excluding depreciation of fixed assets) as prescribed by the competent authority.

Public science and technology organization partially covering their own recurrent expenditures is an organization with operational revenue that covers part of the recurrent expenditures, with the remaining part supported by the state budget.

Public science and technology organization with recurrent expenditures ensured by the state is an organization with no or low revenue, fully supported by the state budget for recurrent expenditures.

See more contents at: Circular 90/2017/TT-BTC, effective from October 28, 2017.

- Nguyen Trinh -

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