Environmental protection fees on mineral extraction activities in Vietnam

11:36, 02/02/2017

This is a notable content specified in Decree No. 164/2016/NĐ-CP of Vietnam’s Government on environmental protection fees on mineral extraction activities.

According to Decree No. 164/2016/NĐ-CP of Vietnam’s Government, collectors of environmental protection fees on mineral extraction are tax agencies of places where mineral extraction activities are performed.

The fees are specified as follows:

- The environmental protection fee on the extraction of crude oil: 100,000 VND/ton. That on the extraction of natural gas or coal gas: 50 VND/ m3. Particularly, the environmental protection fee on natural gas obtained in the process of extraction of crude oil (associated gas): 35 VND/ m3.

- The environmental protection fees on other mineral extraction activities are regulated in the Fee Schedule enclosed to this Decree.

- The environmental protection fee on the full exploitation of a type of mineral is equal to 60% of that on the extraction of such type of mineral laid down in the Fee Schedule enclosed to this Decree.

- Based on fees specified in the Fee Schedule enclosed to this Decree, each People’s Council of province/central-affiliated city (hereinafter referred to as Provincial-level People’s Council) shall decide environmental protection fees on the extraction of each type of mineral to apply in that province in conformity with local realities in each specified period.

View full text at Decree No. 164/2016/NĐ-CP of Vietnam’s Government, effective from January 01, 2017.

- Thanh Lam -

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