Fee for issuance of practice certificate of asset management officer in Vietnam is VND 100,000

Below is a notable provision regulated in Circular 224/2016/TT-BTC specifying the rate, collection policies, remittance, management, and use of appraisal fees for standards and conditions for practicing, management activities, asset liquidation; and the fee for issuing practice certificates to asset management managers in Vietnam.

The fee, inspection fee for standards, professional conditions, management activities, asset liquidation; the fee for issuing the practice certificate for asset management managers in Vietnam is stipulated as follows:

No. Content Fee Rate
(VND/application)
1 Fee for issuing the practicing certificate for asset managers 100,000
2 Inspection fee for standards, professional conditions in the field of asset management and liquidation  
a Inspection for standards and professional conditions for asset management and liquidation 800,000
b Inspection of operational conditions for asset management and liquidation for asset managers registering practice as individuals or enterprises registering practice in asset management and liquidation 500,000

See related regulations at Circular 224/2016/TT-BTC effective from January 01, 2017.

- Thanh Lam -

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