Fees for issuance of international certification of the security of maritime vessels in Vietnam

Circular 246/2016/TT-BTC stipulates fees for organizations and individuals when the Vietnam Register conducts inspections, assessments, and issuance of international certificates regarding security of maritime vessels and mobile platforms. The Vietnam Register is responsible for collecting, remitting, managing, and using the fees specified in this Circular.

The fee structure for inspections, assessments, and issuance of international certificates regarding security of maritime vessels according to the International maritime vessel and Port Facility Security Code (ISPS) is specified as follows:

The fee rates listed above do not include travel expenses as per the regulations for officials directly conducting the security of maritime vessels inspections and assessments.

Regarding fee declaration, collection, and remittance, by the 5th of each month, the collecting organization must deposit the fees collected in the previous month into the fee account awaiting remittance to the state budget, opened at the State Treasury.

The collecting organization is entitled to retain 75% of the fees collected to cover service provision and fee collection activities. The retained amount is managed and used according to the regulations specified in Article 5 of Decree 120/2016/ND-CP dated August 23, 2016, of the Government of Vietnam, providing detailed guidance on the implementation of certain articles of the Law on Fees and Charges. Additionally, 25% of the fees collected must be remitted to the state budget according to the program, section, and sub-section of the state budget index.

Source: Financial Magazine

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