This content is detailed in Circular 273/2016/TT-BTC which stipulates the rates of collection, exemptions, collection policies, submission, management, and use of telecommunications activity fees and the licensing fees for telecommunications service businesses and telecommunications operation licenses.
Circular 273/2016/TT-BTC stipulates the management and utilization of fees for licensing telecommunications business services and telecommunications operation licenses as follows:
- Units assigned by the Ministry of Information and Communications to collect fees must submit 100% of the collected fees to the state budget. In cases where these units are entitled to pre-allocated operation costs from fee revenue as stipulated in Clause 1, Article 4 of Decree 120/2016/ND-CP, they are allowed to retain 10% of the collected fees to cover service provision and fee collection activities, and submit 90% to the state budget.- The Telecommunications Authority is allowed to retain 10% of the collected fees to cover service provision and fee collection activities, and submit 90% to the state budget.- The retained funds must be managed and utilized according to the provisions of Article 5, Decree 120/2016/ND-CP.
More details can be found in Circular 273/2016/TT-BTC, which takes effect from January 01, 2017.
- Thanh Lam -
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