Time Limit for Final Settlement of Projects Completed in Accordance with Circular 09/2016/TT-BTC in Vietnam

20:03, 11/07/2024

The Ministry of Finance of Vietnam issued Circular 09/2016/TT-BTC regulating the final settlement of projects completed under the state capital.

The settlement deadline is guided in Article 22 of Circular 09/2016 as follows:

Project	National level	Group A	Group B	Group C
- Deadline for submitting settlement documents for approval	09 months	09 months	06 months	03 months
- Time for verification and approval of settlement	07 months	04 months	02 months	01 month

Note:

- The deadline for submitting project completion settlement documents for approval by the competent authority in Vietnam is calculated from the date of signing the handover minutes putting the project's works into use;

- The time for verification and approval of settlement in Vietnam is counted from the date of receipt of all settlement documents as prescribed in Article 8 of Circular 09.

Circular 09/2016/TT-BTC officially takes effect from March 5, 2016.

-Thuy Phu-

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