Vietnam: 05 entities eligible for exemption of fees for providing information about enterprises, charges for business registration

According to Article 5 of Circular No. 47/2019/TT-BTC of the Ministry of Finance of Vietnam, 05 entities eligible for exemption of fees for providing information about enterprises, charges for business registration include:

- Enterprises making amendments due to a change of administrative division are eligible for fee of business registration and charge of registered information declaration exemption.

- Enterprises registering for dissolution or business suspension; enterprises applying for shutdown of branches, representative offices, business location are eligible for fee of business registration exemption.

- Enterprises applying for enterprise registration online are eligible for fee of business registration exemption.

- Regulatory agencies applying for providing information serving state management purposes are eligible for charge of providing enterprise information exemption.

- Small-sized and medium-sized enterprises converted from business households are exempted from first-time fee of business registration and charges of providing enterprise information.

Besides, statement and payment are also guided as follows:

- No later than the 5th day of each month, the collecting entity shall deposit the amount of fees collected last month to the account of fees pending payment to the State budget opened at a State Treasury.

- The collecting authority shall make monthly and annual statements and pay fees/charges as prescribed in Clause 3 Article 19 and Clause 2 Article 26 of Circular No. 156/2013/TT-BTC of the Ministry of Finance of Vietnam; Law on amendments to the Law on Tax administration and Decree No. 83/2013/NĐ-CP of Vietnam’s Government.

View full text at Circular No. 47/2019/TT-BTC of the Ministry of Finance of Vietnam, effective from September 20, 2019.

Thu Ba

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