Vietnam: Guidance on payment of fees for handling of competition cases in 2020

According to Article 5 of Circular No. 58/2020/TT-BTC of the Ministry of Finance of Vietnam, payers shall pay fees as follows:

- Persons filing independent claims in competition cases in the capacity of persons having related rights and obligations shall pay an advance equaling 100% of the fee prescribed in Article 4 hereof. Persons filing independent claims shall pay fees if such claims are rejected by competent authorities. The fees paid in advance shall be returned to persons whose independent claims are accepted by competent authorities.

- When submitting applications for exemption from prohibition on anti-competitive agreements, applicants shall pay 100% of the fee prescribed in Article 4 hereof which shall not be returned in any cases.

Besides, collectors shall declare and transfer the amounts of collected fees as follows:

- Not later than the 05th day of every month, each collector must transfer the total amount of the fees collected in the previous month to the designated state budget account opened at the State Treasury.

- Collectors shall make monthly declaration and annual statement of collected fees in accordance with Clause 3 Article 19 and transfer collected fees in accordance with Clause 2 Article 26 of Circular No. 156/2013/TT-BTC dated November 06, 2013 by Minister of Finance providing guidance on a number of articles of the Law on tax administration, the Law on amendments to the Law on tax administration and Decree No. 83/2013/NĐ-CP dated July 22, 2013 of Vietnam’s Government.

View more details at: Circular No. 58/2020/TT-BTC of the Ministry of Finance of Vietnam takes effect from July 27, 2020.

Thu Ba

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