Amendments to fee for issuance of certificate of eligibility for providing karaoke in Vietnam

Amendments to fee for issuance of certificate of eligibility for providing karaoke in Vietnam
Lê Hải

Recently, the Minister of Finance of Vietnam has just issued the Circular No. 01/2021/TT-BTC regulating fees for licensing karaoke an nightclub services and submission, collection, management and use thereof.

In comparison with the Circular No. 212/2016/TT-BTC, fee for issuance of certificate of eligibility for providing karaoke in central-affiliated cities and cities, townlets affiliated to provinces has been changed a lot according to the new Circular No. 01/2021/TT-BTC of the Ministry of Finance of Vietnam, specifically as follows:

- From 1 to 3 rooms: VND 4,000,000/certificate.

- From 4 to 5 rooms: VND 6,000,000/certificate.

- 6 rooms or more: VND 12,000,000/certificate.

It can be seen that the Circular No. 01/2021/TT-BTC has divided the number of karaoke rooms into 03 levels as above, which helps to reduce costs for small businesses. For example, if a business has only 1 to 3 rooms, the fee for certificate issuance is only VND 4,000,000/certificate instead of VND 6,000,000/certificate for an establishment with 01 to 05 rooms.

Note: Fee for revision of certificate of eligibility for providing karaoke service in case of additional rooms shall be VND 2,000,000/room; total fee must not exceed VND 12,000,000/certificate/instance of revision (The current regulation does not stipulate total fee in case of additional rooms).

More details at the Circular No. 01/2021/TT-BTC issued by the Minister of Finance of Vietnam, effective from February 25, 2021.

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