Certificate of Origin (C/O) fee from July 21, 2023 in Vietnam

Certificate of Origin (C/O) fee from July 21, 2023 in Vietnam

Specifically, the fee for certification of origin (C/O) is specified in Article 4 of Circular 36/2023/TT-BTC as follows:

- In case of issuance of certificates of origin: 60,000 VND/set of C/O.

- In case of re-issuance of certificates of origin: 30,000 VND/set of C/O.

In there:

- The person who pays the certificate of origin (C/O) fee means a trader specified at Point a, Clause 2, Article 1 of Circular 36/2023/TT-BTC who has a dossier requesting a competent agency or organization to issue a certificate of origin.

- C/O fee-collecting organization is an agency or organization competent to issue certificates of origin specified at Point b, Clause 2, Article 1 of Circular 36/2023/TT-BTC, including: Ministry of Industry and Trade and other organizations authorized by the Ministry of Industry and Trade to issue certificates of origin of goods.

Declaration and payment of fees for certification of origin (C/O) in Vietnam

The declaration and payment of the certificate of origin (C/O) fee are done as follows:

- Charge payers shall pay fees at the prescribed rate to the fee-collecting organization when submitting dossiers for the issuance of certificates of origin; fees are paid in the form specified in Circular 74/2022/TT-BTC.

- No later than the 5th of every month, the fee-collecting organization specified in Article 3 of Circular 36/2023/TT-BTC shall pay all fees collected in the previous month, the interest arising on the balance of the specialized fee collection account opened at a credit institution (if any) to the fee account awaiting payment to the budget of the Ministry of Industry and Trade opened at the State Treasury.

- The Ministry of Industry and Trade declares, pays, finalizes fees, and pays arising interests (in the fee account awaiting payment to the State budget opened at the State Treasury) according to the provisions of Circular 74/2022/TT-BTC;; management and use of fees as prescribed in Article 6 of Circular 36/2023/TT-BTC.

Circular 36/2023/TT-BTC takes effect from July 21, 2023.

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