Charges for issuance of license to conduct mineral operations in Vietnam as of March 21, 2024

 Charges for issuance of license to conduct mineral operations in Vietnam as of March 21, 2024

 Charges for issuance of license to conduct mineral operations are prescribed as follows:

* In respect of exploration:

- 4 million VND per license if exploration area is lower than 100 hectare.

- 10 million VND per license if exploration area ranges from 100 hectare to 50.000 hectare.

- 15 million VND per license if exploration are exceeds 50.000 hectare.

* In respect of extraction:

(1) License to extract stream bed sand and gravel

= Of a capacity below 5.000 m3/year: 1.000.000 (VND/license)

= Of a capacity from 5.000 m3 to 10.000 m3/year: 10.000.000 (VND/license)

= Of a capacity exceeding 10.000 m3/year: 15.000.000 (VND/license)

(2) License to extract minerals for use as conventional construction materials without using industrial explosive materials, other than those stream bed sand and gravel

= License to extract minerals for use as conventional construction materials of less than 10 hectare in area and less than 100.000 m3/year in capacity: 15.000.000 (VND/license)

= License to extract minerals for use as conventional construction materials of at least 10 hectare in area and less than 100.000 m3/year in capacity or extract minerals for use as conventional construction materials of less than 10 hectare in area and at least 100.000 m3/year in capacity, extract peat, other than extraction of stream bed sand and gravel: 20.000.000 (VND/license)

= License to extract minerals for use as conventional construction materials of at least 10 hectare in area and at least 100.000 m3/year in capacity, other than extraction of stream bed sand and gravel: 30.000.000 (VND/license)

(3) License to extract minerals for use as cement ingredients; for use as conventional construction materials involving the use of industrial explosive materials; extract stone slabs and mineral water: 40.000.000 (VND/license)

More details can be found in Circular 10/2024/TT-BTC taking effect on March 21, 2024

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