Fee for applications of foreign trade promotion organizations for the license to establish representative offices in Vietnam

09:15, 12/10/2016

Circular No. 143/2016/TT-BTC of the Ministry of Finance of Vietnam provides regulations on fees for processing of applications for the license to establish representative offices of foreign trade promotion organizations or foreign traders in Vietnam, and the collection and transfer thereof.

According to Circular No. 143/2016/TT-BTC of the Ministry of Finance of Vietnam, foreign trade promotion organizations or foreign traders must pay the following fees for processing of their applications for the license to establish representative offices in Vietnam:

- New license: VND 3,000,000/application;

- Re-issuance, modification or renewal of license: VND 1,500,000/application.

Foreign trade promotion organizations or foreign traders must pay fees for processing of their applications for the license to establish representative offices in Vietnam in Vietnamese Dong (VND).

Collectors must pay a total amount (100%) of collected fees to the state budget according to the list of current state budget entries.

Circular No. 143/2016/TT-BTC of the Ministry of Finance of Vietnam takes effect from January 01, 2017, replacing Circular No. 133/2012/TT-BTC and Circular No. 187/2012/TT-BTC.

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