Fees for processing of applications for multi-level marketing registration certificates in Vietnam as of March 21, 2024

Fees for processing of applications for multi-level marketing registration certificates in Vietnam as of March 21, 2024
Lê Trương Quốc Đạt

On February 5, 2024, the Minister of Finance of Vietnam issued Circular 09/2024/TT-BTC on prescribing fees for processing of applications for multi-level marketing registration certificates, collection, payment, transfer, management and use thereof.

Fees for processing of applications for multi-level marketing registration certificates in Vietnam as of March 21, 2024

Fees for processing of applications for multi-level marketing registration certificates are provided for as follows:

- Regarding applications for issuance or renewal of multi-level marketing registration certificates: VND 5.000.000/application.

- Regarding applications for modification of multi-level marketing registration certificates: VND 3.000.000/application.

In particular, the declaration, collection, payment transfer, management and use of of fees are regulated as follows:

- Fees shall be paid as prescribed in point a clause 2 Article 10 of the Government’s Decree 40/2018/ND-CP dated March 12, 2018; fees shall be paid to collectors adopting the payment methods prescribed in the Circular 74/2022/TT-BTC on forms and deadlines for collection, payment, and declaration of fees and charges under the Ministry of Finance.

- Each collector shall transfer total amount of fees collected in the previous month to its dedicated account opened at the State Treasury by the 05th each month. Collectors shall declare, collect, transfer and make statements of collected fees in accordance with the provisions of the Circular 74/2022/TT-BTC.

- Each collector may retain 90% of total collected fees to cover its expenses incurred during application processing and fee collection as prescribed in clause 4 Article 1 of Decree 82/2023/ND-CP amending Decree 120/2016/ND-CP detailing and guiding the implementation of a number of articles of the Law on fees and charges, and shall transfer the remaining amount equaling 10% of total collected fees to state budget according to corresponding chapter, section and sub-section in the list of state budget entries.

- The collector that is a regulatory authority ineligible for use of a pre-determined amount of collected fees to cover its operating expenses as prescribed in clause 3 Article 1 of Decree 82/2023/ND-CP must transfer total amount of collected fees to the state budget. Expenses incurred during application processing and fee collection shall be covered by state budget-derived fund which is included in the collector’s cost estimate under policies and levels of state budget expenditures as per laws.

More details can be found in Circular 09/2024/TT-BTC taking effect on March 21, 2024 and replacing Circular 156/2016/TT-BTC dated October 21, 2016.

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