On October 25, 2016, the Ministry of Finance of Vietnam issued Circular No. 165/2016/TT-BTC providing for fees for processing of applications for the license for establishment of representative offices of foreign advertising enterprises in Vietnam, and the collection and transfer thereof.
According to Circular No. 165/2016/TT-BTC of the Ministry of Finance of Vietnam, fees for processing of applications for the license for establishment of representative offices of foreign advertising enterprises in Vietnam shall be provided for as follows:
- New license: VND 3,000,000/an application.
- Re-issuance or modification of license: VND 1,500,000/an application.
Fees for processing of applications for the license for establishment of representative offices of foreign advertising enterprises in Vietnam must be paid in VND.
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