What are the fines for violations against regulations on payment to a disaster management fund in Vietnam?

What are the fines for violations against regulations on payment to a disaster management fund in Vietnam? (Internet image)

1. What are the fines for violations against regulations on payment to a disaster management fund in Vietnam?

- Fines for failure to make payment to the disaster management fund are as follows:

+ A fine ranging from VND 300,000 to VND 500,000 shall be imposed for failure to make payment to the disaster management fund if the amount payable is less than VND 300,000;

+ A fine ranging from VND 500,000 to VND 1,000,000 shall be imposed for failure to make payment to the disaster management fund if the amount payable is from VND 300,000 to less than VND 500,000;

+ A fine ranging from VND 1,000,000 to VND 3,000,000 shall be imposed for failure to make payment to the disaster management fund if the amount payable is from VND 500,000 to less than VND 3,000,000;

+ A fine ranging from VND 3,000,000 to VND 5,000,000 shall be imposed for failure to make payment to the disaster management fund if the amount payable is from VND 3,000,000 to less than VND 5,000,000;

+ A fine ranging from VND 5,000,000 to VND 8,000,000 shall be imposed for failure to make payment to the disaster management fund if the amount payable is from VND 5,000,000 to less than VND 10,000,000;

+ A fine ranging from VND 8,000,000 to VND 12,000,000 shall be imposed for failure to make payment to the disaster management fund if the amount payable is from VND 10,000,000 to less than VND 20,000,000;

+ A fine ranging from VND 12,000,000 to VND 20,000,000 shall be imposed for failure to make payment to the disaster management fund if the amount payable is from VND 20,000,000 to less than VND 40,000,000;

+ A fine ranging from VND 20,000,000 to VND 30,000,000 shall be imposed for failure to make payment to the disaster management fund if the amount payable is from VND 40,000,000 to less than VND 60,000,000;

+ A fine ranging from VND 30,000,000 to VND 40,000,000 shall be imposed for failure to make payment to the disaster management fund if the amount payable is from VND 60,000,000 to less than VND 80,000,000;

+ A fine ranging from VND 40,000,000 to VND 50,000,000 shall be imposed for failure to make payment to the disaster management fund if the amount payable is from VND 80,000,000 to less than VND 100,000,000.

- A fine ranging from VND 5,000,000 to VND 10,000,000 shall be imposed upon any domestic or foreign business organization that fails to provide or insufficiently providing the list of plans for collection of payments and payment to the disaster management fund by individuals under its management to a competent authority.

- Remedial measures: The violator is compelled to make payment to the disaster management fund.

(Article 17 of Decree 03/2022/ND-CP)

2. Entities subject to payment to a disaster management fund in Vietnam

- The rate of compulsory contribution from domestic and foreign economic organizations within a locality per year is 0.02% of total value of existing assets according to the financial statement that the paying organization makes on December 31 each year to the tax authority, is VND 500,000 at minimum and VND 100 million at maximum, and shall be accounted as that organization’s operating expenses.

- Vietnamese citizens who are at least 18 years old or at retirement age under normal working conditions prescribed in law on labor shall make annual contributions as follows:

+ Officials, public officers, public employees, persons paid wages, salaries, allowances and employees working at agencies, organizations and non-business units of the Party, State, socio-political organizations and associations that are funded by the State budget to cover their operating expenses at the central level, in provinces and centrally-run cities, in urban/rural districts, towns, provincially-affiliated cities, cities under the central authority (district level), in communes, wards and townships (commune level), in special administrative-economic units and armed forces shall pay a half of the statutory base salary divided by the number of working days in a month.

+ Employees working under labor contracts in enterprises shall pay a half of the region-specific statutory minimum pay rate divided by the number of working days in a month as agreed upon in the labor contract. Employees who enter into multiple contracts with different enterprises shall only have to make a one-off contribution according to the labor contract of which the term is longest.

+ Other employees other than those specified at Point a and b of this Clause shall have to contribute 10,000 VND/person/year.

(Clause 1, 3, Article 12 of Decree 78/2021/ND-CP)

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