– Pursuant to Article 4 of Circular 302/2016/TT-BTC: Amount of license fee:
“1. Amount of license fee for organizations engaged in production and trading of goods and services are as follows:
a) Organizations with charter capital or investment capital over 10 billion VND: 3,000,000 (three million) VND/year;
b) Organizations with charter capital or investment capital of 10 billion VND or less: 2,000,000 (two million) VND/year;
c) Branches, representative offices, business locations, non-business units, other economic organizations: 1,000,000 (one million) VND/year.
The amount of license fee for organizations guided in this Clause is based on the charter capital stated in the business registration certificate or in the enterprise registration certificate or in the cooperative’s charter. If there is no charter capital, it shall be based on the investment capital stated in the investment registration certificate or the decision on investment policy.
If an organization mentioned at Points a and b of this Clause changes its charter capital or investment capital, the basis for determining the amount of license fee is the charter capital or investment capital of the year preceding the year in which the license fee is calculated.
In case the charter capital or investment capital stated in the business registration certificate or investment registration certificate is in a foreign currency, it shall be converted into Vietnamese dong as a basis for determining the amount of license fee according to the buying exchange rate of the commercial bank or credit institution where the license fee payer opens an account at the time the license fee payer pays into the state budget.
2. License fees for individuals, groups of individuals and households engaged in production and trading of goods and services are as follows:
a) Individuals, groups of individuals, households with a revenue of over 500 million VND/year: 1,000,000 (one million) VND/year;
b) Individuals, groups of individuals, households with a revenue of over 300 to 500 million VND/year: 500,000 (five hundred thousand) VND/year;
c) Individuals, groups of individuals, households with a revenue of over 100 to 300 million VND/year: 300,000 (three hundred thousand) VND/year.”
– Pursuant to Article 10 of Decree 126/2020/ND-CP: Deadline for submission of license fee declaration:
“1. License fee
a) New businesses (except household businesses and individual businesses), including medium and small enterprises converted from household businesses) and existing businesses that establish new dependent units or business location shall submit the license fee declaration by January 30 of the year preceding the establishment or inauguration year.
In case capital in changed during the year, the license fee payer shall submit the declaration by January 30 of the year succeeding the year in which the change occurs.
b) Household businesses and individual businesses are not required to submit license fee declarations. Tax authorities shall determine the license fees payable according to their tax declaration dossiers and tax administration database and inform them in accordance with Article 13 of this Decree.”
– Pursuant to Article 18 of Decree 126/2020/ND-CP: Deadline for payment of license fees:
“9. License fee:
a) License fee shall be paid annually by the 30th of January.”