What is the deadline for licensing fee payment in Vietnam for 2024?

What is the deadline for licensing fee payment in Vietnam for 2024?

Based on Clause 9, Article 18 of Decree 126/2020/ND-CP, the regulation💃s on the deadline for payment of licensing fee are as follows:

Deadline for tax payment on amounts belonging to the state budget from land, water resource exploitation rights fees, mineral resource fees, sea use fees, registration fees, licensing fees

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8. Registration fee: The deadline for payment of the registration fee is no later than 30 days, starting from the date of issuance of the notice, except where the taxpayer is permitted to defer the registration fee debt.

9. Licensing fee:

a) The deadline for payment of the licensing꧒ fee is no later than January 30 each year.

b) For small and medium enterprises converted from household businesses (including dependent units, business locations of the enterprise) at the end of the exemption period of licensing fee (the fourth year from the year of establishment of the enterprise),༒ the deadline for payment of licensing fee is as follows:

b.1) If the exemption period ends within the first 6 mo♎nths⛄ of the year, the deadline for payment is no later than July 30 of the year the exemption period ends.

b.2) If the exemption period ends within the last 6 months of the year, thღe deadline for payment is no l𝓰ater than January 30 of the year following the end of the exemption period.

c) Household businesses and individual businesses that cease production and business activities and then resume, the deadlin𓃲e f🌳or payment is as follows:

c.༺1) If resuming activities in the first 6 months of the year: No later than July 30 of the year of resum𝄹ption.

c.2) If resuming activities in the last 6 months of the year: No later than January 30🅺 of the year following the year of resumption.

Thus, according to the above regulations, the deadline for payment of t🔴he lic𒆙ensing fee for 2024 is no later than January 30, 2025.

Additionally, the law also prescribes some additional deadlines for ꦐpaymen꧟t of the licensing fee as follows:

- For small and medium enterꦏprises converted from household businesses (including dependent units, business locations of the enterprise) at the end of the exemption period (the fourth year🍃 from the year of establishment of the enterprise), the deadline is:

+ If the exemption period ends in the first 🐻6 months of the year, the deadline is no later than July 30 of the year the exemption 🅷period ends.

+ If the exemption period ends in the last 6 months of the year, the deadline is no lateไr than January 30 of the year 😼following the end of the exemption period.

- For household businesses and individual businesses that cease production and business activities and then resu𓆏me, the deadline is:

+ If resuming in the first 6 months of the year: No later t෴han July ☂30 of the year of resumption.

+ If resuming in the last 6 months of the year: No📖 later than January 30 of the year following the year of resumption.

What is the deadline for licensing fee paymentജ 🏅in Vietnam for 2024? (Image from the Internet)

How much is the licensing fee for organizations engaged in production and business in Vietnam?

According to Clause 1, Article 4 of Decree 139/2016/ND-CP, the licensing fee for organizatiꦚons engaged in productio🔯n and business is as follows:

- Organizations with charter capital o🍸r investment capital over 10 billion VND: 3,000,000 VN𒁏D/year;

- Organizations with charter capital or investmentꦺ capital of 10 bi꧋llion VND or less: 2,000,000 VND/year;

- Branches, representative offices, business locations, public ser♋vice providers, other economic organizations: 1,000,000 VND/year.

The licensing fee level for organizations regulated at points a and b, clause 1, Article 4 of Decree 139/2016/ND-CP is based on the charter capitaꩲl recorded in the business registration certificate; if there is no charter capital, it is based on the investment capital recorded in the investment registration certificate.

What is the form for the licensing fee declaration in Vietnam for 2024?

The form for the licensing fee declaration for 2024 is Form 01/LPMB issued together with Circular 80/2021/TT-BTC

Download the licensing fee declaration form

The form for ᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚth💃e licensing fee declaration for 2024 appears as follows:

How to fill out the licensing fee declar🐼ation form:

- Item [01]:♌ Declare the year for🐻 licensing fee calculation.

- Item [02]: Only check for th🧔e first time declaration.

- Item [03]: Only check for cases where the taxpayer (hereafter referred to as🧸 NNT and abbreviated as NNT) has submitted the declaration but then discovers changes in information about the declaration obligation and performs re-declaratio෴n for the declared period.

Note, NNT should only select one 🌺of the two items [02] or [03], not both si🌱multaneously.

- Item [04] to item [05🦩]: Declare information according to the taxpayer registration of NNT.

- Item [06] to item [08]: Declare tax ag𝔉e🅷nt information (if any).

- Item [09]: Only check in cases where NNT ha🍰s declared LPMB and subsequently establishes a ne♌w business location.