The annual licensing fees | VIVA Business Consulting - EU-Vietnam Business Network (EVBN)

LICENSING FEE PAYERS

The licensing fee payers are the organizations and individuals that operate their trade/production of goods and services:

The enterprises which are established under the regulations of law.
The organizations which are established under the Law on Cooperatives.
The public service providers which are established under the regulations of law.
The business organizations of the political organizations, the social – political organizations, the occupational – social organizations and people’s armed units.
Other organizations which have their trade/production activities.
The branches, the representative offices of the organizations

RATE OF LICENSING FEES

Based on registered charter capital, the rate of licensing fees for the organizations having the production and business of goods and services is as follows:

The organizations with charter capital and investment capital over 10 billion dong: 3,000,000 dong/year;
The organizations with charter capital and investment capital of less than 10 billion dong: 2,000,000 dong/year;
The branches, representative offices, business location, public service providers and other business organizations: 1,000,000 dong/year;

DECLARATION AND PAYMENT OF LICENSING FEES

The declaration of licensing fees is done once when the fee payers newly start their business activities no later than the last day of the month of commencement of business operation;
Where the fee payers newly establish their business facilities but not yet come into operation, they have to make declaration of licensing fees within 30 days from the date of issue of certificate of business registration or certificate of investment registration and certificate of tax registration.
The time limit for payment of licensing fees is no later than the 30th date of January of each year.

ABOUT VIVA BUSINESS CONSULTING

Who we are?

VIVA is a business consulting company, specializes in business compliance procedures according to local business laws and regulations since 2006. VIVA has been continuously trusted by thousands of well-known clients since 2006.
The insights and consistent backgrounds in Business Laws – Accounting and Corporate Finance – Tax Management – Labor Relations and Payroll – Secretarial services help us build trust and confidence in the entrepreneur’s community.
We have been successfully providing service for thousands of leading companies from Hong Kong, Japan, US, EU, Singapore, India, China, Korea…. in forms of FDI companies, Foreign representative offices, Foreigners working in Vietnam, Vietnamese SMEs, Chief Operation Officers.

What we do

Services for Expats in Vietnam: Visa, Work Permit, Temporary residence card, Compulsory Insurances, Personal Income tax, Labor contracts, Employment Records and Relations, Other Secretarial Services.
Services for Representative offices in Vietnam: Establishment, extension of representative office licenses. Required compliance procedures during operation. Rights and obligations of the chief of representative office. Closure of representative office risks management.
Services for a company in Vietnam: Setting up a new company and licensing service. Business records management. Daily business transactions management. Tax management. Accounting and financial statements. Employments, payroll and compulsory insurances. Representative on behalf of competent state agencies for any business administration procedures.

Motivated by our core values of ceaseless improvement, our great insights in local business culture and regulations, as well as the exclusive services, promise to offer you one-stop and tailored-made solutions that optimize every of your business in Vietnam in the lawful manner.

We are looking to be your valued business partner and resources in Vietnam as we have been choosing since 2006.

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