Circular No. 112/2020/TT-BTC rates of certain charges and fees to assist for business in response to Covid-19

  • Summary
  • Content
  • Status
  • Vietnamese
  • Download
Save

Please log in to use this function

Send link to email

Please log in to use this function

Error message
Font size:

ATTRIBUTE

Circular No. 112/2020/TT-BTC dated December 29, 2020 of the Ministry of Finance providing a number of charge and fee rates to support and remove difficulties for business and production, ensure social security in response to the COVID-19 pandemic
Issuing body: Ministry of FinanceEffective date:
Known

Please log in to a subscriber account to use this function.

Don’t have an account? Register here

Official number:112/2020/TT-BTCSigner:Vu Thi Mai
Type:CircularExpiry date:
Known

Please log in to a subscriber account to use this function.

Don’t have an account? Register here

Issuing date:29/12/2020Effect status:
Known

Please log in to a subscriber account to use this function.

Don’t have an account? Register here

Fields:Policy , Tax - Fee - Charge

SUMMARY

To reduce 29 fees and charges from 50-100% until the end of June, 2021

On December 29, 2020, the Ministry of Finance issues the Circular No. 112/2020/TT-BTC providing a number of charge and fee rates to support and remove difficulties for business and production, ensure social security in response to the COVID-19 pandemic.

Accordingly, from January 01, 2021, until the end of June 30, 2021, 29 fees and charges shall continue to be reduced from 50-100%. To be specific:

Firstly, appraisal charge rates for construction investment projects and basic designs shall be equal to 50% of the charge rates specified in the Circular No. 209/2016/TT-BTC, prescribing the rates and the collection, remittance, management and use of appraisal charges for construction investment projects and basic designs.

Secondly, appraisal charge rates for grant of international tour operator licenses or domestic travel service business licenses; appraisal charge rates for grant of tour guide’s cards shall equal to 50% of the charge rates specified in Clauses 1 and 2, Article 4 of the Minister of Finance’s Circular No. 33/2018/TT-BTC dated March 30, 2018.

Thirdly, customs charge rates and fee rates for exit from and entry into airports and airfields applicable to foreign flights to Vietnamese airports shall be equal to 90% of the charge and fee rates specified in Article 4 of the Circular No. 194/2016/TT-BTC, prescribing the rates and regimes for collection and remittance of customs charge and fee for exit from and entry into airports and airfields applicable to foreign flights to Vietnamese airports, etc.

From July 01, 2021, the charge and fee rates specified in the above Table shall comply with the original Circulars.

This Circular takes effect from January 01, 2021, until the end of June 30, 2021.

For more details, click here.
Download files here.
LuatVietnam.vn is the SOLE distributor of English translations of Official Gazette published by the Vietnam News Agency
Effect status: Known

THE MINISTRY OF FINANCE
________

No. 112/2020/TT-BTC

THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness

_______________________

Hanoi, December 29, 2020

 

 

CIRCULAR

Providing a number of charge and fee rates to support and remove difficulties for business and production, ensure social security in response to the COVID-19 pandemic

_________

 

Pursuant to the Law on Charges and Fees dated November 25, 2015;

Pursuant to the Government’s Decree No. 87/2017/ND-CP dated July 26, 2017, defining the functions, tasks, powers and organizational structure of the Ministry of Finance;

In implementation of the National Assembly’s Resolution No. 124/2020/QH14 dated November 11, 2020, on the socio-economic development plan for 2021; the Government's Resolution No. 129/NQ-CP dated September 11, 2020, on the Government’s Regular Meeting on August, 2020; the Prime Minister’s Directive No. 11/CT-TTg dated March 04, 2020, on urgent tasks and solutions to remove difficulties for production and business, ensure social security in response to the COVID-19 epidemic;

In implementation of the Prime Minister’s direction in the Official Dispatch No. 10344/VPCP- KTTH dated December 10, 2020, on reviewing to reduce fees and charges to remove difficulties for those affected by the COVID-19 pandemic;

At the proposal of the Director of the Tax Policy Department;

The Minister of Finance hereby promulgates a Circular on providing a number of charge and fee rates to support and remove difficulties for business and production, ensure social security in response to the COVID-19 pandemic.

 

Article 1. A number of charge and fee rates to support and remove difficulties for business and production, ensure social security in response to the COVID-19 pandemic

1. From January 01, 2021 until the end of June 30, 2021, a number of charge and fee rates are prescribed as follows:

No.

Type of fee/charge

Rate

1

Charge rates for exploiting and using data on environment

Equal to 70% of the charge rates specified in the Charge Tariff issued together with the Minister of Finance’s Circular No. 22/2020/TT-BTC dated April 10, 2020, prescribing the rates and the collection, remittance, management and use of charges for exploiting and using data on environment.

2

Fee rates for issuance of license for establishment and operation of banks and non-bank credit institutions

Equal to 50% of the fee rates specified at Points a and b, Section 1 of the Fee Tariff as prescribed in Clause 1, Article 4 of the Minister of Finance’s Circular No. 150/2016/TT- BTC dated October 14, 2016, providing for fees for issuance of license for establishment and operation of credit institutions; license for establishment of foreign banks’ branches, representative offices of foreign credit institutions or other foreign organizations having banking activities; license for provision of intermediary payment services by non-bank institutions, and the collection and transfer thereof.

Click download to see the full text
Please log in to a subscriber account to see the full text. Don’t have an account? Register here
Please log in to a subscriber account to see the full text. Don’t have an account? Register here
Processing, please wait...
LuatVietnam.vn is the SOLE distributor of English translations of Official Gazette published by the Vietnam News Agency

ENGLISH DOCUMENTS

LuatVietnam's translation
Circular 112/2020/TT-BTC PDF

This utility is available to subscribers only. Please log in to a subscriber account to download. Don’t have an account? Register here

* Note: To view documents downloaded from LuatVietnam.vn, please install DOC, DOCX and PDF file readers
For further support, please call 19006192

SAME CATEGORY

loading