Vietnamese
On June 24, 2022, the Ministry of Finance issues the Circular No. 39/2022/TT-BTC guiding Decree No. 121/2021/ND-CP providing the business of prize-winning video games for foreigners.
In particular, in accordance with the Article 5, the Circular 39 prescribes that the appraisal charge for the grant or extension of a business eligibility certificate of an enterprise is VND 150 million.
The appraisal charge for the re-grant or modification of a business eligibility certificate of an enterprise is VND 5 million.
The appraisal charges are revenues of the central budget. After appraising enterprises’ satisfaction of the conditions for the grant, re-grant, modification and extension of business eligibility certificates, the Ministry of Finance shall send notices to the enterprises for payment of appraisal charges in accordance with law regulations.
After receiving a notice of the Ministry of Finance, an enterprise shall pay the charge into the state budget according to the current state budget
At the same time, enterprises are only granted, re-granted, modified and extended with the business eligibility certificates after paying appraisal charges to the state budget.
This Circular takes effect on August 08, 2022.
