Circular 302/2016/TT-BTC on guiding regulations on the license fee

1. Subjects liable to pay license fees

• Organizations engaged in the production and trading of goods and services.

• Individuals and households engaged in the production and trading of goods and services.

• Branches, representative offices, and business locations of organizations (if any).

2. License fee rates

For organizations:

• Charter capital or investment capital over VND 10 billion → VND 3,000,000/year

• Over VND 5 – 10 billion → VND 2,000,000/year

• VND 5 billion or less → VND 1,000,000/year

For individuals and business households:

• Annual revenue over VND 500 million → VND 1,000,000/year

• Over VND 300 – 500 million → VND 500,000/year

• Over VND 100 – 300 million → VND 300,000/year

3. License fee exemptions

Exemptions apply in certain cases, such as:

• Small and medium-sized enterprises converted from business households (for the first 3 years);

• Cooperatives operating in the agricultural sector;

• Branches and representative offices that do not conduct business activities;

• Individuals, groups of individuals, or households engaged in irregular business without a fixed business location.

4. Declaration and payment of license fees

• Declaration: Submit once upon establishment (no later than January 30 of the following year).

• Payment: Annually, no later than January 30 of each year.

5. Effectiveness and transitional guidance

• Replaces Circular 96/2002/TT-BTC and previous documents relating to business license tax.

• Applied uniformly nationwide, regardless of sector or industry.