PROVISIONS ON FOREIGN DIRECT INVESTMENT IN VIETNAM08/10/2019
UNFAIR COMPETITION ACTS TO BE FINED 02 BILLION VND09/10/2019
According to Circular No. 47/2019/TT-BTC issued on August 05,2019 and coming into effect on September 20, 2019:
– New enterprise registration fee rates are specifically as follows:
- Fee for first-time issuance, re-issuance, changing contents of the Enterprise Registration Certificate is VND50,000/time (currently VND100,000/time);
- Fee for first-time issuance, re-issuance, changing contents of the Operation Registration Certificates of branches, representative offices and business locations of enterprises is 50,000 VND/time (remains as is);
- Instances of online enterprise registrations are exempt from paying enterprise registration fees;
- Fees for providing enterprise information remain as is, except fee for publicly disclosing information of enterprise registrations which is reduced to VND100,000/time (a reduction of VND200,000 compared to current laws).