Newly established businesses are exempt from license fees for the first year

The Government has just issued Decree 22/2020 / ND-CP amending and supplementing a number of articles of Decree No. 139/2016 / ND-CP dated October 04, 10 of the Government on licensing fees. In particular, the most outstanding point is adding 2016 cases of exempting license fees. License fees in 2020

License fees 2020

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Exempting license fees for the first year of establishment for 3 subjects

Subjects exempted from licensing fees in the first year of establishment or production and business activities (from January 01 to December 01) include:

1. Newly established organizations (to be granted new tax identification numbers and new enterprise identification numbers)

2. Households, individuals and groups of individuals that are first out of production and business activities

3. Branches, representative offices, business locations of the above two subjects established during the license exemption period

During the exemption of license fees, if subjects 1 and 2 set up branches / representative offices / business locations, such branches / representative offices / business locations will also be exempt from licensing fees. .

License exemption for 03 years for small and medium enterprises transferred from business households

Pursuant to Clause 9, Article 3 of the Decree, small and medium-sized enterprises transferred from business households (according to the provisions of Article 16 of the Law on Support for Small and Medium-sized Enterprises) are exempt from licensing fees for a period of 03 years from the date of to be granted a business registration certificate for the first time.

Accordingly, during the exemption of license fees, small and medium-sized enterprises established branches / representative offices / business locations, this branch / representative office / business location is also exempted from the fee. subjects.

Branches, representative offices and business locations of small and medium-sized enterprises (exempted from licensing fees as prescribed in Article 16 of the Law on Support for Small and Medium-sized Enterprises) established before the time of this Decree In effect, the time of exemption from license fees of branches, representative offices, business locations is calculated from the date this Decree takes effect until the end of the time when small and medium-sized enterprises are exempted. license fees.

Small and medium-sized enterprises transformed from business households before the effective date of this Decree shall be exempt from licensing fees as prescribed in Articles 16 and 35 of the Law on Support for Small and Medium Enterprises.

License fees in 2020

Public education institutions and preschool education institutions are exempt from license fees

Pursuant to Clause 10, Article 3 of the Decree, public general education institutions and public preschool education establishments are also exempted from licensing fees.

There is no fee for stopping production and business

According to Point c, Clause 2, Article 1 of Decree 22/2020 / ND-CP, the fee payers who are operating and send documents to tax agencies directly managing the suspension of production and business in the calendar year do not a fee must be paid for the year of temporary suspension of operation if the following two conditions are met:

- Written request for temporary cessation of production and business activities to be sent to the tax office before January 30 every year.

- Not paying the license fee of the year of suspending production and business activities.

note: If the two above conditions are not met, a license fee must be paid for the whole year.

Decree 22/2020 / ND-CP takes effect from February 25, 02.

Download Decree 22/2020 / ND-CP: Here



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