{"id":3068,"date":"2022-11-02T01:51:25","date_gmt":"2022-11-02T01:51:25","guid":{"rendered":"https:\/\/www.n2ncconsulting.com\/business-license-fee\/"},"modified":"2022-12-01T08:29:50","modified_gmt":"2022-12-01T08:29:50","slug":"business-license-fee","status":"publish","type":"post","link":"http:\/\/www.n2ncconsulting.com\/vi\/business-license-fee\/","title":{"rendered":"BUSINESS LICENSE FEE"},"content":{"rendered":"

Being considered as annual registration fee and paid in commencing of the year, Business License Fee (BLF) is required to be declared and paid when the company\u2019s establishment is completed.\u00a0<\/span><\/p>\n

BLF rate in Vietnam is determined based upon its registered charter capital, with details are elaborated as below:<\/span><\/p>\n\n\n\n\n\n\n
Level<\/b><\/td>\nCharter Capital<\/b><\/td>\nBLF level (VND)<\/b><\/td>\nEquivalent to USD<\/b><\/td>\n<\/tr>\n
1.<\/span><\/td>\nUnder 10 billion VND<\/span><\/td>\nVND 2,000,000<\/span><\/td>\nUSD 90<\/span><\/td>\n<\/tr>\n
2.<\/span><\/td>\nFrom 10 billion VND and above<\/span><\/td>\nVND 3,000,000<\/span><\/td>\nUSD 140<\/span><\/td>\n<\/tr>\n
3.<\/span><\/td>\nBranch, Representative office, business location and others<\/span><\/td>\nVND 1,000,000<\/span><\/td>\nUSD 45<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Having released recently in 2020 by Vietnam Government (*), postitive news is that newly established enterprise is exempted from BLF payment in the first year of establishment e.g. from 1 January to 31 December.<\/span><\/p>\n

Newly set-up firm is required to declare and submit BLF return <\/span>once <\/b>via tax portal. Failing to comply will result in penalty from the authority. Only BLF payment is required for next consecutive years.<\/span><\/p>\n

If there is any change in registered charter capital lead to change BLF level, the company is required to re-submit BLF return and pay BLF according to new corresponding level.<\/span><\/p>\n

Deadline for BLF settlement on annual basis is 30 January.<\/span><\/p>\n

(*) Decree 22\/2020 dated 25 Feb 2020<\/span><\/i><\/p>\n

Download PDF handout<\/i><\/b><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Being considered as annual registration fee and paid in commencing of the year, Business License Fee (BLF) is required to be declared and paid when the company\u2019s establishment is completed.\u00a0 BLF rate in Vietnam is determined based upon its registered charter capital, with details are elaborated as below: Level Charter Capital BLF level (VND) Equivalent […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":[],"categories":[37],"tags":[],"acf":[],"_links":{"self":[{"href":"http:\/\/www.n2ncconsulting.com\/vi\/wp-json\/wp\/v2\/posts\/3068"}],"collection":[{"href":"http:\/\/www.n2ncconsulting.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.n2ncconsulting.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.n2ncconsulting.com\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.n2ncconsulting.com\/vi\/wp-json\/wp\/v2\/comments?post=3068"}],"version-history":[{"count":1,"href":"http:\/\/www.n2ncconsulting.com\/vi\/wp-json\/wp\/v2\/posts\/3068\/revisions"}],"predecessor-version":[{"id":3069,"href":"http:\/\/www.n2ncconsulting.com\/vi\/wp-json\/wp\/v2\/posts\/3068\/revisions\/3069"}],"wp:attachment":[{"href":"http:\/\/www.n2ncconsulting.com\/vi\/wp-json\/wp\/v2\/media?parent=3068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.n2ncconsulting.com\/vi\/wp-json\/wp\/v2\/categories?post=3068"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.n2ncconsulting.com\/vi\/wp-json\/wp\/v2\/tags?post=3068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}