Are households with revenues at 120 million/year still exempt from licensing fees in Vietnam?

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Question date: 23/03/2023

May I ask: My household has a salt production of 120 million/year. I know that the revenue from 100 million or more must pay the license fee in Vietnam. So, is our household exempt?

    • Are households with revenues at 120 million/year still exempt from licensing fees in Vietnam?

      Pursuant to Clause 3, Article 3 of Decree 139/2016/ND-CP stipulates as follows:

      The cases of exemption from licensing fees are:

      1. The individuals, groups of individual and households that have their trade/production activities with annual revenues of less than 100 million dong.

      2. The individuals, groups of individual and households that have their irregular trade/production activities without fixed location as guided by the Ministry of Finance.

      3. The individuals, groups of individual and households that produce salt.

      4. The organizations, individuals, groups of individual and households that do the aquaculture, fisheries and fishing logistic services.

      5. The commune cultural post offices and press agencies (printed, radio, television and online newspapers).

      6. The branches, representative offices and business locations of the cooperatives that have direct technical service activities in service of agriculture.

      7. The communal people’s credit fund; cooperatives specialized in service business for agricultural production; branches, representative offices and business locations of cooperatives and private enterprises carrying on their business in the mountainous areas which are determined by the regulations of the Committee for Ethnic Minorities.

      Thus, according to the above regulations in Vietnam, for annual revenues of 100 million VND or less, licensing fees are exempted. Through the case you mentioned when your household revenue is 120 million/year. However, your family produces salt, so this fee will be exempted.

      Best Regards!

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    "This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts"

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