Please ask, I am the business owner of the fashion business in Vietnam. Do I have to pay license fees every month with revenue of about 6 million per month? Monthly revenue fluctuates.
Pursuant to Clause 2, Article 4 of Decree 139/2016/ND-CP regulating:
2. The rate of licensing fees for the individuals and households having the production and business of goods and services is as follows:
a) The individuals, groups of individuals and households with revenues over 500 million dong/year: 1,000,000 dong/year;
b) The individuals, groups of individuals and households with revenues between 300 and 500 million dong/year: 500,000 dong/year;
c) The individuals, groups of individuals and households with revenues between 100 and 300 million dong/year: 300,000 dong/year;
Thus, in principle, the rate of licensing fees is collected annually. Therefore, you base each year on how much revenue you make to see if you are in the above situation. Specifically over 100 million is required to pay this fee in Vietnam.
Best Regards!