Headlines 28/12/2022 11:01 SA

New regulation of Vietnam on 4 forms of payment of fees and charges as of December 22, 2022

Xuân Dũng

This is the content of Circular No. 74/2022/TT-BTC dated December 22, 2022 on forms and the deadline for the collection, payment, and declaration of fees and charges under the jurisdiction of the Ministry of Finance of Vietnam.

According to the Circular, organizations and individuals shall pay fees and charges by 1 of the following 4 forms:

- Transferring to accounts of fee collectors opened at credit institutions exclusively for collection of fees and charges.

Regarding fees and charges collected by the State Bank of Vietnam, fee payers shall transfer them to accounts exclusively for collection of fees and charges of fee collectors opened at credit institutions or the State Bank of Vietnam.

- Depositing fees to fee accounts pending transfer to the budget of fee collectors opened at the State Treasury.

- Depositing to accounts of other collecting organizations other than fee collectors (applicable to online public services or administrative procedures according to regulations of the Government of Vietnam).

- Paying cash to fee collectors.

Fee collectors shall transfer all of the collected fees to fee accounts pending transfer to the budget opened at the State Treasury according to Circulars on fee collection of the Ministry of Finance of Vietnam.

Fee collectors shall transfer all of the collected fees to the state budget on a monthly basis according to laws on tax administration.

Circular No. 74/2022/TT-BTC comes into force as of December 22, 2022.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

Above are the summary and notification of new documents for customers of THU VIEN PHAP LUAT. For more information, please send an email to info@thuvienphapluat.vn.

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