New regulation of Vietnam on appraisal fees for eligibility for environmental monitoring services

New regulation of Vietnam on appraisal fees for eligibility for environmental monitoring services

Appraisal fees for issuance and adjustment to certificates of eligibility for environmental monitoring services are determined as follows:  

Fee = Appraisal cost x K x M

Specifically:

- Appraisal cost: 42.000.000 VND (the minimum cost to assess an application, conduct a practical inspection at an organization, and hold an Appraisal Council’s meeting for an application for issuance or adjustment to a certificate of eligibility for environmental monitoring services).

- K: The geographical location coefficient according to the area of the applicant for the issuance or adjustment to the certificate, details are prescribed in the Appendix enclosed with Circular No. 34/2023/TT-BTC.

- M: Adjustment coefficient according to the number of environmental parameters requested for issuance or adjustment to the certificate.

Management and use of appraisal fees for eligibility for environmental monitoring services

- Collectors shall transfer 100% of the collected fees to the state budget (central state budget fees).

The source of expenses for the appraisal and collection of fees shall be allocated by the state budget in the estimates of collectors according to state budget expenditure policies and norms as prescribed by laws.

- In case the collector is a state agency eligible for fixed funding for operations of 60% of its revenue as prescribed in Clause 1 Article 4 of Decree No. 120/2016/ND-CP the remaining 40% shall be transferred to the state budget (central budget fees) according to chapters and sub-sections of the current state budget appendix.

Circular No. 34/2023/TT-BTC of the Ministry of Finance of Vietnam comes into force as of July 15, 2023 and replaces Circular No. 185/2016/TT-BTC dated November 8, 2016.

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Above are the summary and notification of new documents for customers of THU VIEN PHAP LUAT. For more information, please send an email to [email protected].