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TO INCREASE 10% OF CIVIL JUDGMENT ENFORCEMENT FEE REMITTED TO THE STATE BUDGET

On  October 24, 2019, the Ministry of Finance issues the  Circular No. 74/2019/TT-BTC on amending and supplementing Clause 2 Article 9 Circular No. 216/2016/TT-BTC dated November 10, 2016 of the Minister of Finance on prescribing rates and the collection, remittance, management and use of civil judgment enforcement fee.

Accordingly, to reduce the administrative expense deduction from the fee collection of civil judgment collected by the fee

collecting agency from 65% to 55%. As such, the fee collecting agency only have to deduct 55% of the collected fee to cover management fees as prescribed in Article 5 of the Government’s Decree No. 120/2016/ND-CP of August 23, 2016.

This Circular takes effect on December 10, 2019.