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ON 2020, CHARGES FOR HANDLING OF COMPETITION CASES DECREASE TO 50%

On June 12, 2020, the Minister of Finance promulgates the Circular No. 58/2020/TT-BTC prescribing the rates and collection, remittance, management and use of charge for handling of competition cases.

In accordance with this Circular, the charge rate for settlement of independent requests filed by persons with related interests or obligations is VND 5 million per case. The charge rate for appraisal of dossiers for enjoyment of immunity in the handling of competition cases is VND 25 million per dossier. This charge rates shall apply from July 27, 2020, until the end of December 31, 2020.

From January 01, 2021, the charge rates of the two above charge shall be doubled, to be specific, for settlement of independent requests filed by persons with related interests or obligations shall be VND 10 million per case; for appraisal of dossier for enjoyment of immunity in the handling of competition cases shall be VND 50 million per dossier.

When having an independent request for participating in competition proceedings in the capacity as a person with related interests or obligations, the requester shall pay in advance the whole charge amount and shall bear such charge amount in case their request rejected.

This Circular takes effect from July 27, 2020.

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