TO REDUCE 50% OF FEES FOR ISSUANCE OF BANK ESTABLISHMENT LICENSE FROM MAY 05 UNTIL DECEMBER 31
The Ministry of Finance issues the Circular No. 33/2020/TT-BTC on providing for fees for issuance of licenses for establishment and operation of banks and non-bank credit institutions and the remittance thereof on May 05, 2020.
To be specific: Organizations granted bank and/or non-bank credit institution establishment and operation licenses by the competent State agency shall remit fees as follows:
From May 05, 2020 until the end of December 31, 2020, the fee rates to be remitted are equal 50% of the fee rates specified in Points a and b, Section 1 of the fee Schedule as prescribed in Clause 1, Article 4 of the Circular No. 150/2016/TT-BTC.
Concurrently, during the effective time of this Circular, the fee rates for issuance of licenses for establishment and operation of banks and non-bank credit institutions as prescribed in Clause 1, Article 4 of the Circular No. 150/2016/TT-BTC shall not be applied.
From January 01, 2021, the fee rates for issuance of licenses for establishment and operation of banks and non-bank credit institutions as prescribed in Clause 1, Article 4 of the Circular No. 150/2016/TT-BTC shall be applied as before.
This Circular takes effect from May 05, 2020, until the end of December 31, 2020.
