TO REDUCE AT LEAST 50% OF FEE RATES FOR ESTABLISHMENT OF MERCANTILE EXCHANGE UNTIL THE END OF 2020
On May 26, 2020, the Ministry of Finance issues the Circular No. 44/2020/TT-BTC on prescribing rates and remittance of appraisal charges for goods and services subject to business restriction; goods and services subject to conditional commercial business and fees for grant of licenses for establishment of Mercantile Exchange.
Accordingly, From May 26, 2020 until the end of December 31, 2020, charge and fee payers being organizations and individuals shall remit charges and fees as follows:
For organizations and individuals in centrally run cities and provincial cities and towns: The charge and fee rates to be remitted are equal 50% of the charge and fee rates as prescribed in Clause 1, Article 4 of the Circular No. 168/2016/TT-BTC. For organizations and individuals in other areas: The charge and fee rates to be remitted are equal 50% of the charge and fee rates for organizations and individuals in the above-mentioned areas. From January 01, 2021, the charge and fee rates as prescribed in the Circular No. 168/2016/TT-BTC shall be applied.
This Circular takes effect from May 26, 2020, until the end of December 31, 2020.
