GUIDANCE ON COLLECTION OF FEES FOR GRANTING THE RIGHT TO USE RADIO FREQUENCIES
The Government promulgates the Decree No. 88/2021/ND-CP on collection of fees for granting the right to use radio frequencies, auction, licensing and transfer of the right to use radio frequencies for frequency bands on October 01, 2021.
According to this Decree, in cases of auction of frequency bands for the development and application of technologies for efficiently using the radio frequency spectrum prioritized and encouraged in line with the Prime Minister’s decision and at the proposal of the Minister of Information and Communications, an enterprise shall pay fees for granting the right to use radio frequencies as follows:
Within a period of 03 months from the date of notification, the enterprise must pay 50% of the fees for granting the right to use radio frequencies in the first installment and submit the guarantee commitment of credit institutions, foreign bank branches established under Vietnamese laws for the unpaid amount.
Within a period of 18 months from the date of notification, the enterprise must pay 25% of the unpaid fees for granting the right to use radio frequencies in the second installment. The enterprise must pay remaining 25% of the fees for granting the right to use radio frequencies in the last installment, within a period of 36 months from the date of notification.
Besides, an enterprise shall be administratively sanctioned as prescribed by law provisions and have its frequency band use licenses revoked if after 02 years from the date of licensing, the enterprise fails to deploy a sufficient number of radio stations to deploy as committed.
This Decree takes effect on the signing date.
