THE CHARGE COLLECTING AGENCIES ON EXIT AND ENTRY MAY DEDUCT MAXIMUM 20% COLLECTED CHARGE
On May 18, 2020, the Ministry of Finance promulgates the Circular No. 41/2020/TT-BTC on amending and supplementing a number of articles of the Circular No. 219/2016/TT-BTC dated November 10, 2016 prescribes the rates of charges and fees related to exit from, entry into, transit through and residence in Vietnam and charge and fee collection, remittance, management and use.
Accordingly, for the charge collecting agencies which are the Immigration Department and the Border Gate Security Department and provincial-level Public Security Departments and Border Guard Commands, such agencies may deduct 20% of the collected charge amount to cover the expenses in accordance with law provisions. The remaining 80% shall be remitted to the state budget under the chapters and sub-items of the current State Budget Index.
For the charge collecting agencies as the Consular Department and the Ho Chi Minh City Department of External Affairs, the whole collected charge amount to the state budget. In case a charge-collecting organization is a state agency which has their operating expenses covered by collected charge amounts, it may deduct 20% of the collected charge amount to cover the expenses.
As provided, the charge collecting agencies in the field of managing of exit from, entry into, transit through and residence may deduct maximum of 20% collected charge, instead of 30% as before. Regulations on collection of fee remain unchanged: The fee collecting agencies shall have to remit the whole collected fee to the state budget
This Circular takes effect from August 01, 2020.
