Newly established businesses are exempt from license fees for the first year

The Government has just issued Decree 22/2020 / ND-CP amending and supplementing a number of articles of Decree No. 139/2016 / ND-CP dated October 04, 10 of the Government on licensing fees. In particular, the most outstanding point is adding 2016 cases of exempting license fees. License fees in 2020

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Exempting license fees for the first year of establishment for 3 subjects

Subjects exempted from licensing fees in the first year of establishment or production and business activities (from January 01 to December 01) include: 1. Newly established organizations (to be granted new tax identification numbers and new enterprise identification numbers) 2. Households, individuals and groups of individuals that are first out of production and business activities 3. Branches, representative offices, business locations of the above two subjects established during the license exemption period During the exemption of license fees, if subjects 1 and 2 set up branches / representative offices / business locations, such branches / representative offices / business locations will also be exempt from licensing fees. .   License exemption for 03 years for small and medium enterprises transferred from business households Pursuant to Clause 9, Article 3 of the Decree, a small and medium-sized enterprise that moves from a household business (as prescribed in Article 16 of the Law on Support for Small and Medium-sized Enterprises) is exempt from license fees for a period of 03 years from the date of registration. was granted a business registration certificate for the first time. Accordingly, during the license fee exemption period, if a small and medium-sized enterprise establishes a branch/representative office/business location, this branch/representative office/business location is also exempt from the fee. subjects. Branches, representative offices and business locations of small and medium-sized enterprises (who are exempt from license fees as prescribed in Article 16 of the Law on Support for Small and Medium-sized Enterprises) established before the time of this Decree If it comes into effect, the license fee exemption period of branches, representative offices and business locations shall be counted from the effective date of this Decree to the end of the period when small and medium-sized enterprises are exempted from the exemption. course fees. Small and medium enterprises converted from business households before the effective date of this Decree shall be exempt from license fees as prescribed in Articles 16 and 35 of the Law on Support for Small and Medium Enterprises. License fees in 2020 Public education institutions and preschool education institutions are exempt from license fees Pursuant to Clause 10, Article 3 of the Decree, public general education institutions and public preschool education establishments are also exempted from licensing fees.   There is no fee for stopping production and business According to Point c, Clause 2, Article 1 of Decree 22/2020/ND-CP, active fee payers who send a written notice to the tax authority directly managing the suspension of production and business in the calendar year shall not Fees must be paid for the year of suspension if the following two conditions are met: – A written request for suspension of production and business activities shall be sent to the tax authority before January 02 of each year. – The license fee has not been paid for the year of suspension of production and business activities. Note: If the two above conditions are not met, a license fee must be paid for the whole year.   Decree 22/2020 / ND-CP takes effect from February 25, 02.   Download Decree 22/2020 / ND-CP:  Here