According to Circular No. 43/2024/TT-BTC dated June 28, 2024 of the Ministry of Finance, from July 1st, 2024 to December 31, 2024, the collection of many fees and charges will be sharply reduced to continue to remove difficulties for businesses.

In order to remove difficulties and support production and business activities for businesses, the Ministry of Finance issued Circular No. 43/2024/TT-BTC regulating the collection rates of a number of fees and charges. As follows:

For fees for licensing the establishment and operation of banks, the collection rate until the end of December 2024 will only be equal to 50% of the fee collection rate prescribed under Circular No. 150/2016/TT-BTC of the Ministry of Finance. 

Similarly, for the fee for issuing identification cards; licensing the establishment and operation of non-bank credit institutions; application fee for registration of intellectual property rights protection; Fees for issuance of industrial property representative practice certificates, publication and registration of industrial property representatives; The fee for evaluating the content of non-business documents to issue a publishing license is also reduced by 50%.

In addition, Circular No. 43 also reduces by 10-30% many other fees and charges such as: Fees for appraisal and issuance of certificates, licenses, and certificates in civil aviation activities; issue permits to enter and exit restricted areas at airports and aerodromes; Airport entry and exit fees for foreign flights to airports.

After December 31st, 2024, the collection rates for the above fees and charges will return to comply with the provisions of the original circulars, Circular No. 63/2023/TT-BTC and the amended Circulars, supplement or replacement (if any).

This newsletter is for informational purposes only about newly issued legal regulations, not for advice or application to specific cases.

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