The latest 2022 license fee payment rate

  • 30/12/2021 11:16

 

WHAT IS LICENSING FEE?

✨ Licensing fees are a direct tax of businesses and business households. To put it simply, this is the corporate/company tax rate that must be paid annually to the tax management authority directly.

The level of collection by graded, based on the registered capital; the revenue of the previous business year, or the added value of the previous business year, depending on the country/locality.

LICENSE TAX FEES FOR BUSINESSES ESTABLISHED FROM 30th JUNE, 2022 AND BEFORE

🍂 According to Decree 22/2020/ND-CP, effective from 25th February 2020, the tax rates and licensing fees levels you need to pay in 2020 are in the following table

Licensing fees for businesses:

Charter capital or investment capital Licensing fee for the whole year
Over 10 billion VND 3,000,000 VND/year
From 10 billion VND or less 2,000,000 VND/year
Branches, representative offices, business locations, non-business units, other economic organizations

1,000,000 VND/year


Licensing fees for individuals and households

Average annual revenue Licensing fee for the whole year
Revenue over 500 million VND/year 1,000,000 VND/year
Revenue over 300 to 500 million VND/year 500,000 VND/year
Revenue over 100 to 300 million VND/year 300,000 VND/year

LICENSING TAX FEES FOR BUSINESSES ESTABLISHED FROM 07/01/2022 TO 31/12/2022

  • Businesses established from July 1 or later will have different licensing fees in 2022 than the businesses above. Specifically:

📌 Having charter capital or investment capital over 10 billion VND: must pay licensing fees of 1.5 million VND/year in 2022.

📌 Having charter capital or investment capital of 10 billion VND or less, the licensing fees to be paid is 1 million VND/year in 2022.

📌 Economic organizations, branches, representative offices, and other business locations only need to pay 500,000 VND/year in 2022.

  • If your company has different business license dates and operating dates, please note that the license tax rate is calculated from the license date. Please note and calculate accurately to pay the correct fee and tax collection time in the year.
  • Above is some information about license tax payment fees that businesses, companies and organizations need to complete by 2022. If you still have questions, questions around this issue, please contact us to receive the best answer and dedicated advice.

DOCUMENTS, TIME FOR DECLARATION, AND LICENSE TAX PAYMENT

License tax declaration:

Declare the one-time license fee when the fee payer has just started production, business, or is newly established.

⭐The fee payer has just started production and business activities or is newly established; Small and medium-sized enterprises converted from household businesses shall declare licensing fees and submit the declaration to the tax authority directly managing them before 30th January of the year following the year when they start production or business operations or are newly established.

⭐ Households, individuals, groups of individuals paying tax by the presumptive method are not required to declare licensing fees. The tax authority shall base on tax declaration and tax industry databases to determine business revenue as a basis for calculating licensing fees payable by households, individuals, and groups of individuals paying tax by the presumptive method.

Paying license tax: 30th January of the year following the year of calculating license tax.

Immediately contact TASCO Tax Agent in the following ways for a completely free consultation!!!


TASCO - Tax agent responsible for all service

           TASCO - Give trust - get value

Please contact TASCO for a free consultation:

 Hotline: 086.486.2446 - 0975.08.68 (zalo)

 Website: dailythuetasco.com hoặc dichvutuvandoanhnghiep.vn

 Email:  lienhe.dailythuetasco@gmail.com  

 

 

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