xoilac tv trực tiếp bóng đá hôm nayShall household businesses submit licensing fee declarations in Vietnam?

Shall household businesses submit licensing fee declarations in Vietnam?

Pursuant to Point b, Clause 1, Article 10 ofDecree 126/2020/ND-CPstipulates as follows:

Deadline for submitting tax declaration dossiers for land-related revenues, licensing fees, registration fees, licensing fees, and other revenues in accordance with xoilac tv trực tiếp bóng đá hôm nay law on xoilac tv trực tiếp bóng đá hôm nay management and use of public assets

Taxpayers are to comply with xoilac tv trực tiếp bóng đá hôm nay deadlines for submitting tax declaration dossiers as prescribed in Article 44 of xoilac tv trực tiếp bóng đá hôm nay Law on Tax Administration. xoilac tv trực tiếp bóng đá hôm nay deadlines for submitting declarations for land-related revenues, licensing fees, registration fees, licensing fees, and other revenues in accordance with xoilac tv trực tiếp bóng đá hôm nay law on xoilac tv trực tiếp bóng đá hôm nay management and use of public assets are as follows:

1. licensing fees

a) Newly established entities, excluding household businesses and individual businesses, including small and medium-sized enterprises transitioning from household businesses, or those establishing additional dependent units, business locations, or commencing production and business activities, must submit licensing fee declarations no later than January 30 of xoilac tv trực tiếp bóng đá hôm nay year following xoilac tv trực tiếp bóng đá hôm nay year of establishment or commencement of production and business activities.

In cases where there is a change in capital during xoilac tv trực tiếp bóng đá hôm nay year, taxpayers must submit a declaration reflecting such changes no later than January 30 of xoilac tv trực tiếp bóng đá hôm nay year following xoilac tv trực tiếp bóng đá hôm nay year xoilac tv trực tiếp bóng đá hôm nay change occurred.

b) Household businesses and individual businesses are not required to submit licensing fee declarations. xoilac tv trực tiếp bóng đá hôm nay tax authority bases on tax declaration dossiers and tax management databases to determine xoilac tv trực tiếp bóng đá hôm nay revenue as xoilac tv trực tiếp bóng đá hôm nay basis for calculating xoilac tv trực tiếp bóng đá hôm nay payable licensing fees and notify xoilac tv trực tiếp bóng đá hôm nay fee payer in accordance with Article 13 of this Decree.

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Thus, household businesses do not have to submit licensing fee declarations, but xoilac tv trực tiếp bóng đá hôm nay tax authority will determine xoilac tv trực tiếp bóng đá hôm nay revenue based on tax declarations and tax management databases to calculate xoilac tv trực tiếp bóng đá hôm nay payable licensing fee amount and notify xoilac tv trực tiếp bóng đá hôm nay fee payer.

What is therate for licensing fees in Vietnam?

Pursuant to Article 4 ofDecree 139/2016/ND-CP(amended and supplemented by Clause 2, Article 1 ofDecree 22/2020/ND-CP), xoilac tv trực tiếp bóng đá hôm nay rates for licensing fees in 2024 are prescribed as follows:

[1]xoilac tv trực tiếp bóng đá hôm nay licensing fee rates for organizations engaged in production, business activities of goods and services are as follows:

- Organizations with charter capital or investment capital over 10 billion VND: 3,000,000 VND/year.

- Organizations with charter capital or investment capital of 10 billion VND or less: 2,000,000 VND/year.

- Branches, representative offices, business locations, public service providers, other economic organizations: 1,000,000 VND/year.

xoilac tv trực tiếp bóng đá hôm nay license fee for organizations in items (i) and (ii) is based on xoilac tv trực tiếp bóng đá hôm nay charter capital recorded in xoilac tv trực tiếp bóng đá hôm nay business registration certificate; if there is no charter capital, it is based on xoilac tv trực tiếp bóng đá hôm nay investment capital recorded in xoilac tv trực tiếp bóng đá hôm nay investment registration certificate.

[2]xoilac tv trực tiếp bóng đá hôm nay licensing fee rates for individuals, households engaged in production, business activities of goods, services are as follows:

- Individuals, groups of individuals, households with revenue over 500 million VND/year: 1,000,000 VND/year.

- Individuals, groups of individuals, households with revenue over 300 to 500 million VND/year: 500,000 VND/year.

- Individuals, groups of individuals, households with revenue over 100 to 300 million VND/year: 300,000 VND/year.

- Revenue as a basis for determining licensing fee rates for individuals, groups of individuals, households is guided by xoilac tv trực tiếp bóng đá hôm nay Ministry of Finance.

[3]Small and medium-sized enterprises transitioning from household businesses (including branches, representative offices, business locations) when xoilac tv trực tiếp bóng đá hôm nay exemption period for licensing fees expires (xoilac tv trực tiếp bóng đá hôm nay fourth year from xoilac tv trực tiếp bóng đá hôm nay year xoilac tv trực tiếp bóng đá hôm nay enterprise is established): those ending during xoilac tv trực tiếp bóng đá hôm nay first six months of xoilac tv trực tiếp bóng đá hôm nay year pay xoilac tv trực tiếp bóng đá hôm nay full annual license fee, while those ending during xoilac tv trực tiếp bóng đá hôm nay last six months pay 50% of xoilac tv trực tiếp bóng đá hôm nay annual fee.

Households, individuals, groups of individuals engaged in production, business activities dissolved but returning to production, business activities during xoilac tv trực tiếp bóng đá hôm nay first six months of xoilac tv trực tiếp bóng đá hôm nay year pay xoilac tv trực tiếp bóng đá hôm nay full annual license fee, and during xoilac tv trực tiếp bóng đá hôm nay last six months pay 50% of xoilac tv trực tiếp bóng đá hôm nay annual fee.

[4]Organizations with charter capital or investment capital over 10 billion VND and organizations with charter capital or investment capital of 10 billion VND or less in cases of changes in charter capital or investment capital, xoilac tv trực tiếp bóng đá hôm nay basis for determining xoilac tv trực tiếp bóng đá hôm nay licensing fee is xoilac tv trực tiếp bóng đá hôm nay charter capital or investment capital of xoilac tv trực tiếp bóng đá hôm nay year immediately preceding xoilac tv trực tiếp bóng đá hôm nay fee calculation year.

If xoilac tv trực tiếp bóng đá hôm nay charter capital or investment capital recorded in xoilac tv trực tiếp bóng đá hôm nay business registration certificate or investment registration certificate is in foreign currency, it is converted into VND for determining xoilac tv trực tiếp bóng đá hôm nay licensing fee based on xoilac tv trực tiếp bóng đá hôm nay buying exchange rate of xoilac tv trực tiếp bóng đá hôm nay commercial bank or credit institution where xoilac tv trực tiếp bóng đá hôm nay fee payer holds an account at xoilac tv trực tiếp bóng đá hôm nay time xoilac tv trực tiếp bóng đá hôm nay fee is paid to xoilac tv trực tiếp bóng đá hôm nay state budget.

[5]Fee payers actively operating who submit a written request to xoilac tv trực tiếp bóng đá hôm nay directly managing tax authority for a temporary suspension of production, business activities within xoilac tv trực tiếp bóng đá hôm nay calendar year are not required to pay xoilac tv trực tiếp bóng đá hôm nay licensing fee for xoilac tv trực tiếp bóng đá hôm nay year in which business activities are suspended, provided that xoilac tv trực tiếp bóng đá hôm nay request is submitted before xoilac tv trực tiếp bóng đá hôm nay deadline to pay xoilac tv trực tiếp bóng đá hôm nay fee (January 30 each year) and xoilac tv trực tiếp bóng đá hôm nay licensing fee of xoilac tv trực tiếp bóng đá hôm nay year for which suspension is requested has not been paid.

In xoilac tv trực tiếp bóng đá hôm nay event that xoilac tv trực tiếp bóng đá hôm nay suspension of production, business activities does not meet xoilac tv trực tiếp bóng đá hôm nay above conditions, xoilac tv trực tiếp bóng đá hôm nay full annual licensing fee must be paid.

Who is required to pay xoilac tv trực tiếp bóng đá hôm nay licensing feein Vietnam?

According to Article 2 ofDecree 139/2016/ND-CP, licensing fee payers include organizations and individuals engaged in production and business activities of goods and services, except for those exempted from xoilac tv trực tiếp bóng đá hôm nay licensing fee, including:

- Enterprises established under xoilac tv trực tiếp bóng đá hôm nay law.

- Organizations established under xoilac tv trực tiếp bóng đá hôm nayLuật trực tiếp bóng.

- Non-business units established under xoilac tv trực tiếp bóng đá hôm nay law.

- Economic organizations of political organizations, socio-political organizations, social organizations, socio-professional organizations, people's armed units.

- Other organizations engaged in production and business activities.

- Branches, representative offices, and business locations of xoilac tv trực tiếp bóng đá hôm nay organizations stipulated in Clauses 1, 2, 3, 4, and 5 of Article 2 ofDecree 139/2016/ND-CP(if any).

- Individuals, groups of individuals, and households engaged in production, business activities.