THE MINISTRY OF FINANCE
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 96/2002/TT-BTC
Hanoi, October 24, 2002
 
CIRCULAR
GUIDING THE IMPLEMENTATION OF THE GOVERNMENT�S DECREE No. 75/2002/ND-CP OF AUGUST 30, 2002 ADJUSTING LICENSE TAX LEVELS
Pursuant to the Regulation on industrial and commercial taxes, issued together with Decision No. 200/NQ-TVQH of January 18, 1996 of the National Assembly Standing Committee;
Pursuant to the State Council’s March 3, 1989 Ordinance amending and supplementing a number of articles of the ordinances and regulations on industrial and commercial taxes and commodity taxes;
Pursuant to the State Council’s Resolution No. 473/NQ-HDNN of September 10, 1991 on license tax and slaughter tax;
Pursuant to the Government’s Decree No. 75/2002/ND-CP of August 30, 2002 adjusting license tax levels;
The Ministry of Finance hereby guides the implementation of the above-said Government’s Decree No. 75/2002/ND-CP as follows:
I. LICENSE TAX LEVELS:
1. Business organizations shall pay license tax at the following four levels:
a) VND 3,000,000/year, for all independent cost-accounting business establishments, including State enterprises, joint-stock companies, limited liability companies, private enterprises, enterprises operating under the Foreign Investment Law, foreign organiza-tions and individuals doing business in Vietnam, economic establishments of administrative and non-business agencies, Party or mass organizations and associations and armed force units, and other independent cost-accounting business organizations.
b) VND 2,000,000/year, for business establishments being dependent cost-accounting or daily financial-reporting branches, shops and stores, and production and business cooperation groups.
c) VND 1,500,000/year, for cooperatives (except those defined at Item d of this Point).
d) VND 1,000,000/year, for the following subjects:
- Cooperatives providing technical services in direct service of agricultural production, salt-making cooperatives, fishing cooperatives and credit cooperatives;
- The business establishments defined at Items b and c of this Point, if they have shops, kiosks, stores and/or service points at places other than their locations, shall have to pay license tax of VND 1,000,000/year for each shop, kiosk, store or service point