Decision No. 29/2005/QD-BTC On the financial regime for certain sources of income of Vietnamese representative offices abroad

This Decision stipulates the financial regime for certain sources of income of Vietnamese representative offices abroad, specifically the distribution and use of revenues from house rental services, guesthouse services, dormitory services, automobile transportation, bank deposit interest, and VAT refunds. This Decision shall take effect fifteen days after its publication in the Official Gazette and revoke Circular No. 24/TC-TCĐN dated 1993.

Số hiệu29/2005/QĐ-BTC
Loại văn bảnDecision
Cơ quan ban hànhMinistry of Finance
Người kýLê Thị Băng Tâm — Thứ trưởng
Cập nhật29/06/2026
NgànhFinance
Lĩnh vựcBudget ManagementExternal Finance
Ngày ban hành20/05/2005
Ngày áp dụng18/06/2005
Ngày hết hiệu lực16/02/2011
Tình trạngExpired
✦ Tóm lược thông minh

This Decision stipulates the financial regime for certain sources of income of Vietnamese representative offices abroad, specifically the distribution and use of revenues from house rental services, guesthouse services, dormitory services, automobile transportation, bank deposit interest, and VAT refunds. This Decision shall take effect fifteen days after its publication in the Official Gazette and revoke Circular No. 24/TC-TCĐN dated 1993.

Đối tượng áp dụng

Vietnamese representative offices abroad

Các điểm cốt lõi

  • The representative office may use 100% of the VAT refund revenue to offset corresponding expenditures.
  • 80% of the revenue from house rental services, guesthouse services, dormitory services, automobile transportation, and bank deposit interest shall be deposited into the State Treasury Temporary Holding Fund; the remaining 20% shall be used to cover expenses and establish a Reward and Welfare Fund.
  • The portion that the representative office may use is specified, guided, and managed by the Ministry in charge.

🌐 Tác động xã hội từ văn bản này

  • Positive impact: Enhance the efficiency of using income from representative office services, while creating a Reward and Welfare Fund for staff.
  • Negative impact: It may impose a cost burden on the representative office if the amount deposited into the State Treasury Temporary Holding Fund exceeds expectations.

❓ Câu hỏi thường gặp

What percentage of the VAT refund revenue can the representative office use?

100% of the VAT refund revenue is used by the representative office to offset corresponding expenditures.

How are revenues from house rental services, dormitory services, automobile transportation, and bank deposit interest distributed?

80% is deposited into the State Treasury Temporary Holding Fund; the remaining 20% is used to cover expenses and establish a Reward and Welfare Fund.

What percentage of the revenue from guesthouse services and dormitory services can the representative office use?

20% is used by the representative office to cover expenses and establish a Reward and Welfare Fund.

When does this Decision come into effect?

This Decision takes effect fifteen days after its publication in the Official Gazette.

When was Circular No. 24/TC-TCĐN dated 1993 revoked?

Circular No. 24/TC-TCĐN dated 1993 of the Ministry of Finance, which stipulated the financial regime for certain sources of income of Vietnamese representative offices abroad, has been revoked by this Decision.

Toàn văn

DECISION OF THE MINISTER OF FINANCE

Regarding the financial regime for certain revenue sources of Vietnamese representative offices abroad

Of Vietnamese representative offices abroad

THE MINISTER OF FINANCE

Pursuant to Decree No. 77/2003/NĐ-CP dated July 1, 2003 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;

Considering the proposal of the Director of the Foreign Finance Department,

DECISION:

Article 1. The revenues generated at some Vietnamese representative offices abroad shall be distributed according to the following ratios:

- For VAT refund revenues: the representative offices may use 100% to reimburse agency expenses, reducing corresponding expenditure items in their accounts.

- For revenues from leasing services with a fixed term for organizations and individuals; guest house services, dormitory services, transportation services by car; bank deposit interest income; ticket booking or purchasing services on behalf of others: 80% shall be deposited into the Temporary Holding Fund of the State Budget at the Vietnamese representative office abroad; the remaining 20% the representative office may use for:

+ Paying the costs incurred when providing services.

+ Establishing a Reward and Welfare Fund of the Representative Office.

Article 2. The portion that the representative office may use shall be regulated, guided, and managed by the Ministry in charge.

Article 3. This Decision takes effect fifteen days after its publication in the Official Gazette; Circular No. 24/TC-TCĐN dated March 23, 1993 of the Ministry of Finance regarding the financial regime for certain revenue sources of Vietnamese representative offices abroad is hereby abolished.

Article 4. Ministries and sectors are responsible for guiding subordinate units to implement this Decision./.

Văn bản này đang được cập nhật văn bản gốc, vui lòng xem nội dung toàn văn và kiểm tra lại sau.

Tải văn bản

Văn bản này đang được cập nhật văn bản gốc, vui lòng xem nội dung toàn văn và kiểm tra lại sau.

Bản đồ quan hệ

Bấm vào một văn bản để mở. Viền đỏ = quan hệ làm thay đổi hiệu lực.