This decision abolishes the fee for examining applications for FDI project licenses in Vietnam pursuant to the Law on Foreign Investment. The document takes effect from July 1, 1999.
Đối tượng áp dụng
Ministry of Planning and Investment, provincial/municipal People's Committees under the central government, and provincial-level Export Processing Zone/Industrial Park Management Boards
Các điểm cốt lõi
- Foreign enterprises are not required to pay the application examination fee when applying for investment project licenses in Vietnam (Article 1)
- Competent authorities shall not collect the application examination fee from foreign enterprises when receiving investment project applications (Article 2)
- This decision completely abolishes the system of fees for examining applications for investment licenses according to the Law on Foreign Investment (Article 1)
- Effective date: July 1, 1999
🌐 Tác động xã hội từ văn bản này
- Reducing costs for foreign enterprises when applying for investment licenses in Vietnam
- Simplification in administrative procedures for foreign investors, potentially accelerating the investment process.
- Reduction in government revenue from this specific fee
❓ Câu hỏi thường gặp
Do foreign enterprises have to pay the application examination fee when applying for investment licenses?
No. The decision has completely abolished this system.
Which agency is responsible for implementing this decision?
Ministry of Planning and Investment, provincial/municipal People's Committees under the central government, and provincial-level Export Processing Zone/Industrial Park Management Boards.
When does this decision take effect?
July 1, 1999
Toàn văn
Pursuant to …;
REGARDING THE ABOLITION OF THE APPLICATION FEE FOR ISSUING INVESTMENT LICENSES FOR FOREIGN DIRECT INVESTMENT PROJECTS IN VIETNAM
đầu tư trực tiếp của nước ngoài (FDI) tại Việt Nam
______________
THE MINISTER OF FINANCE
WHEREAS, Decree No. 15/CP dated March 2, 1993 of the Government on the tasks, powers, and responsibilities for state management of ministries and ministerial-level agencies;
WHEREAS, Decree No. 04/1999/NĐ-CP dated January 30, 1999 of the Government on fees and charges under the State budget;
AT THE PROPOSAL OF THE HEAD OF THE DEPARTMENT OF FOREIGN FINANCE;
DECISION:
Article 1. THE REGIME OF THE APPLICATION FEE FOR ISSUING INVESTMENT LICENSES (HEREINAFTER REFERRED TO AS THE APPLICATION FEE) UNDER THE LAW ON FOREIGN INVESTMENT IN VIETNAM ISSUED TOGETHER WITH Circular No. 47 TC/TCĐN dated October 21, 1989 of the Ministry of Finance IS ABOLISHED.
Article 2. The Ministry of Planning and Investment, provincial people's committees, centrally governed city people's committees, and provincial-level Export Processing Zone Management Boards and Industrial Park Management Boards shall not collect the application fee when receiving project applications for investment licenses.
Article 3: This Decision takes effect from July 1, 1999./.
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