Decision No. 59/1999/QD-BTC on abolishing the fee for examining applications for foreign direct investment (FDI) project licenses in Vietnam.

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.

문서 번호59/1999/QĐ-BTC
문서 유형Decision
발행 기관Ministry of Finance
서명자Nguyễn Sinh Hùng — Bộ trưởng
업데이트21. 06. 2026
산업Finance
분야Uncategorized
발행일26. 05. 1999
발효일01. 07. 1999
효력 만료일
상태In effect
✦ 스마트 요약

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.

적용 범위

Ministry of Planning and Investment, provincial/municipal People's Committees under the central government, and provincial-level Export Processing Zone/Industrial Park Management Boards

핵심 사항

  • 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

🌐 이 문서의 사회적 영향

  • 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

❓ 자주 묻는 질문

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

전문

MINISTRY OF FINANCE

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness

NUMBER: 59/1999/QD-BTC
HA NOI, May 26, 1999

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. 178/CP dated October 28, 1994 of the Government on the tasks, powers, and organizational structure of the Ministry of Finance;

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./.

THE MINISTER
(Signed)
Nguyen Sinh Hung
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