Reduce 36 fees and charges to support people and businesses, many reduced by up to 50%

According to the Ministry of Finance, from July 1, in addition to the 50% reduction in registration fees for domestically produced and assembled cars and trailers, many other fees and charges will be reduced by 50% compared to current regulations.

Of the 36 reduced fees, 21 fees are reduced by up to 50%. For example, fees for granting licenses to establish and operate banks; fees for granting licenses to establish and operate non-bank credit institutions; fees for granting certificates of construction capacity for organizations; fees for granting certificates of practice in construction for individuals; fees for appraising construction investment projects (fees for appraising construction investment feasibility study reports or fees for appraising construction investment economic-technical reports);

36% off tax to support people and businesses, many discounts up to 50 photos 1 — Construction practice certificate fees are reduced by 50%. (Photo: HP)

Some other types of fees are also reduced by 50% such as Appraisal fee for granting international travel service business license, domestic travel service business license; Appraisal fee for granting tour guide card; Fees and charges in the securities sector; Fee for granting license to import non-business publications; Fee for registering import of publications for business; Industrial property fee...

Regarding radio frequency usage fees, in case organizations and individuals have paid fees according to the fee rates prescribed in Circular No. 265/2016/TT-BTC and Circular No. 11/2022/TT-BTC for the effective period of this Circular, organizations and individuals will be offset the difference in fee amount between the fee rates prescribed in Circular No. 265/2016/TT-BTC and Circular No. 11/2022/TT-BTC and the fee rates prescribed in this Circular against the fee payable in the next fee payment period. The fee collection organization is responsible for calculating the fee offset for organizations and individuals in the next fee payment period.

According to the impact assessment, the application of Circular No. 44/2023/TT-BTC is expected to reduce budget revenue by about VND 700 billion.

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