On 15 November 2016, MOF issued Circular 302/2016/TT-BTC guiding on license tax. Accordingly:
License tax level for business organizations:
a) Organizations have charter capital or investment capital of more 10 billion VND: 3,000,000 (three million) dongs/year;
b) Organizations have charter capital or investment capital of less 10 billion VND: 2,000,000 (two million) dongs/year;
c) Branches, representative office, business places, administration units, other economic organizations: 1,000,000 (one million) dongs/year.
Business organizations declare license tax once when new organizations run business at latest is the last date of the business starting month.
