Fees for certificates of trading derivative securities is 10 million VND?

VCN - The Ministry of Finance is drafting a circular prescribing the ratesand regulations concerning collection, management and use of charges and fees in the field of securities. Accordingly, in order to be granted a license for establishment and operation of a Securities companies it will cost 30 million VND.
fees for certificates of trading derivative securities is 10 million vnd Preliminary assessment of Vietnam international merchandise trade performance in the first half of August, 2016
fees for certificates of trading derivative securities is 10 million vnd Turkey imposes anti-dumping duty on Vietnam plywood
fees for certificates of trading derivative securities is 10 million vnd Fiscal policy takes effect in July
fees for certificates of trading derivative securities is 10 million vnd

Fees for granting operation license of Securities companies will be 20 million VND/ license

.Photo: Internet

Draft Circular prescribing the rates, regulations of collection, payment, management and use of management fees and Securities supervision activities states; licensing fees for operations in the field of securities apply at the State Securities Commission of Vietnam. Currently, regulating the amount, mode of collection, management and use of charges and fees in the securities field applied at the State Securities Committee under the provisions of Circular No. 67/2014 / TT BTC issued by the Ministry of Finance. In the draft circular, a number of expressions of charges and fees in the securities field hasnot changedmuch.

Specifically, fees for licenses to establish and operate a securities company remain at the old fee includes: Brokers are 20 million VND/ license; proprietary dealings are 60 million VND/ license; Underwriting is 100 million VND/ license; Securities investment consulting is 20 million VND / license. Licensing fees for the company operation in management of securities investment funds, securities investment companies remained as in the old regulations is 30 million VND/ license.

Certification fee for operation of open funds, ETF, closed-end funds, real estate investment funds, public funds of 30 million VND/ certificate.

Certification fee for operation of member fund is 20 million VND/ certificate.

fees for certificates of trading derivative securities is 10 million vnd Elimination of annual management fees for ETF certificates

Certification fee for branch operations of securities companies, fund management companies for domestic securities investment; Certificates of establish branches in foreign countries; Certificate of foreign investment is 10 million VND / certificate.

The fee for a license of branch operations of securities companies, fund management companies investing in foreign securities in Vietnam is 20 million VND / license. The Draft Circular adds some new fees and charges, such as: Fees for certificates of eligible derivative securities business (10 million VND / certificate);Fees for certificates eligible to provide balance and payment transactions services for securities derivative (2 million VND / certificate); appraising fee for securities practice conditions and standards for individual practice in securities companies, securities investment fund management companies and securities investment companies including grant or renew the practicing certificate (1 million VND / grant).

The Ministry of Finance is currently taking opinions on the draft at the Electronic Portal of the Ministry.

By Thuy Linh / Hoang Nam

Thuy Linh / Hoang Nam

Related News

Reducing VAT along with tax and fee supports helps stimulate demand, reduce costs, and increase profits

Reducing VAT along with tax and fee supports helps stimulate demand, reduce costs, and increase profits

VCN - According to the program of the 6th Session, Minister of Finance Ho Duc Phoc, authorized by the Prime Minister, presented a Proposal on reducing value added tax (VAT), with a proposal to continue implementing this policy in the first half of 2024.
Derivatives transaction soars in August

Derivatives transaction soars in August

VCN – Along with the excitement in the underlying market, transactions of the derivatives market in August 2023 also surged compared with the previous month.
Get opinion on draft circular supplementing and amending regulations on risk management

Get opinion on draft circular supplementing and amending regulations on risk management

VCN – On August 15, Deputy Director General of Vietnam Customs Hoang Viet Cuong chaired an Online conference getting opinion on draft circular supplementing and amending Circular 81/2019/TT-BTC regulating risk management in customs control.
Suggesting new charges for certificate of origin

Suggesting new charges for certificate of origin

VCN – The Ministry of Finance is drafting Circular prescribing fees and charges payable in the certificate of origin (C/O), collection, transfer, management and use thereof

Latest News

Procedures for import tax incentives for non-domestically produced raw materials and components

Procedures for import tax incentives for non-domestically produced raw materials and components

VCN - The General Department of Vietnam Customs (GDVC) has just responded and instructed Kim Long Motors Hue Joint Stock Company to carry out procedures to enjoy import tax incentives for non-domestically produced raw materials and components.
E-commerce frauds require utmost in attention from regulators

E-commerce frauds require utmost in attention from regulators

Great efforts have been made to combat counterfeit goods and trade fraud products on e-commerce channels as online shopping has become increasingly popular for many people amid booming e-commerce activities.
Is animal feed containing Formic Acid precursors "helpless" in management?

Is animal feed containing Formic Acid precursors "helpless" in management?

VCN - According to regulations, import activities of precursors must be controlled from raw materials to final products. However, there are some items containing precursors that have management inadequacies and it is not clear which sector is responsible for?
Businesses and people expect VAT cut extension to be approved

Businesses and people expect VAT cut extension to be approved

People and businesses are looking forward to the Government's proposal on extending VAT reduction in the last six months being considered and approved by the National Assembly.

More News

Proposal to continue reducing VAT by 2% to support people and businesses

Proposal to continue reducing VAT by 2% to support people and businesses

In the first 4 months of 2024, Vietnam's economy achieved a higher growth rate than the same period of 2020-2023. However, the difficulties of the economy are still great, the recovery of the business community is still slow. Therefore, the Government has just submitted a proposal to the National Assembly for consideration, allowing to the continued implementation of the policy of reducing the value-added tax (VAT) rate by 2% for a number of groups of goods and services that are being subjected to VAT rate of 10% in the last 6 months of 2024. This is a support policy that is bringing many practical effects to people and businesses.
Research and correct customs supervision processes at international airports

Research and correct customs supervision processes at international airports

VCN - To continue to improve professional processes related to customs inspection and supervision, General Department of Vietnam Customs has drafted a decision to amend Decision No. 3280/QD-TCHQ dated September 30, 2016 on the inspection and supervision process for luggage of people on exit and entry; customs supervision activities at international airports.
Small, low-value items imported on e-commerce platforms should be taxed

Small, low-value items imported on e-commerce platforms should be taxed

Millions of packages of small, low-value items that are crossing the border into Vietnam daily should be subjected to VAT, special consumption and environmental taxes, according to industry experts and domestic e-commerce sellers.
Customs finds difficulties because there is no e-cigarette management policy

Customs finds difficulties because there is no e-cigarette management policy

VCN - E-cigarette products are invading and being used more and more commonly in our country, especially among young people, teenagers, and students. Meanwhile, there is currently no management policy for this item, making it difficult for Customs to determine violations and apply sanctions.
Are goods imported on-spot for export production eligible for tax refund?

Are goods imported on-spot for export production eligible for tax refund?

VCN - That is a problem of the Binh Duong Customs Department related to the process of handling tax refunds for goods imported to produce exported goods and exported by Thai Binh Investment Joint Stock Company.
Risk prevention solutions for export processing and production enterprises

Risk prevention solutions for export processing and production enterprises

VCN - Identifying common errors to comply with regulations, prevent risks, and limit mistakes arising in preparing final settlement reports is an issue which many export processing and production enterprises concern.
Conditions for price reduction of imported goods

Conditions for price reduction of imported goods

VCN - To meet the price reduction conditions, the documents, sales contracts, and price reduction agreements must state the reason for the price reduction.
Circular 83/2014/TT-BTC will be abolished from June 8

Circular 83/2014/TT-BTC will be abolished from June 8

VCN - On April 23, the Minister of Finance issued Circular 25/2024/TT-BTC on abolishing Circular 83/2014/TT-BTC guiding the implementation of Value Added Tax (VAT) under Vietnam's Nomenclature of imports. Accordingly, Circular 83/2014/TT-BTC will be abolished from June 8, 2024.
Proposal to continue reducing VAT by 2% in the last  6 months of 2024

Proposal to continue reducing VAT by 2% in the last 6 months of 2024

VCN - The Government has just submitted a proposal to the National Assembly to consider and allow the continued implementation of the policy of reducing Value Added Tax (VAT) by 2% for a number of groups of goods and services that are currently subject to a VAT rate of 10% in the last 6 months of 2024 (from July 1, 2024 to December 31, 2024). According to the Government's calculations, applying the policy of reducing the VAT rate by 2% for the last 6 months of 2024 reduces revenue by about 24 trillion VND.
Read More

Your care

Latest Most read
Procedures for import tax incentives for non-domestically produced raw materials and components

Procedures for import tax incentives for non-domestically produced raw materials and components

VCN - Appendix III on the List of areas eligible for investment incentives attached to Decree 31/2021/ND-CP of the Government stipulates economic zones and high-tech zones in an extremely disadvantaged area.
E-commerce frauds require utmost in attention from regulators

E-commerce frauds require utmost in attention from regulators

Great efforts have been made to combat counterfeit goods and trade fraud products on e-commerce channels as online shopping has become increasingly popular for many people amid booming e-commerce activities.
Is animal feed containing Formic Acid precursors "helpless" in management?

Is animal feed containing Formic Acid precursors "helpless" in management?

VCN - According to regulations, import activities of precursors must be controlled from raw materials to final products. However, there are some items containing precursors that have management inadequacies and it is not clear which sector is responsible
Businesses and people expect VAT cut extension to be approved

Businesses and people expect VAT cut extension to be approved

People and businesses are looking forward to the Government's proposal on extending VAT reduction in the last six months being considered and approved by the National Assembly.
Proposal to continue reducing VAT by 2% to support people and businesses

Proposal to continue reducing VAT by 2% to support people and businesses

The Government has just submitted a proposal to the National Assembly for consideration, allowing to the continued implementation of the policy of reducing the VAT rate by 2% in the last 6 months of 2024
Mobile Version