Officially reduce 50% of fees in the field of processing competition case

VCN - In order to continue implementing urgent solutions to support people affected by the Covid-19 pandemic, on June 15, the Ministry of Finance issued Circular No. 58/2020/TT-BTC on reducing fees in the field of processing competition cases.
officially reduce 50 of fees in the field of processing competition case
Illustration image. Source: Internet

Accordingly, from July 27, 2020 to the end of December 31, 2020, people who request independent participation in competition cases as a person with related rights and obligations and the person lodging dossiers for requesting to enjoy exemption for prohibited competition restriction agreements (as defined in Article 16 of the Competition Law) will be reduced by up to 50% the rates in accordance with Article 4 prescribed in Circular No. 251/2016/TT-BTC dated 11/11/2016.

Specifically, the fee for resolving an independent claim of the person with related rights and obligations will be VND5 million/case; the fee for dossiers for requesting to enjoy exemption in competition case settlement is VND25 million/dossier.

From 1 January 2021 onwards, the above rates will return to the provisions of Article 4 prescribed in Circular No. 251/2016/TT-BTC dated November 11, 2016.

By H.Vân/Thanh Thuy

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