Since January 2017, a range of policies have come into effect for foreigners and foreign firms. The introduced changes impact international tourism companies, foreign advertisement firms, trade offices, foreign crew on ships, and visa processing.
According to Circular No.219/2016/TT-BTC, the stipulated fee for a single-entry visa for foreigners will be US$25 (VND 570,000) for a single individual, while the price of a multiple-entry visa for a duration of three to 12 months ranges from US$50 to US$155 (VND 1.14 million to VND 3.55 million). Exemptions will be applicable for guests (including spouses and children) invited by the government.
As per Circular No.264/2016/TT-BTC, the naturalization process will cost US$250 (VND 5.7 million) per person. Charges for restoring nationality will be the same as registering for retaining ones nationality, namely US$200 (VND 4.57 million). Fees for issuing new passports are fixed at US$70 (VND 1.6 million) while charges for extending diplomatic and public passports are US$30 (VND 684,210).
Government invited guests, employees, and technical staff (including spouses and children) of foreign diplomatic and consular representative missions are exempt from the fees.
Circular No. 177/2016/TT-BTC prescribes the fees for issuing licenses to international tourism agencies (including new issuance, renewal, and re-issuance) at US$132 (VND 3 million), while the assessment fee for issuance of tour guide licenses is set at US$28.50 (VND 650,000) for a single entity. Licenses for establishing a branch or a representative office of a foreign travel company will cost US$132 (VND 3 million) while the fee for renewal, extension, and re-issuance of existing licenses is US$66 (VND 1.5 million).
License fees for establishing a representative office of a foreign advertisement enterprise are, as stipulated by Circular No.165/2016/TT-BTC, US$132 (VND 3 million), while amendments and re-issuance will cost US$66 (VND 1.5 million).
Circular 143/2016/TT-BTC prescribes a fee of US$132 (VND 3 million) for establishing foreign trade promotion offices. Any changes or extension of the licenses will be charged at US$66 (VND 1.5 million).
Working holiday permits for New Zealand and Australia working holiday-makers will be charged US$26.50 (VND 600,000) for a single applicant and US$22 (VND 500,000) for re-issuance in accordance with Circular No. 140/2016/TT-BTC.
Foreign crewmembers traveling ashore will be required to pay a permit fee of US$3 (VND 68,181), which increases to US$5 (VND 113,636) if this includes a overnight stay. The permit fee for boarding foreign ships is set at US$1.32 (VND 30,000) per permit, according to Circular No. 138/2016/TT-BTC.
Foreigners engaged in press activities, scientific research, and tourism activities involving the use of foreign ships will require permits ranging from US$0.44 (VND 10,000) to US$0.88 (VND 20,000), depending on the activity.
This article was first published on www.vietnam-briefing.com.
Since its establishment in 1992, Dezan Shira & Associates has been guiding foreign clients through Asia's complex regulatory environment and assisting them with all aspects of legal, accounting, tax, internal control, HR, payroll and audit matters. As a full-service consultancy with operational offices across China, Hong Kong, India and emerging ASEAN, we are your reliable partner for business expansion in this region and beyond.
The information provided in this article is for general information purposes only. The information is not intended to be comprehensive or to include advice on which you may rely. You should always consult a suitably qualified professional on any specific matter.
Cyprus Self-Managed AIFLNP - How does the Organisational Chart look like? We are often asked by our clients what the minimum requirements for licensing a self-managed Alternative Investment Fund with Limited Number of Persons (AIFLNP) in Cyprus are in terms of functions and personnel.Read more