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Economic News

Last updated: Tuesday, November 21, 2017

 

Fee for Karaoke Business Licence Assessment Set VND6-12 Million

Posted: Thursday, December 01, 2016

The Ministry of Finance issued Circular No. 212/2016/TT-BTC on collection, payment, management and use of fees of karaoke and discotheque business license appraisal.
 
Accordingly, in cities, the fee for karaoke business licence appraisal is VND6 million for karaoke establishment with 1 to 5 rooms. The fee for appraising each room added is VND2 million per room. The fee for discotheque business licence appraisal is VND15 million. The fee of appraising karaoke business licence in non-city areas will be half of the above rates and the fee for appraising discotheque business licence is VND10 million. The circular also stipulates that fee collectors must send fee collections of the preceding month to the State Treasury on the fifth day of a calendar month.
 
Le Hien








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