New regulations on fees for stock-related activities
VGP – The Ministry of Finance has issued Circular No. 67/2014/TT-BTC dated May 21, 2014, on levels of fees, as well as collection, payment, management, and use of fees on stock activities.
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The fee for brokerage is VND20 million per license; proprietary trading, VND60 million/license; issue guaranty, VND100 million/ license; the fee for licensing of establishment and operation of securities investment fund management companies, securities investment companies, VND30 million per license.
The fee for granting decision on approval for establishment of securities company branches, domestic securities investment fund management companies, licensing of establishment and operation of securities companies’ branches, foreign securities investment fund management companies in Viet Nam is VND10 million/license.
Management fee of unlisted public companies for transactions, annual management fee for open ended fund, Exchange Traded Fund is VND 10 million/ year/company/ or fund.
The Circular takes effect since January 1, 2017.
By Thuy Dung