Charge of VND 01 million for issuance of licenses for setting up representative offices of foreign movie establishments

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On November 15, 2016, the Ministry of Finance issued the Circular No. 289/2016/TT-BTC on amounts, collection, payment, management and use of fees and charges in the cinematography.

In accordance with the Circular, the charge for issuance of licenses for setting up branches or representative offices of foreign movie establishments in Vietnam: VND 1,000,000 per license. Charge for the license and control labeling applicable to tapes and visual discs containing performances in cinematography: VND 500 per label. Amounts of assessment fees for issuance of licenses for cooperation and joint venture in film production, provision of film production services for foreign organizations and individuals, for long film project: VND 5,000,000 per project and short film project: VND 2,400,000 per project..

Particularly, Fees for appraisal and classification of movies with respect to foreign film screening in Vietnam serving national political and foreign affairs objectives or in accordance with agreements on cooperation between the Government of Vietnam and foreign countries in terms of culture and art.

This Circular takes effect January 01, 2017.