Circular 169/2016/TT-BTC: New regulations on fees for assessment of technology transfer agreement

adminquantri - April 24, 2017

On October 26, 2016, the Ministry of Finance (MOF) issued Circular No. 169/2016/TT-BTC (“Circular No. 169”) replacing Circular No. 200/2009/TT-BTC dated October 15, 2009 providing collection rates, regime of collection, payment, management and use of fees for assessment of technology transfer agreement. The details of fees are as follows:

 

  • For technology transfer agreement which is not in the List of restricted technologies, official fees for assessment for registration for the 1st time will be charged at the rate of 0,1% per the total value of technology transfer agreement but not exceeding 10 million VND (equally US$500.00) and not be inferior of 5 million VND (equally US$250.00). For registration of amendment of technology transfer agreement, official fees for assessment will be charged at the rate of 0,1% per total value of amended technology transfer agreement, but not exceeding 5 million VND (equally US$250.00) and not be inferior of 3 million VND (equally US$150.00).

 

  • For technology transfer agreement which is in the List of restricted technologies, assessment fees for granting a preliminary license are 10 million VND (equally US$500.00) and for granting a License of technology transfer will be charged at the rate of 0,1% per the total value of technology transfer agreement but not exceeding 10 million VND (equally US$500.00) and not be inferior of 5 million VND (equally US$250.00).

 

Circular No. 169 is effective as of January 01, 2017.