In Vietnam, who are payers and collector in securities sector?
Who are payers and collector in securities sector in Vietnam? What are regulations on fees and charges in securities sector in Vietnam? What are regulations on management and use of fees in securities sector in Vietnam? Looking forward to your consultancy.
<subquestion>Who are payers and collector in securities sector in Vietnam?</subquestion>
Pursuant to Article 2 of the Decree 25/2022/TT-BTC, which takes effect from July 1st 2022, stipulating payers and collector in securities sector in Vietnam as follows:
1. Collector is the State Securities Commission of Vietnam (SSC).
2. Payers are organizations and individuals that perform securities activities specified in the Schedule of fees and charges enclosed herewith.
<subquestion>What are regulations on fees and charges in securities sector in Vietnam?</subquestion>
Pursuant to Article 3 of the Decree 25/2022/TT-BTC, which takes effect from July 1st 2022, stipulating fees and charges in securities sector in Vietnam as follows:
Fees and charges for management and supervision of securities activities, and issuance of licenses or certificates in securities sector are prescribed in the Schedule of fees and charges enclosed herewith.
<subquestion>What are regulations on management and use of fees in securities sector in Vietnam?</subquestion>
Pursuant to Article 6 of the Decree 25/2022/TT-BTC, which takes effect from July 1st 2022, stipulating management and use of fees in securities sector in Vietnam as follows:
The collector shall be allowed to retain and use 70% of total amount of collected fees in accordance with regulations of the Government’s Decree No. 120/2016/ND-CP dated August 23, 2016, the Decision No. 29/2009/QD-TTg dated February 20, 2009, and the Circular No. 104/2009/TT-BTC dated May 25, 2009.

Decree No. 120/2016/ND-CP Decision No. 29/2009/QD-TTg No. 104/2009/TT-BTC