Circular 140/2016/TT-BTC on Working License Fee on Holiday to Australia and New Zealand Citizens

On September 19^th 2016, the Ministry of Finance issued Circular 140/2016/TT-BTC prescribing the rate, regime of collection and payment of license fee to work on holiday for New Zealand and Australia citizens.

Accordingly, the license fee rate to work on holiday for New Zealand and Australia citizens is 600,000 VND/time/person, applicable for new issuance and 600,000 VND/time/person for reissue.

The license fee shall be collected in Vietnam dong; the collection of fee must be submitted 100% to the state budget.

This Circular replaces Circular 97/2012/TT-BTC on June 18^th 2012 and takes effect from January 1^st 2017.