IMPACT — MEDIUM

The Vietnamese government recently reduced its fees for filing certain immigration processes online.

Key Points:

  • As of Feb. 1, online filing fees for some immigration process decreased by up to 50%, including:
    • Permanent resident registration from 20,000 VND (about US$1) to 10,000 VND.
    • Temporary residence registration and extension 15,000 VND to 7,000 VND.
    • Temporary residence registration and extension by list from 10,000 VND to 5,000 VND.
    • Household splitting from 10,000 VND to 5,000 VND.
  • More information regarding the new online filing fees is available here.

BAL Analysis: Employers should take the new filing fees into account when adjusting their 2023 budgets.

This alert has been provided by the BAL Global Practice Group. For additional information, please contact berryapplemanleiden@bal.com.

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