Vietnam feasibility study - EITI

II.3 - General cOmmenT
As analyzed above, the financial obligations of the mining, oil or gas company in Vietnam are relatively
diversified with various types and levels. Generally, during the operation process, the extractive
company engaging in mineral responsibility is responsible for paying about seven types of charges
and fees, six types of tax and some other compulsory obligations or social responsibilities. The number
of charges and fees that the enterprises are obliged to pay to the state depends on the specific type of
mineral, exploitation, processing technology.
In general, the local authorities of the areas where mineral activities take place are entitled to receipts
from all types of related charges and fees and social responsibilities of the enterprises (except for the
environmental protection fee in the oil and gas extraction). For the receipts from taxes, the locality is
only entitled to the natural resources tax (except for petroleum sector). Receipts from the remaining
taxes, such as corporate income tax, export – import tax, and personal income tax are paid to the
central budget and allocated in accordance with provisions of the state.
The Extractive Industries Transparency Initiative and the Implementation Perspective of Vietnam
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