CIRCULAR

AMENDING AND SUPPLEMENTING THE FINANCE MINISTRY'S CIRCULAR No. 110/2002/TT-BTC OF DECEMBER 12, 2002, GUIDING THE REGIME OF COLLECTION, REMITTANCE, MANAGEMENT AND USE OF FEES AND CHARGES IN BANKING, SECURITIES AND INSURANCE DOMAINS

Pursuant to the Government's Decree No. 57/2002/ND-CP of June 3, 2002, detailing the implementation of the Ordinance on Fees and Charges;
Pursuant to the Government's Decree No. 144/2003/ND-CP of November 28, 2003 on securities and securities market;
In order to create a favorable environment for securities issuance and trading, and assure that the securities market operates in an organized, safe and efficient manner, the Finance Ministry hereby guides the amendments and supplements to Circular No. 110/2002/TT-BTC of December 12, 2002, guiding the regime of collection, remittance, management and use of fees and charges in banking, securities and insurance domains (hereinafter referred to as Circular No. 110/2002/TT-BTC for short):

1. To amend and supplement Point 1, Section II of Circular No. 110/2002/TT-BTC as follows: "Charges for services involving the use of securities equipment and infrastructure and securities activities shall be collected at the rates specified in Appendix 1: Table of charge rates in securities domain."

To promulgated together with this Circular the table of charge rates in securities domain in replacement of the detailed list of charges in Appendix 1 to Circular No. 110/2002/TT-BTC.

2. To amend and supplement the fourth em rule, Point 3, Section II of Circular No. 110/2002/TT-BTC as follows: "Charges in securities domain shall be collected, managed and used by the Securities Trading Center and the Securities Custody Center (charge-collecting agencies) according to the current regulations."

3. To amend and supplement Point 2, Section II of Circular No. 110/2002/TT-BTC as follows: "Charge-collecting agencies may use 100% of the collected charge amount to cover expenses for service provision and charge collection."

4. To replace the phrase "the detailed list of fees" at Point 2, Section II and Appendix 2 to Circular No. 110/2002/TT-BTC with the phrase "the table of fee rates in banking, securities and insurance domains."

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6. Any problems arising in the course of implementation should be promptly reported by organizations and individuals to the Finance Ministry for study and additional guidance.

FOR THE MINISTER OF FINANCE
VICE MINISTER




Truong Chi Trung

TABLE OF CHARGE RATES IN SECURITIES DOMAIN
(Promulgated together with the Finance Ministry's Circular No. 11/2006/TT-BTC of February 21, 2006, amending and supplementing the Finance Ministry's Circular No. 110/2002/TT-BTC, guiding the regime of collection, remittance, management and use of fees and charges in banking, securities and insurance domains)

Ordinal number

Names of charges

Charge rates

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Charge for use of equipment system

VND 20,000,000/terminal equipment/year

2

Charge for trading:

2.1

Share certificates, investment fund certificates

0.05% of traded value

2.2

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0.0075% of traded value

3

Charge for annual listing management

3.1

Listing of under VND 10 billion

VND 5,000,000

3.2

Listing of between VND 10 billion and under VND 50 billion

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3.3

Listing of between over VND 50 billion and under VND 100 billion

VND 15,000,000

3.4

Listing of VND 100 billion or more

VND 20,000,000

4

Charge for securities custody:

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Securities custody

VND 2/securities lot/month

4.2

Securities account transfer

VND 5/securities lot/month (not exceeding VND 500,000/account transfer)

Notes: 1 securities lot = 10 securities

Thông tư 11/2006/TT-BTC sửa đổi Thông tư 110/2002/TT-BTC hướng dẫn chế độ thu nộp, quản lý và sử dụng phí và lệ phí trong lĩnh vực ngân hàng, chứng khoán và bảo hiểm do Bộ Tài chính ban hành