Penalties for Violation on Tax Registration Time Limits

(Legal Background: Decree No 125/2020/ND-CP: Regulating Administrative Penalties For Tax Or Invoice-Related Violations) 

1. Penalties imposed in form of cautions shall be imposed for violations arising from making tax registration; notifying the temporary business suspension; notifying the premature business continuation from 1 to 10 days after expiration of the prescribed time limits under mitigating circumstances.

2. Fines ranging from VND 1,000,000 to VND 2,000,000 shall be imposed for one of the following violations:

a) Making tax registration; notifying the premature business continuation from 1 to 30 days after expiration of the prescribed time limits, except the cases prescribed in clause 1 of this Article;

b) Notifying the temporary business suspension after expiration of the time limits, except the cases prescribed in clause 1 of this Article;

c) Failing to notify the temporary business suspension.

3. Fines ranging from VND 3,000,000 to VND 6,000,000 shall be imposed for violations arising from making tax registration; notifying the premature business continuation from 31 to 90 days after expiration of the prescribed time limits.

4. Fines ranging from VND 6,000,000 to VND 10,000,000 shall be imposed for one of the following violations:

a) Making tax registration; notifying the premature business continuation from at least 91 days after expiration of the prescribed time limits;

b) Failing to notify the premature business continuation without any more taxes incurred.

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