On 10 October 2016, Vietnam's General Department of Taxation issued a release on Decree No 139/2016/ND-CP, which was issued on 4 October and applies from 1 January 2017. The Decree introduces an annual business fee structure for organizations dealing in production and business activities as follows: VND 3 million per year for organizations with a charter or investment capital of more than VND10 billion; VND 2 million per year for organizations with a charter or investment capital of less than VND10 billion; VND 1 million per year for branches and representative offices of the organizations, or non-productive units; and VND...